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Sports News of Monday, 1 June 2015

Source: sportscrusader.com

New sponsorship deal to give Kotoko Ghc40,000 annually

Asante Kotoko will receive an annual amount of Ghc40,000 from their new sponsorship agreement with Living Bread, Sportscrusader.com can confirm.

The bread bakery signed a two-year contract to become the latest sponsors of the Ghanaian champions.

Living Bread promised five percent of their ex-factory price sales in the contract.

But Sportscrusader.com checks have revealed that this amount translates into Ghc40,000 a year.

It is, however, unclear whether the amount will be paid to Kotoko at the start or the end of each year.

Living Bread will also be giving out its products to the team especially during camping periods.