Betway Group has confirmed their sponsorship deal with dethroned Ghana Premier League champions AshantiGold.

But both parties refused to give details about the duration and terms of contract.

This sponsorship deal is huge for the club as Betway happens to be the prinicipal headline sponsor of English Premier League West Ham United.

The betting company replaces Permafix as the club's headline sponsor.

"I'm very excited about this sponsorship agreement and convinced that our favourite team and the pride of Obuasi will continue to shine and win more national and continental laurels,'' AshantiGold CEO Kudjoe Fianoo said.

Country Manager for Betway Ghana Rex Danquah said explained their decision to partner.

"We have followed with keen interest the successes chalked by Ash Gold FC. Their winning mentality and effective and professional administration has endeared us to the team,'' he said.