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June 6, 2018 | Football News

SHOCKING: How GFA Boss Kwesi Nyantakyi Plan To Pocket 25% Of Alleged Sponsorship Deal

Samuel Ekow Amoasi Appiah / Modern Ghana
SHOCKING: How GFA Boss Kwesi Nyantakyi Plan To Pocket 25% Of Alleged Sponsorship Deal

The president of the Ghana Football Association who doubles as the 1st CAF vice president, Kwesi Nyantakyi has been caught on camera allegedly outlining the process involved in setting up an agency [NAMAX] that would broker a sponsorship deal for the Ghana Premier League.

According to him, the company will ensure that all promises made by the Ghana Football Association with regards to the contract are adhered to.

The deal under discussion was to be worth $5million for a year for five years.

As part of the deal, the country's football governing body would allegedly pay an agency fee that ranged between 20 – 25 % to the agency that Kwesi Nyantakyi proposed to set up.

The FIFA Council Member added that he owned a financial institution through which the money should be wired.

“We will form a company to be the agency that will ensure that the benefits that the GFA will promise are met.

“We will negotiate with the GFA and you will not have to pay any money.

That money will rather be paid by the GFA from the sponsorship money.

“The money should be sorted out then there will be peace.

Mr Nyantakyi further details how an amount of GHc1million which he tagged as thank you money should be handed to him and the Northern Regional FA boss Alhassan Abdullai to split for their hard work.

These were the same investors from the Gulf who were also interested in securing road contracts among other lucrative government projects.

Sports Football News

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