Ghana Premier League side Techiman City FC are on the verge of losing their major sponsorship deal with Nasona Oil after GFA Ethics committee found them guilty of match fixing with Wa African United during their run to qualification.
The Brong Ahafo club agreed a five year deal worth $350,000 with Nasona in December but managing director of the company, Alhaji Abuba Shaibu, insists they will bow out of the contract should Techiman fail to win their legal tussle.
“Our negotiation with Techiman City was based on condition that they’re going to play in the premier league, but the Ghana FA has demoted them to even a third-tier, not second-tier,” Shaibu was quoted as saying by Sportscrusader.
“If you’re a businessman, would you sign a deal with such a club? The sponsorship agreement with Techiman City like I told you in our previous interview will only be done if they play in the premier league,” he added.
However, Techiman president Charles Kwadwo Ntim has advised supporters not to panic since they’re doing everything right to overturn the verdict.
“I understand the stance of Nasona Oil but all will be well in the upcoming days,” Ntim toldGoal.
“The supporters should stay calm and keep supporting the club because everything is under control. We’ll surely play in the league, come what may,” he added.
Goal understands that Techiman have placed a stay-off execution on the verdict and when accepted will allow them to honour their first league game over the weekend with Berekum Chelsea while the case runs concurrently.
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