West Head Company brokers GNPC sponsorship deal for Black Stars?
A private firm, West Head Company has claimed brokering a lucrative sponsorship deal involving the Ghana National Petroleum Corporation (GNPC) for the Ghana Football Association (GFA).
The sponsorship deal worth a reported $3 million annually, for three-years will see the state agency responsible for the exploration, licensing and distribution of petroleum related activities replacing mining firm, Goldfields Ghana Limited (GGL), as headline sponsors of the senior national team.
The GGL partnership with the GFA is expected to run out anytime soon but the mining firm has already expressed their unwillingness to continue with the $1.5 million-a-year marriage with the Black Stars. GGL’s sponsorship with the Black Stars lasted nearly seven years from an initial $1.2 million in 2005.
In a bizarre twist like the infamous Mid-Sea palaver that headlined the sponsorship deal of telecommunications outfit, Glo Mobile Ghana with the GFA; GNA Sports has gathered that West Head are not the brokers of the deal.
A highly placed source at the GNPC told GNA Sports that the State agency opted to sponsor the Black Stars as part of its corporate social responsibility.
The source, also a Board member of the corporation said he invited officials of the GFA for discussions on the deal and has not dealt with any said third party called West Head.
He expressed surprise at the claim by the private firm, whose share holders surprisingly serve on some Standing Committees of the GFA.
The Directors of West Head according to information gathered by GNA Sports are Aloysius Denkabe (Chairman, Referees Committee), Joseph Yaw Appiah (Member, Black Queens Management Committee) and Owuahene Acheampong (Member, FA Cup Committee and Black Satellites Management Committee).
Like Mid Sea, West Head will be entitled to 25-percent of the sponsorship package; 15-percent agency fee and other 10-percent for administrative fee, totaling in excess of $2 million for the total duration of the contract.
With GNPC dismissing claims of the existence of a third-party regarding the deal, it is however not known the destination of the over $2 million when the deal is finalized.
When contacted, Denkabe confirmed to GNA Sports his shareholder role in West Head Company as well as Acheampong and Appiah.
With his other portfolio as Chief Executive Officer, Dr Denkabe, also a lecturer at the University of Ghana confirmed being the initiator of the sponsorship deal after preliminary discussions with his friend who works at the GNPC.
He rejected claims of a ‘conflict of interest’ regarding his involvement and that of his two colleagues, insisting they are not members of the GFA Congress which constitutes the highest decision making organ of the football governing body.
Denkabe was the immediate past representative of the Constituent Bodies on the GFA Executive Committee, Owuahene from Ashantigold whilst Appiah has been a long-time representative of Tano Bofoakwa and one-time Chairman of the Ghana League Clubs Association (GHALCA).
This development further tarnishes the fading image of the GFA with several controversies marring the current administration.
Meanwhile, GNPC looks set to be named as headline sponsors of the GFA in the ensuing days.**
Search Forums
Discussion Forums
West Head Company brokers sponsorship deal for Black Stars?
Moderators: deciiva, kebashorificatious
West Head Company brokers sponsorship deal for Black Stars?
by Ekow on Tue Apr 03, 2012 9:31 pm
- Ekow
- Professor
- Posts: 91547
- Joined: Mon Nov 01, 2004 11:50 pm
by JahGuideI on Thu Apr 05, 2012 3:26 pm
niidawg3 wrote:^^ sure is ...
GNPC is denying that West Head brokered the deal. And West Head is owned by several GFA Members ... who stand to make 2million dollars off the sponsorship deal
OH GHANA?!?!?!
Massa, I just finished reading GNPC's rebutal. Eish Ghana where are we headed?
-
JahGuideI - BSc
- Posts: 1878
- Joined: Tue Jun 05, 2007 10:03 pm
- Location: Buckeye State
by Ekow on Thu Apr 05, 2012 3:35 pm
GNPC Board Chairman dares GFA over West Head Company sponsorship
The Board Chairman of the Ghana National Petroleum Corporation (GNPC), Ato Ahwoi, has dared the Ghana Football Association (GFA) to parade a private outfit, West Head as brokers of the Corporation’s sponsorship for the Black Stars at their own risk.
West Head Company has claimed it brokered a lucrative sponsorship deal involving the GNPC for the GFA but the Board Chairman has poured scorn on the claim insisting "the decision to sponsor the Black Stars emanated from us and no such third party."
Asked if West Head approached the GNPC to sponsor the senior national team, Mr. Ahwoi told GNA Sports "Who are they? I have not even heard the name before. We met as an outfit and decided to support the Black Stars as part of our corporate social responsibility. We did not deal with any third party. If they continue to parade any third party, they risk getting nothing from us (GNPC)."
The sponsorship deal, worth a reported 3 million dollars annually for three-years will see the state agency, responsible for the exploration, licensing and distribution of petroleum related activities, replacing mining firm Goldfields Ghana Limited (GGL), as the headline sponsors of the senior national team.
The GGL partnership with the GFA is expected to run out anytime soon but the mining firm has already expressed their unwillingness to continue with the 1.5 million dollars -a-year marriage with the Black Stars. GGL’s sponsorship with the Black Stars lasted a near seven years from an initial 1.2 million dollars in 2005.
In a bizarre twist like the infamous Mid-Sea palaver that headlined the sponsorship deal of telecommunications outfit, Glo Mobile Ghana with the GFA; GNA Sports can confirm that West Head Company are claiming responsibility as brokers of the deal.
Mr Ahwoi expressed surprise at the claim by the private firm, whose shareholders surprisingly serve on some Standing Committees of the GFA.
He told GNA Sports, "I have already told Kwesi Nyantakyi that they risk losing everything if they continue with this claim, which is untrue and he has totally agreed. I will not tolerate that. The next thing you will hear is that I supervised this for a kick-back when indeed our decision to sponsor the team emanated from us and no such third party called West Head."
The Directors of West Head, according to information gathered by GNA Sports are Aloysius Denkabe (Chairman, Referees Committee), Joseph Yaw Appiah (Member, Black Queens Management Committee) and Owuahene Acheampong (Member, FA Cup Committee and Black Satellites Management Committee).
Like Mid Sea, West Head will be entitled to 25-percent of the sponsorship package; 15-percent agency fee and other 10-percent for administrative fee, totaling in excess of 2 million dollars for the total duration of the contract.
With GNPC dismissing claims of the existence of a third-party regarding the deal, it is however not known the destination of the over 2 million dollars when the deal is finalized.
When contacted, Dr Denkabe confirmed to GNA Sports his shareholder role in West Head Company as well as Acheampong and Appiah.
With his other portfolio as Chief Executive Officer, Dr Denkabe, who is also a lecturer at the University of Ghana confirmed of being the initiator of the sponsorship deal after preliminary discussions with his friend who works at the GNPC.
Dr Denkabe, however, rejected claims of a ‘conflict of interest’ regarding his involvement and that of his two colleagues, insisting they are not members of the GFA Congress which constitutes the highest decision making organ of the football governing body.
He was the immediate past representative of the Constituent Bodies on the GFA Executive Committee, Owuahene from Ashantigold whilst Appiah has been a long-time representative of Tano Bofoakwa and one-time Chairman of the Ghana League Clubs Association (GHALCA).
Meanwhile, GNPC looks set to be named as the headline sponsors of the GFA in the ensuing days
The Board Chairman of the Ghana National Petroleum Corporation (GNPC), Ato Ahwoi, has dared the Ghana Football Association (GFA) to parade a private outfit, West Head as brokers of the Corporation’s sponsorship for the Black Stars at their own risk.
West Head Company has claimed it brokered a lucrative sponsorship deal involving the GNPC for the GFA but the Board Chairman has poured scorn on the claim insisting "the decision to sponsor the Black Stars emanated from us and no such third party."
Asked if West Head approached the GNPC to sponsor the senior national team, Mr. Ahwoi told GNA Sports "Who are they? I have not even heard the name before. We met as an outfit and decided to support the Black Stars as part of our corporate social responsibility. We did not deal with any third party. If they continue to parade any third party, they risk getting nothing from us (GNPC)."
The sponsorship deal, worth a reported 3 million dollars annually for three-years will see the state agency, responsible for the exploration, licensing and distribution of petroleum related activities, replacing mining firm Goldfields Ghana Limited (GGL), as the headline sponsors of the senior national team.
The GGL partnership with the GFA is expected to run out anytime soon but the mining firm has already expressed their unwillingness to continue with the 1.5 million dollars -a-year marriage with the Black Stars. GGL’s sponsorship with the Black Stars lasted a near seven years from an initial 1.2 million dollars in 2005.
In a bizarre twist like the infamous Mid-Sea palaver that headlined the sponsorship deal of telecommunications outfit, Glo Mobile Ghana with the GFA; GNA Sports can confirm that West Head Company are claiming responsibility as brokers of the deal.
Mr Ahwoi expressed surprise at the claim by the private firm, whose shareholders surprisingly serve on some Standing Committees of the GFA.
He told GNA Sports, "I have already told Kwesi Nyantakyi that they risk losing everything if they continue with this claim, which is untrue and he has totally agreed. I will not tolerate that. The next thing you will hear is that I supervised this for a kick-back when indeed our decision to sponsor the team emanated from us and no such third party called West Head."
The Directors of West Head, according to information gathered by GNA Sports are Aloysius Denkabe (Chairman, Referees Committee), Joseph Yaw Appiah (Member, Black Queens Management Committee) and Owuahene Acheampong (Member, FA Cup Committee and Black Satellites Management Committee).
Like Mid Sea, West Head will be entitled to 25-percent of the sponsorship package; 15-percent agency fee and other 10-percent for administrative fee, totaling in excess of 2 million dollars for the total duration of the contract.
With GNPC dismissing claims of the existence of a third-party regarding the deal, it is however not known the destination of the over 2 million dollars when the deal is finalized.
When contacted, Dr Denkabe confirmed to GNA Sports his shareholder role in West Head Company as well as Acheampong and Appiah.
With his other portfolio as Chief Executive Officer, Dr Denkabe, who is also a lecturer at the University of Ghana confirmed of being the initiator of the sponsorship deal after preliminary discussions with his friend who works at the GNPC.
Dr Denkabe, however, rejected claims of a ‘conflict of interest’ regarding his involvement and that of his two colleagues, insisting they are not members of the GFA Congress which constitutes the highest decision making organ of the football governing body.
He was the immediate past representative of the Constituent Bodies on the GFA Executive Committee, Owuahene from Ashantigold whilst Appiah has been a long-time representative of Tano Bofoakwa and one-time Chairman of the Ghana League Clubs Association (GHALCA).
Meanwhile, GNPC looks set to be named as the headline sponsors of the GFA in the ensuing days
- Ekow
- Professor
- Posts: 91547
- Joined: Mon Nov 01, 2004 11:50 pm
by sleep on Thu Apr 05, 2012 4:07 pm
For those in the know working quietly behind the scenes, this sponsorship deal is one of the best things that could happen to Ghana Football and Ghana in general especially in an election year.
Unfortunately some people will only concentrate on the negative aspects.
These are some of the positives:
GNPC-Ghanaian company with increasing financial muscle sponsoring our most treasure brand(The Black Stars).
Deal brokered by Ghanaians who deserve to be paid for their efforts which is pretty standard practice(The "white boys" do this all the time)
GNPC must have their coporate objectives-e.g-Links to Brazil(2014),Qatar-(2018),Russia-(2022) which are all Oil and Gas producing economies.
GNPC has enough financial clout to host local games in Accra or Kumasi with high profile opponents e.g Uruguay,Germany,Ivory Coast etc which will help diffuse national tensions especially in an election year.
Whoever thought of approaching GNPC deserves "Kudos"-Well Done for Ghana.
Let us watch this space while "Real Good Things" evolve from this deal.
Unfortunately some people will only concentrate on the negative aspects.
These are some of the positives:
GNPC-Ghanaian company with increasing financial muscle sponsoring our most treasure brand(The Black Stars).
Deal brokered by Ghanaians who deserve to be paid for their efforts which is pretty standard practice(The "white boys" do this all the time)
GNPC must have their coporate objectives-e.g-Links to Brazil(2014),Qatar-(2018),Russia-(2022) which are all Oil and Gas producing economies.
GNPC has enough financial clout to host local games in Accra or Kumasi with high profile opponents e.g Uruguay,Germany,Ivory Coast etc which will help diffuse national tensions especially in an election year.
Whoever thought of approaching GNPC deserves "Kudos"-Well Done for Ghana.
Let us watch this space while "Real Good Things" evolve from this deal.
- sleep
- Kindergarten
- Posts: 33
- Joined: Wed Jul 07, 2010 2:21 pm
by Ekow on Thu Apr 05, 2012 4:26 pm
sleep wrote:For those in the know working quietly behind the scenes, this sponsorship deal is one of the best things that could happen to Ghana Football and Ghana in general especially in an election year.
Unfortunately some people will only concentrate on the negative aspects.
These are some of the positives:
GNPC-Ghanaian company with increasing financial muscle sponsoring our most treasure brand(The Black Stars).
Deal brokered by Ghanaians who deserve to be paid for their efforts which is pretty standard practice(The "white boys" do this all the time)
GNPC must have their coporate objectives-e.g-Links to Brazil(2014),Qatar-(2018),Russia-(2022) which are all Oil and Gas producing economies.
GNPC has enough financial clout to host local games in Accra or Kumasi with high profile opponents e.g Uruguay,Germany,Ivory Coast etc which will help diffuse national tensions especially in an election year.
Whoever thought of approaching GNPC deserves "Kudos"-Well Done for Ghana.
Let us watch this space while "Real Good Things" evolve from this deal.
but is GNPC a private or government company?
- Ekow
- Professor
- Posts: 91547
- Joined: Mon Nov 01, 2004 11:50 pm
by sleep on Thu Apr 05, 2012 4:27 pm
When this deal progresses there is absolutely no conflict of interest in this matter.If these individuals who formed West Head(Denkabe,Awuahene and Appiah understand the needs of an organization like the GFA what stops them from doing something positive for GFA.NOTHING PREVENTS ANY OF US ON THIS FORUM FROM GETTING A CREDIBLE SPONSOR(LOCAL OR INTERNATIONAL) FOR THE BLACKSTARS.Instead we spend alot of time here raining insults on each other running others down for "Lack of Experience".
- sleep
- Kindergarten
- Posts: 33
- Joined: Wed Jul 07, 2010 2:21 pm
by Mido on Thu Apr 05, 2012 4:30 pm
Sleep
you must be sick in the head
How does this benefit Ghana football if half of the money goes into private pockets (West Head )
West Head (Nyantakyi's company) claims to have brokered a deal and want about 40% of the sponsorship money
you must be sick in the head
How does this benefit Ghana football if half of the money goes into private pockets (West Head )
West Head (Nyantakyi's company) claims to have brokered a deal and want about 40% of the sponsorship money
sleep wrote:For those in the know working quietly behind the scenes, this sponsorship deal is one of the best things that could happen to Ghana Football and Ghana in general especially in an election year.
Unfortunately some people will only concentrate on the negative aspects.
These are some of the positives:
GNPC-Ghanaian company with increasing financial muscle sponsoring our most treasure brand(The Black Stars).
Deal brokered by Ghanaians who deserve to be paid for their efforts which is pretty standard practice(The "white boys" do this all the time)
GNPC must have their coporate objectives-e.g-Links to Brazil(2014),Qatar-(2018),Russia-(2022) which are all Oil and Gas producing economies.
GNPC has enough financial clout to host local games in Accra or Kumasi with high profile opponents e.g Uruguay,Germany,Ivory Coast etc which will help diffuse national tensions especially in an election year.
Whoever thought of approaching GNPC deserves "Kudos"-Well Done for Ghana.
Let us watch this space while "Real Good Things" evolve from this deal.
- Mido
- Suicide Bomber
- Posts: 3843
- Joined: Sun Feb 29, 2004 2:53 pm
- Location: London
by Mido on Thu Apr 05, 2012 4:33 pm
sleep wrote:When this deal progresses there is absolutely no conflict of interest in this matter.If these individuals who formed West Head(Denkabe,Awuahene and Appiah understand the needs of an organization like the GFA what stops them from doing something positive for GFA.NOTHING PREVENTS ANY OF US ON THIS FORUM FROM GETTING A CREDIBLE SPONSOR(LOCAL OR INTERNATIONAL) FOR THE BLACKSTARS.Instead we spend alot of time here raining insults on each other running others down for "Lack of Experience".
The Board Chairman of the Ghana National Petroleum Corporation (GNPC), Ato Ahwoi, has dared the Ghana Football Association (GFA) to parade a private outfit, West Head as brokers of the Corporation’s sponsorship for the Black Stars at their own risk.
- Mido
- Suicide Bomber
- Posts: 3843
- Joined: Sun Feb 29, 2004 2:53 pm
- Location: London
by sleep on Thu Apr 05, 2012 4:36 pm
GNPC is a PARASTATAL very much like VRA but most importantly GNPC has to adopt coporate strategies which will make it profitable and improve it's brand.It has to behave like any other sensible corporate than wants to compete on the international stage.
- sleep
- Kindergarten
- Posts: 33
- Joined: Wed Jul 07, 2010 2:21 pm
by sleep on Thu Apr 05, 2012 4:43 pm
Mr Mido I am not interested in insults, but simple sponsorship principles imply that those who brokered the sponsorship deal are entitled to compensation for their services regardless of their names or the color of their skin.Stop looking at the pennies on the floor and try and look at the bigger picture and wait patiently for the benefits to unfold.
Where has Kwesi Nyantakyi been mentioned as a Director of WESTHEAD?
Where has Kwesi Nyantakyi been mentioned as a Director of WESTHEAD?
- sleep
- Kindergarten
- Posts: 33
- Joined: Wed Jul 07, 2010 2:21 pm
by el Padrino on Thu Apr 05, 2012 5:10 pm
sleep wrote:Mr Mido I am not interested in insults, but simple sponsorship principles imply that those who brokered the sponsorship deal are entitled to compensation for their services regardless of their names or the color of their skin.Stop looking at the pennies on the floor and try and look at the bigger picture and wait patiently for the benefits to unfold.
Where has Kwesi Nyantakyi been mentioned as a Director of WESTHEAD?
So what do you say to this?
Asked if West Head approached the GNPC to sponsor the senior national team, Mr. Ahwoi told GNA Sports "Who are they? I have not even heard the name before. We met as an outfit and decided to support the Black Stars as part of our corporate social responsibility. We did not deal with any third party. If they continue to parade any third party, they risk getting nothing from us (GNPC)."
- el Padrino
- Phd
- Posts: 37521
- Joined: Sun Jun 05, 2005 5:49 pm
by Nana Adjei on Thu Apr 05, 2012 5:23 pm
sleep wrote:Mr Mido I am not interested in insults, but simple sponsorship principles imply that those who brokered the sponsorship deal are entitled to compensation for their services regardless of their names or the color of their skin.Stop looking at the pennies on the floor and try and look at the bigger picture and wait patiently for the benefits to unfold.
Where has Kwesi Nyantakyi been mentioned as a Director of WESTHEAD?
The way you are going about this, I will not be surprised if you belong or related to WESTHEAD.
You call this attempt to defraud the nation through your contacts in GFA, sponsorship principles?
- Nana Adjei
- BSc
- Posts: 1807
- Joined: Sun Jul 16, 2006 12:32 pm
by modinsane on Thu Apr 05, 2012 5:48 pm
deciiva wrote:cool
What is cool about this? The sponsorship deal is a good one, and everybody agrees to it, but how does WESTHEAD come into this?
This is how the cronies in the GFA bankrupt the organisation and I'm happy Mr. Ahwoi came out vehemently to defend the sponsorship.
I'll will not be surprised, that very soon we would hear how some executives were not making money from coach Plavi and the real reason he was fired.
- modinsane
- BSc
- Posts: 2938
- Joined: Mon Sep 05, 2005 8:27 pm
- Location: usa
by deciiva on Thu Apr 05, 2012 6:03 pm
modinsane wrote:deciiva wrote:cool
What is cool about this? The sponsorship deal is a good one, and everybody agrees to it, but how does WESTHEAD come into this?
This is how the cronies in the GFA bankrupt the organisation and I'm happy Mr. Ahwoi came out vehemently to defend the sponsorship.
I'll will not be surprised, that very soon we would hear how some executives were not making money from coach Plavi and the real reason he was fired.
I take back that comment after reading they are a 3rd Party
-
deciiva - Moderator
- Posts: 67116
- Joined: Sat Jul 24, 2004 4:12 pm
- Location: Alberta + Midwest USA
by sleep on Thu Apr 05, 2012 6:04 pm
I know enough without being related or party to WESTHEAD to know that alot of negative spin is being woven around the individuals involved.I hope you don't beleive all the stuff you read in the media.I also know enough positive details of this sponsorship deal to be confident about the merits for both the Black Stars and GNPC. Unfortunately the focus is currently on sensational negative detail without knowing the full facts.
- sleep
- Kindergarten
- Posts: 33
- Joined: Wed Jul 07, 2010 2:21 pm
by deciiva on Thu Apr 05, 2012 6:09 pm
niidawg3 wrote:^^ sure is ...
GNPC is denying that West Head brokered the deal. And West Head is owned by several GFA Members ... who stand to make 2million dollars off the sponsorship deal
OH GHANA?!?!?!
azaa deal
-
deciiva - Moderator
- Posts: 67116
- Joined: Sat Jul 24, 2004 4:12 pm
- Location: Alberta + Midwest USA
Who is online
Users browsing this forum: Bing [Bot], Google [Bot], joekofi12 [Numo Tohba], loner, papalove, quesi04, Q' lypse and 33 guests