Football: Black stars of Ghana to be sponsored by Nigerian company

Reading time 1 min.
Flag of Nigeria
Flag of Nigeria

The Ghana subsidiary of Nigeria’s telecommunications giant Globacom is sponsoring Ghana’s senior national team, the Black Stars, to the tune of US$9 million. The package from Gobacom Mobile Ghana is worth US$1.8 million per annum over a five-year period, the Ghana News Agency reported on Friday. Olabode Opeseitan, Head of Glo Public Relations, said that inclusive of the package was a US$500,000 performance-driven incentive that the team would enjoy as bonus in the event of winning the 2010 World Cup slated for South Africa. Similarly, the team will reap US$250,000 if it wins the Angola 2010 African Cup of Nations. While the Ghana Football Association (GFA) has already received US$750,000 for this year’s quota, Glo is expected to top up when it rolls out as a cellular telecoms provider in the next few weeks. Opeseitan said US$1.5 million of the deal would be in cash and the extra US$300,000 would come as products for the team and its handlers.

Nigeria  Read latest news and features from Nigeria : business, politics, culture, life & style, entertainment and sports
Support Follow Afrik-News on Google News