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Home»News»Betsafe sponsorship in limbo as the sponsor insists on cutting the deal by 50%
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Betsafe sponsorship in limbo as the sponsor insists on cutting the deal by 50%

By Sports EditorJuly 2, 2021No Comments2 Mins Read
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Kenya most celebrated club Gor Mahia and shirt sponsor Betsafe are in a tussle over the new deal that requests for reducing the previous agreement by 50%.

This is after the shirt sponsor made a request through a letter to the club’s office to make the package reduced by a half.

Gor Mahia signed a Sh 55 million per year shirt sponsorship with Betsafe on June 19th, 2020. A deal that would last for three years.

But the current unfolding event hasn’t been welcomed by Kenyas all-time champions owing to the fact that the club’s wage bill runs up to 4 million per month and the low offer isn’t sustainable by the new deal as was confirmed by the club EC member.

ā€œYes it is true Betsafe wrote to us requesting if we can take a 50 percent cut for a year then we return to the Sh 55 million deal the following year,ā€ an official of Gor Mahia said.

ā€œHowever, we are yet to sit down as an executive to discuss this. We have not yet responded to their request,ā€ the official added.

K’Ogalo is currently facing a financial crunch with the chairman Ambrose Rachier earlier in the week making a passionate appeal to club members and well-wishers to donate through a newly launched paybill number.

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