$10 million Zylofon Cash sponsorship contract missing at GFA office

Details of a $10 million sponsorship deal by Zylofon Cash for the Ghana Premier league have  conspicuously gone missing at the Headquarters of the Ghana Football Association (GFA).

According to details emerging from the GFA, the Normalization Committee forensic audit team reviewing contracts under the tenure of banned GFA president, Kwesi Nyantakyi reveal that they are unable to find those documents relating to the Zylofon deal in particular

Head of Sports of Atinka Media, Saddick Adams who announced the shocking news on his Facebook page recalled how the FA agreedto a mega five-year deal worth $10 million with the Football Association.

Last year,the GFA signed a  five-year sponsorship deal with Zylofon Cash to become the headline sponsor of the Ghana Premier League.

Announcing the mouthwatering deal in Accra, Nana Appiah Mensah, Chief Executive Officer Of Zylofon described his company’s decision to sponsor the Ghana Premier League as a “patriotic and mutually beneficial journey”; which will contribute immensely to the development of not just the Ghana Premier League, but also Ghana football.

With the Zylofon Group’s foray into football ownership having acquired Division One side Star Madrid, Nana Appiah Mensah outlined the increasing financial burden on clubs and said this sponsorship will help ease much financial pressure on Premier League clubs.

Nana Appiah expressed his company’s pride in their strategic partnership with his burgeoning Zylofon Cash and the exciting Ghana Premier League but his company Menzgold which is the main cash cow, has run into crises in recent times.

Source: MyNewsGh.com/Stephen Zoure/2019