GFA chases Glo for $2.12m debt - Footy Dreams

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GFA chases Glo for $2.12m debt

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Telecommunication giants GLOBACOM (Glo)is set to face the law after the Ghana Football Association wrote to their lawyers over outstanding debts of $ 2.12m owed them.

The Nigeria-based Telecommunication Company, with operations in Ghana, was the headline sponsors of the 2012/2013 Ghana Premier League but failed to pay the sponsorship money in full.

Five years ago, GLOBACOM paid the GFA $1.9 million as part of the debt but the company is yet to clear the outstanding financial obligations in spite of reminders by the football regulatory body.

The Daily Graphic can exclusively revealed yesterday that the FA had asked its lawyers to help them retrieve an amount of $2,124m000 from Glo including interest.

The GFA President Mr. Kurt Edwin Simeon- Okraku told Daily Graphic online stressed that the clubs desperately needed the money from GLO to boost their finances which has been hit hard by the suspension of competitions occasioned by the COVOD-19 pandemic.

“Given the big impact of COVID, this is the time GLO should have shown concerns to support our football industry.” Mr. Okraku stressed.

“This would have gone a long way to help the clubs.” He added.

The Ghana Premier League was suspended on March 15 in line with directive by President Nana Addo-Dankwa Akufo-Addo to suspend social gatherings and sporting events to help prevent the entire spread of the virus.

The entire football season was subsequently cancelled by the FA which is currently putting on safety measures and protocols to ensure football returns in the safest environment possible when the suspension on contact sport is lifted by the government.

By Edmund Okai Gyimah/Graphic Sports

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