cover

Tokyo Olympics: We Had No Contract Agreement With PUMA ― AFN

Tokyo Olympics: We Had No Contract Agreement With PUMA ― AFN

The Athletics Federation of Nigeria (AFN), has said that it is not in possession of any contractual documents signed between it and German sportswear company, PUMA, Newspremises reports.

Recall that the kit manufacturers terminated the four-year sponsorship contract worth $1.67m with the federation on Wednesday.

PUMA cited the failure of Nigerian athletes’ to wear their brand at the ongoing Tokyo Olympics.

Also, the technical director of the factional Athletics Federation of Nigeria (AFN) board, Sunday Adeleye, on Thursday, said that PUMA will sue for breach of contract.

However, reacting to the development, AFN, in a statement signed by Prince Adeniyi Adisa Beyioku, its Secretary-General, said it could not be liable for what it knows nothing about.

The statement read,

”The attention of the AFN has been drawn to a media statement signed by Shehu Ibrahim Gusau confirming the termination of the agreement he and Mr Sunday Adeleye signed with sportswear and equipment company, PUMA purportedly on behalf of the AFN in July 2019.

”The AFN wishes to state unequivocally that it is not aware of any contract as there was no document in the Secretariat of the federation pertaining to any contractual agreement with PUMA.”

 

Oluwasegun Adesuyi

Recent Posts

GTBank Customer Complaints to Disappearing Deposits, Deduction Issues, and the Silent MD

GTBank Customer Complaints to Disappearing Deposits, Deduction Issues, and the Silent MD Customers of Guaranty…

2 days ago

LITF 2024: Care Global Consumer Ltd Positions Midea Appliances, Offers Free Gifts On All Purchases

LITF 2024: Care Global Consumer Ltd Positions Midea Appliances, Offers Free Gifts On All Purchases…

4 days ago

First Bank Recapitalization: How Boardroom Conflicts and Declining Customer Trust may Affect

First Bank Recapitalization: How Boardroom Conflicts and Declining Customer Trust may Affect First Bank of…

5 days ago

Access Holdings Reaffirms Commitment to Driving Inter-, Intra-African Trade

Access Holdings Reaffirms Commitment to Driving Inter-, Intra-African Trade • Banking subsidiary targets November for…

6 days ago

Wema Bank Releases Q3 2024 Unaudited Results… Reports Profit Before Tax of ₦60.62billion, a 174% YonY Growth

Wema Bank Releases Q3 2024 Unaudited Results… Reports Profit Before Tax of ₦60.62billion, a 174%…

6 days ago

Adron Homes Lead the Charge for Breast Cancer Awareness with Annual Screening Initiative

Adron Homes Lead the Charge for Breast Cancer Awareness with Annual Screening Initiative Adron Homes…

6 days ago