First Capital Plus Suspends Ghana League Sponsorship

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FA Boss-First Capital Plus

Domestic league sponsors, First Capital Plus Bank, have suspended their contract with the Ghana Football Association until further notice, FA President, Kwesi Nayantakyi has revealed.

According to Mr Nyantakyi, the bank announced its decision through an official correspondence to his outfit informing them of their decision to put on hold their sponsorship of the local league as the bank undergoes some restructuring.

“There is a request for a suspension of the contract because the bank is undergoing restructuring. But, we are yet to engage the bank on this request.

The Executive Committee is yet to meet and discuss this subject and if there are legal issues flowing from that we will take it up,” Nyantakyi told the media.

The First Capital Plus Bank, in February 2014, signed a $10 million five-year deal with the FA to provide sponsorship for the local topflight but are reportedly not happy with the benefits so far derived and have therefore decided to review the contract when they meets with the Ghana FA officials.

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