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“GPL missed out $5m sponsorship deal” – Kurt Okraku
Ghana Football Association President Kurt Okraku has opened up about the league losing a major sponsorship deal from an alcoholic beverage company.
He made this revelation when he appeared before the Parliament Select Committee on Sports this afternoon.
According to him, the Ghana Premier League lost out on a major potential sponsorship after the Food and Drugs Authority (FDA) blocked a proposed investment from Guinness Ghana Limited.
“We were approached by Guinness Ghana Limited, which wanted to invest over $5 million annually in the Ghana Premier League. We did everything we could, but the FDA said no,” Okraku told the committee.
He urged Parliament to review and remove the legal provision that gives the FDA the power to approve or reject such sponsorship arrangements.