Ghana Football Association president Kwesi Nyantakyi is optimistic the local league will have a new title sponsor following the withdrawal of First Capital Plus bank in November.
The bank signed a five-year deal with GFA in January 2014, worth $10 million in total and $2 million annually, to replace telecommunication giant Globacom. However, the lender pulled out after reaching a decision to undergo restructuring.
“Ghana Premier League is without a title sponsor but the GFA is still in a search for one,” Nyantakyi told Storm FM. “We are very optimistic that before the league kicks off, we would surely get a new headline sponsor to provide sponsorship package for it,” he added.
Sports5050 understands that ‘restructuring’ may not be the only reason for First Capital Plus’ abdication. Poor branding of the league, resulting to low publicity and patronage as well as constant change of dates for league games have been reported as factors that led to the abrupt end of their contract.
The 2015-16 season was billed to kick off on December 20, but legal tussles between second-tier sides Techiman City and Wa African United as well as Tema Youth FC and Dreams FC keep delaying the schedule.
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