Ghana FA considering termination of Glo sponsorship deal

Published on: 18 September 2013
Ghana FA considering termination of Glo sponsorship deal
Glo owes over $2m in outstanding sponsorship fees to Premier League

The Ghana FA might abrogate its contract with telecommunication giants Globacom over the sponsorship of the Premier League.

The association’s Executive Committee will be reviewing the status of headline sponsors following their failure to honour recent promises.

Ghana FA President Kwesi Nyantakyi held discussions with top rank Glo officials in Nigeria a few months back in an attempt to settle the telco’s indebtedness to the clubs.

Glo are said to be owing over $2m in outstanding sponsorship monies due the Premier League for their initial five-year agreement which has already expired.

The Ghana FA was waiting for Glo to clear its outstanding debts before committing to a renewal.

But the association will contemplate terminating its relationship with Glo over their failure to honour a recent pledge made after meeting with the Ghana FA boss.

“We held discussions with Glo officials in Nigeria where they assured us they will be paying the outstanding sponsorship monies in three tranches,” GFA spokesman Ibrahim Sannie-Daara told Hot FM.

“They said one in September, another in October and the final one in November to then trigger an automatic renewal.

“But as I speak to you now even their first promise has not been fulfilled so it is an issue the executives will be reviewing as to whether to continue with this relationship or to abrogate it.

“We are very mindful of the legal ammunitions at our disposal and that is why I say the executives will be reviewing the situation.”

Comments

  • Nene
    says: 6 years ago
    This is 419 at the highest level Trust Nigerians for that
  • spellBOUND
    says: 6 years ago
    gfa should terminate these fools immediately. how can a telecommunication giants like that owe an FA??? is not like they dont have the money to pay their debts.. the white man is always taking the african for a fool. other sponsors are probably lined up waiting for an opportunity. CAN these big belly glo fools and look for another sponser. i hate it when a big corporation makes up excuses to delay payments to the little guy. damn...
  • Olu
    says: 6 years ago
    Don't be ungrateful or partial. Check facts and see whether your Ghana FA is not trying to save face because of their underground corruption b4 accusing GLO. This is because while you are here spiting hatred and nonsense, GLO is busy signing sponsor contracts with other better EU and African countries etc,including the UK and there is no complain as such.
  • GHFUO, BE SERIOUS NOT PRIDEFUL!
    says: 6 years ago
    NYANTAKYI IS A BLOODY DAMN FOOL. HE CLAIMED BRIBE TO BRING IN GLO. NOW THAT HE HAS CHOPPED THE BRIBE, HE IS RELUCTANT TO CANCEL THE GLO DEAL BCOS THE NIGERIANS WANT THEIR MONEY BACK. NKWASIAS3M. EVEN A WAAKYE SELLER KNOWS BETTER THAN TO ENTERTAIN LIES FROM HER CUSTOMERS. HOW DO U SIT THERE N START UR LOCAL LEAGUE WITHOUT SPONSORSHIP? ARE U A DUMMY?