The Ghana Football Association (GFA) and Premier League Board (PLB) have announced a five-year headline sponsorship deal worth USD10M with Zylofon Media.
The deal ends a three year wait of a title sponsor since defunct First Capital Plus Bank pulled out in just two years in their 5year deal with the FA.
The deal was signed at a short ceremony at the Movempick Hotel on Thursday.
Summary of the deal:
*This means the Premier League will now be called Zylofon Cash Ghana Premier League.
*Every season: Zylofon media will give the GFA USD2M
*Every Club will get: $70,000 per season.
*Winner of the league is expected to get : $40,000
*Division One League clubs will no longer pay officiating fees as the deal will cater for that.
* Stonebwoy, Shatta Wale, Becca and other artists under the Zyofon media record label will perform at ZylofonCash Ghana Premier League games to promote league.
Chief Executive Officer of Zylofon Nana Appiah expressed his company’s pride in their strategic partnership with the Ghana Premier League.
“Zylofon Media has proudly taken the decision to be the headline sponsor of the Ghana Premier League for the next five years”.
“Zylofon Media has taken the decision to sponsor the league for the next five years. Now, the Ghana Premier League would be called the Zylofon Cash Ghana Premier League,” Zylofon boss Nana Appiah Mensah said.
GFA President Kwesi Nyantakyi said the GFA is grateful to Zylofon Cash for their immense support of Ghana football.
“We are eternally grateful to the Chief Executive of Zylofon Group, Nana Appiah Mensah and his team for their decision to invest in the Ghana Premier League and Ghana football.”
“I will like to assure you that your decision to come on board as a sponsor is laudable step taken and a very worthy cause you are pursuing.”
The GFA President was of the firm belief that massive injection of cash into the league will help both the clubs and the GFA to make the Premier League much better.
He also urged all stakeholders to ensure that the sponsor gets its deserved mileage.
“We must all avail ourselves to ensure that the benefits we have ensured for Zylofon Cash are delivered without a hindrance.”
Story by: Samuel W. Joe Okyere