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24.01.2020 Football News

No New FA Cup Deal Has Been Signed - GFA

By Samuel Ekow Amoasi Appiah
No New FA Cup Deal Has Been Signed - GFA
LISTEN JAN 24, 2020

The Ghana Football Association (GFA) dismissed reports suggesting that they have signed a new sponsorship agreement for its MTN FA Cup competition.

A statement by the FA on Friday responding to what it described as "fake news in circulation about the signing of a new contract by the GFA and MTN" said it already has an existing sponsorship deal with the telecommunications company which was yet to expire.

"It would be recalled that in 2017, the Association renewed its agreement with MTN Ghana for a further three (3) seasons at a total Sponsorship Fee of GHc1,100,000.00 per year (that is GHc800,000 cash and 310,000 MTN Recharge cards/products)," the statement said.

"It would also be recalled that it was during the middle of the agreement that the consequences of the #12 expose’ truncated the football season. Thus, the agreement was held up until the resumption of the MTN FA Cup by the Association this season.

"It must be noted that it is this same agreement between GFA and MTN Ghana with the same terms and conditions that the current GFA is utilizing this season due to the holdup caused by the #12 expose’."

The GFA further urged all its members and stakeholders to disregard all the fake news in circulation about the signing of a new contract by the GFA and MTN.

Read the entire statement below;
MTN FA CUP AGREEMENT BETWEEN GFA AND MTN
The Ghana Football Association wishes to state that the Association has not signed a new agreement with Scancom PLC (MTN Ghana) for the sponsorship of its FA Cup competition.

It would be recalled that in 2017, the Association renewed its agreement with MTN Ghana for a further three (3) seasons at a total Sponsorship Fee of GHc1,100,000.00 per year (that is GHc800,000 cash and 310,000 MTN Recharge cards/products).

It would also be recalled that it was during the middle of the agreement that the consequences of the #12 expose’ truncated the football season. Thus, the agreement was held up until the resumption of the MTN FA Cup by the Association this season.

It must be noted that it is this same agreement between GFA and MTN Ghana with the same terms and conditions that the current GFA is utilizing this season due to the holdup caused by the #12 expose’.

The Association wishes to inform all its members and stakeholders to disregard all the fake news in circulation about the signing of a new contract by the GFA and MTN.

To conclude, the GFA wishes to reiterate that it has not signed a new contract with MTN Ghana and that the moment a new contract is signed with any sponsor, the Association shall communicate the details to its members in line with its transparency policies.

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