The Ghana Football Association (GFA) sponsorship settlement with betPawa as headline sponsor for the Ghana Premier League (GPL) is less than $1 million, Tema Youth FC proprietor, Wilfred Kwaku Osei, has alleged.

The Ghana FA signed a three-year sponsorship cope with the betting company price $6 million throughout the contract period.

“Also part of the money will go into media and marketing and finally part will go into the construction of a betPawa astro turf football pitch at the Ghanaman Soccer Centre of Excellence,” president Okraku revealed through the signing ceremony in early August.

GFA signed three years sponsorship settlement with betPawa

However, Osei Palmer, who served as finance committee of the FA for seven years claims the money is less than the introduced figure.

“The betPawa sponsorship is not more than $1 million,” Palmer told Joy Sports.

“How can you give me $2 million and say activation is $1 million. How are you going to capture that in your books?

“In your books, you can only declare $1 million as the sponsorship figure. In accounting, we have allowable and non-allowable expenditure, if it’s for adverstising or promotion, it has to appear as adverstising and promotion; you cannot lump that and say that is part of sponsorship.

“So within the books and records of the  FA, how much have you received for the sponsorship and clubs are getting $25,000 out of $2 million? No!”

The former Black Stars administration committee chairman disclosed that, the FA sponsorship with Glo signed some ten years in the past, was price $6 million a year, nevertheless it may solely announce $3 million as a result of the other $3 million was for activation.

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