Tuesday, 18 December 2018
Consolidated Bank of Ghana to honour 3-year sponsorship contract with the Black Stars

Consolidated Bank of Ghana to honour 3-year sponsorship contract with the Black Stars Featured

The Consolidated Bank of Ghana Limited has decided to honour the remainder of a three-year sponsorship contract between dissolved uniBank and the senior national team, the Black Stars, Graphic Online has gathered.

The initial three-year deal which saw uniBank become the official bank of the Black Stars was first signed between the bank and the Ghana Football Association (GFA) in 2013 and worth $1.2 million over the period.

t was renewed in 2016 for another three years and still has one year to run until it expires in 2019.

Some analysts suggested that the deal will be truncated after the bank was declared insolvent by the Bank of Ghana in August 2018 and subsequently merged with four other banks to form the Consolidated Bank of Ghana Limited.

However, according to a source at the Consolidated Bank, the contract will be allowed to run its course after which an assessment will be made on whether it will be renewed.

The bank has since issued a farewell message to the Black Stars as they prepare to face Sierra Leone in an AFCON 2019 Group F qualifier on October 11 at the Baba Yara Stadium.

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