Zylofon Cash has completed the deal to sponsor the Ghana Premier League after the official launching was held at on Thursday at the Movinpick Ambassador Hotel in Accra.
The sponsorship deal is worth $10m and is expected to last in a period of 5 years.The package will also see the 16 Ghana Premier League and Division One League clubs sharing $2m a year.
The package was confirmed by the Chief Executive Officer of Zylofon Media, Nana Appiah Mensah at a grand ceremony which was attended by all the football gurus in the country led by GFA President Mr. Kwasi Nyantakyi.
Therefore Zylofon Cash would be the headline sponsors of the Ghana Premier League which has been now be renamed the Zylofon Cash Premier League.
In his official address before the pending his signature to the deal, Nana Appiah Mensah, emphasized on the need to support local brands to flourish in the business world – an objective that motivated the sponsorship.
“Zylofon Media has proudly taken the decision to be the headline sponsor of the Ghana Premier League for the next five years”, he declared
GFA President Kwesi Nyantakyi expressed the GFA’s gratitude to Zylofon Cash for their immense support of Ghana football.
“We are eternally grateful to the Chief Executive of Zylofon Group, Nana Appiah Mensah and his team for their decision to invest in the Ghana Premier League and Ghana football.”
“I will like to assure you that your decision to come on board as a sponsor is a laudable step taken and a very worthy cause you are pursuing.”
The Ghanaian league has never lacked major sponsors but has struggled to hook on to one since First Capital Plus Bank pulled out of their five years sponsorship deal with the GFA in 2015.
The Ghana Premier League could soon be called the Zylofon Cash Premier League.