The Ghana Football Association (GFA) is contemplating taking legal action against Globacom Mobile Ghana over US$ 6.5 million sponsorship fee arrears.
Glo Mobile brokered a five-year deal in 2008 was worth US$3 million per season for the league and an undisclosed amount for the Black Stars.
The federation is at its wit’s end after several unsuccessful attempts to retrieve the outstanding sponsorship money from the mobile phone operator.
“We have kept to our side of the deal. We have even gone on to hold several meetings, sometimes travelling to Nigeria, just to get this issue resolved,” Ghana FA president Kwesi Nyantakyi told the Graphic Sports.
“There have been several discussions and concessions given just to ensure that Glo could settle the outstanding bills, but after the last September deadline, no word had come from them. It is very frustrating and unfair to the clubs and the other parties involved and we must now act to claim the money.”
The Ghana FA has since decided not to re-open negotiations with Glo to extend the sponsorship deal until all outstanding bills were cleared.
Source: Graphic Sports
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