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Goldfields increases sponsorship package of Black Stars

Published on: 30 August 2011

By Ameenu Shardow

The Black Stars will receive an annual sponsorship package of $1.5m from headline sponsors, Goldfields Ghana Limited.

The new deal which is an extension of the previous $1.2m per year signed three years ago was disclosed at a press conference held at the plush Movenpick Hotel in Accra.

Goldfields first signed to sponsor the Black Stars in 2005, a relationship which was largely credited for Ghana’s maiden participation at a senior world.

The quantum of sponsorship was then $1m annually for three years. It then graduated to $1.2m in 2008 and has now been extended by an additional $300,000.

Part of the sponsorship deal is used to foot the monthly wages of Ghana coach Goran Stevanovic pegged at 30,000 euros.

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