Football Kenya Federation (FKF) has signed a lucrative sponsorship deal with a betting firm.
Reports reaching TUKO.co.ke indicate the deal was put on paper on Monday, December 2 and will run for three years.
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FKF President Nick Mwendwa. The Federation have reportedly agreed a deal with a betting firm. Photo: Daily Nation
Source: UGC
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In addition, deal will give an opportunity for young and upcoming footballers in the country to showcase their talents at the top level.
A source privy to proceedings, who didn’t want to be named, said the sponsorship would go a long way in nurturing and spotting talent in the country.
“FKF and the new partners have signed a three-year deal which will target the growth of grassroots football across the country,” the source mentioned.
Football Kenya Federation (FKF) has signed a lucrative sponsorship deal with a betting firm.. Photo: The Standard
Source: UGC
Speaking on the deal , FKF CEO Barry Otieno confirmed they had signed a multimillion Shilling deal with a betting firm but declined to divulge more details.
Mr Otieno expressed happiness regarding the deal stating that full details of the deal will be announced this Thursday.
The CEO at the same time expressed optimism that other corporates would tag along in line with such sponsorship deals to support football in the country.
“It is true we have sealed another sponsorship with a betting firm but the finer details will be made public during the signing ceremony at a Nairobi Hotel on Thursday. We are very happy that at least for now, we are attracting sponsorship which has eluded the federation for some time,” Otieno stated.
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