The Ghana Football Association has announced the financial breakdown of its five years sponsorship deal with Chinese Television giants StarTimes which confirms the annual breakdown of the amount involved.
In a meeting with the 18 premier league clubs on Tuesday, the FA made known to the clubs the details of Sponsors payments expected from the Star Times Television Broadcast Rights Agreement.
The yearly breakdown of the sponsorship deal is as follows:
YEAR 1 – 2019/20 season
Components
Premier League – $700,000
FA Cup – $150,000
Visibility support to DOL & Women football – $100,000
TOTAL CASH FEES – $950,000.00
YEAR 2 – 2020/21 season
Components
Premier League – $750,000
FA Cup – $200,000
Visibility support to DOL & Women football – $50,000
TOTAL CASH FEES – $1,000,000.00
YEAR 3 – 2021/22 season
Components
Premier League – $800,000
FA Cup – $200,000
Visibility support to DOL & Women football – $50,000
TOTAL CASH FEES – $1,100,000.00
YEAR 4 – 2022/23 season
Components
Premier League – $850,000
FA Cup – $200,000
Visibility support to DOL & Women football – $50,000
TOTAL CASH FEES – $1,100,000.00
YEAR 5 – 2023/24 season
Components
Premier League – $850,000
FA Cup – $250,000
Visibility support to DOL & Women football – $50,000
TOTAL CASH FEES – $1,150,000.00
TOTAL = $5250,000.00