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Home Featured

GFA To Chase GLO Over $2.12m GPL Sponsorship Debt

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The GFA is set to go after Nigeria-based telecommunication company GLOBACOM, with operations in Ghana over outstanding debts of $2.12m owed them.

GLO was the headline sponsor for the 2012/13 Ghana Premier League but failed to pay the sponsorship money in full. 

In 2015, GLO paid the FA $1.9 million out of the debt but the company is yet to fulfil its outstanding financial obligations notwithstanding reminders by the football regulatory body.

Today’s edition of the Daily Graphic reports that, the FA has asked its lawyers to help them retrieve the money, interest inclusive, from GLO.

The GFA President, Mr. Kurt Edwin Simeon Okraku told the Daily Graphic that, league clubs desperately needed the money from GLO to boost their finances which had been hit hard by the suspension of competiions following the COVID-19 pandemic.

Given the big impact of COVID, this is the time GLO should have shown concern to support our football industry.” Mr. Okraku stressed

“This would have gone a long way to help the clubs.” He added.

President Nana Addo-Dankwa Akufo-Addo taking actions to prevent the spread of the virus, suspended the Ghana Premier League on March 15.

The FA, which is currently putting in place safety measures and protocols to ensure football returns in the safest environment possible when the government lifts the suspension, canceled the entire football season.

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