Club Owners make u-turn on League sponsorship deal

Despite the disaffection expressed last week, Premier League Club Owners have endorsed the sponsorship deal that was entered into by the League Management Company and telecommunications company, Globacom.
The Acting Secretary of the club owners and General Manager of ABS, Alloy Chukwuemeka, believes that Globacom’s return to the league after over two years of being without a title sponsor, was a big boost to football.
Chukwuemeka said that the 20 Premier League clubs have fully endorsed the return of the company and have extended their goodwill to Chief Mike Adenuga and the entire organisation for the general support for Nigerian football and other sports.
On the percentage of the sponsorship deal accruable to the clubs, Chukwuemeka said the LMC and representatives of the clubs are already discussing on the sharing formula, even as he was silent on a specific percentage.
According to him: “We as the club owners are happy with Glo’s return to the league as title sponsors and as I am speaking to you now, very soon clubs will smile to the bank after over two years of sponsorship drought.”
It would be recalled that the presence of Glo was prominent during Sunday’s match between Sunshine and ABS FC at the Akure Township Stadium, as the Ondo State Governor, Dr. Olusegun Mimiko, was around to watch the encounter.
The Club Owners have also urged other corporate bodies in the country to emulate Globacom by partnering with the League Management Company to develop football in the country.