BETTING GHANA betPawa GPL sponsorship less than $1 million 5 months ago Iwo Bulski Post Views: 245 The Ghana Football Association (GFA) sponsorship agreement with betPawa as headline sponsor for the Ghana Premier League (GPL) is less than $1 million, Tema Youth FC owner, Wilfred Kwaku Osei, has alleged. The Ghana FA signed a three-year sponsorship deal with the betting company worth $6 million across the contract duration. “Also part of the money will go into media and marketing and finally part will go into the construction of a betPawa astro turf football pitch at the Ghanaman Soccer Centre of Excellence,” – president Okraku revealed during the signing ceremony in early August. However, Osei Palmer, who served as finance committee of the FA for seven years claims the money is less than the announced figure. “The betPawa sponsorship is not more than $1 million. How can you give me $2 million and say activation is $1 million. How are you going to capture that in your books?” – told Wilfred Osei. In your books, you can only declare $1 million as the sponsorship figure. In accounting, we have allowable and non-allowable expenditure, if it’s for adverstising or promotion, it has to appear as adverstising and promotion; you cannot lump that and say that is part of sponsorship. “So within the books and records of the FA, how much have you received for the sponsorship and clubs are getting $25,000 out of $2 million? No!” The former Black Stars management committee chairman disclosed that, the FA sponsorship with Glo signed some ten years ago, was worth $6 million a year, but it could only announce $3 million because the other $3 million was for activation. “In the GLO sponsorship that we had, $3 million was for sponsorship, activation was $3 million but that wasn’t part of the records. You have to create a dustbin because that money is not part of the FA,” – he stated. Source: myjoyonline.com About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: betPawa, Ghana, sponsoring Continue Reading Previous In Ethiopia, Addiction To Sports Betting Affects All Layers Of SocietyNext Court freezes new SportPesa licence amid shareholder row More Stories BETTING KENYA Court orders gambling firm to pay former staff Sh12m in terminal dues 10 hours ago Samuel BETTING SOUTH AFRICA Kambi Group to Continue Supplying SunBet with Solutions 13 hours ago Samuel BETTING GHANA Betway extends sponsorship for Ghana Women’s Premier League 13 hours ago Samuel BETTING WORLD NEWS LeoVegas Group launches new global partnership with Inter 13 hours ago Iwo Bulski BETTING KENYA Ndungú’s stake in Sportpesa firm risks seizure without pay 1 day ago Szarlot BETTING NIGERIA Parimatch Tech evolves into GR8 Tech 1 day ago Szarlot BETTING SOUTH AFRICA SIS, Kiron Interactive in Africa partnership 4 days ago Szarlot BETTING UGANDA Melbet online betting is a stable source of income 4 days ago Szarlot BETTING WORLD NEWS Bookmaker 1xBet denies problems with license and connection with Russia 4 days ago Samuel BETTING TANZANIA Betting firm employs 142 Tanzanian youths 1 week ago Szarlot BETTING SOUTH AFRICA Betfred SA denies it owes Joburg City Power over R3m in unpaid lights bill 1 week ago Szarlot BETTING TANZANIA Parimatch Tech becomes GR8 Tech 1 week ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.