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Sports News of Thursday, 26 April 2018

Source: starrfmonline.com

Zylofon Media pumps $10m into Ghana Premier League as new Sponsors

Nana Appiah Mensah, CEO of Menzgold and Zylofon Media Nana Appiah Mensah, CEO of Menzgold and Zylofon Media

Zylofon media has pumped $10 million into the Ghana Premier League to become the new title sponsor.

The FA will receive $2million a year for the next five years.

The local league had gone three seasons without a headline sponsor after Capital Bank redrew their sponsorship in 2015.

The sponsorship package will see each of the 16 premier league clubs receiving $70 thousand a year.

The clubs will get an initial $35,000 out of a principal of $1 million and part of this principal will also go to the division one clubs to cater for officiating.

The deal will also see the winner of the league taking home $40,000.

Operations manager of West Africa Football Academy, George Ofosu Hene told Starr Sports, club officials have been officially informed about the deal.