StarTimes deal: Each club to receive $30, 000; over GHC1.3 million budgeted as officiating cost this season

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Premier Leagues clubs are expected to each receive $30, 000 for the 2019/ 2020 season as their share of the $700, 000 expected to be pumped into the local league by Chinese broadcasting giants, StarTimes.

The expected funds to be expended on the league follows an agreement reached between Ghana Football Association and the Chinese-owned company for the rights to broadcast the league.

The total sum estimated to be spent on the teams amounts to about $540, 000 with the remaining funds dedicated to officiating expenses and other administrative costs.

In all, StarTimes is required to invest $950, 000 in the first year. According to the deal signed with the GFA, $150, 000 will go into the FA Cup sponsorship while $100, 000 will be spent on visibility support to Division One League & Women football.

Over the five-year period the agreement is expected to last, StarTimes will be required to invest $5250,000.

For Year 1, which is the 2019/20 season; Premier League – $700,000, FA Cup – $150,000, Visibility support to DOL & Women football – $100,000, amounting to – $950,000

For Year 2, which is the 2020/21 season; Premier League – $750,000, FA Cup – $200,000, Visibility support to DOL & Women football – $50,000, making – $1,000,000

In Year 3, 2021/22 season; Premier League – $800,000, FA Cup – $200,000, Visibility support to DOL & Women football – $50,000, bringing the total to – $1,100,000

The deal inYEAR 4 – 2022/23 season will cost $1,100,000 -Premier League – $850,000, FA Cup – $200,000, Visibility support to DOL & Women football – $50,000

In Year 5 – 2023/24 season StarTimes will pay $1,150,000 – Premier League – $850,000, FA Cup – $250,000, Visibility support to DOL & Women football – $50,000

The breakdown was disclosed to the 18 participating clubs by the Ghana Football Association at a meeting convened on Tuesday to address issues to do with the league since the season began in December, 2019.

Other issues discussed related to officiating, pre- and post-match press conferences, amount to be earned at each stage of the FA Cup competition among others.

Source: ABCNewsGh.com 

 

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