News

FA CUP: GTI seals partnership deal with NFF

Nigeria’s foremost investment banking firm, GTI Asset Management and Trust Limited, have signed a strategic partnership deal with the Nigeria Football Federation (NFF) to further enhance the efficient management of the FA Cup.

The deal is expected to boost the commercial value of Nigeria’s oldest domestic club competition and ensure that it attracts the sponsorship of Corporate Nigeria and the Multinationals. This is essential in order to develop the product which has immensely contributed in unifying the football-loving Nigerians.

A peep into history reveals that the FA Cup was created in 1945 and currently, is the main football single-elimination tournament in Nigeria, contested by over 2,000 teams across the 774 local governments of the Federation and FCT.

With the emergence of GTI into Nigeria’s football ecosystem in 2022 as strategic partners to the Nigeria Premier Football League (NPFL), the financial institution’s commitment towards a total restructuring of the elite league endeared the new partnership with the NFF.

In his remarks, the President of the NFF, Ibrahim Musa Gusau, commended the GTI Group for what they have achieved with the NPFL and expects the partnership to impact positively on the development of the FA Cup.

Similarly, the NFF General Secretary, Dr. Mohammed Sanusi, stated “the NFF is delighted about this partnership as we are keen to have the glory days of the Federation Cup back. This agreement has the potential to robustly improve the country’s Football Economy.”

Reacting to the new deal with NFF, GTI’s GMD, Abubakar Lawal, affirmed that their expertise and experience will come handy to further improve the management of the FA Cup. He also assured stakeholders that beginning from the 2023/2024 edition the structure and prize money will be enhanced.

“We expect that between now and the first three years of this deal, the FA Cup would have been transformed to a very competitive tournament full of excitement and glamour. Therefore, we call on the investing public to find it worthy to invest in our football via The Nigeria Football Fund (TNFF),” he said.

TNFF has remained a veritable tool in driving football development to a desirable height in the country and it is registered by the Securities and Exchange Commission (SEC).

Abdul Noah Ocholi

Recent Posts

Lagos SWAN Denounces Aaron Akerejola’s Acting Chairman Claim

  The Executive Council of the Sports Writers Association Of Nigeria (SWAN) Lagos State Chapter,…

4 days ago

BAL Sahara Conference Heats Up As Al Ahly And FUS Rabat Secure Big Wins In Rabat

The Basketball Africa League Sahara Conference delivered more excitement on Sunday as two key results…

5 days ago

Victor Osimhen Taunts Fenerbahçe Fans After Derby Win As Galatasaray Tighten Title Grip

Victor Osimhen once again proved why he thrives on the biggest stages, starring for Galatasaray…

5 days ago

Bernardo Silva To Man Utd? Why Shock Move ‘Will Never Happen’ Says Nicky Butt

The idea of Bernardo Silva swapping Manchester City for Manchester United has sparked headlines, but…

5 days ago

Showtime Flag Football Delivers Week 5 Blowouts As Warriors Stay On Top, Knights Chase Hard And Week 6 Sets Up Title Defining Clashes

  The Showtime Bowl Series XIV continued to light up the Nigerian sports scene in…

6 days ago

Bernardo Silva To Man Utd? Why Shock Move ‘Will Never Happen’ Says Nicky Butt

The idea of Bernardo Silva swapping Manchester City for Manchester United has sparked headlines, but…

7 days ago