Medeama SC, the reigning champions of Ghana, have successfully secured a substantial sponsorship agreement with Nguvu Mining, replacing Goldfields as their shirt sponsor for the upcoming 2023-24 season.
The official signing of this partnership and the subsequent announcement are slated for Friday, October 6, 2023, during a press conference in Accra, the capital of Ghana.
While the precise financial details of the deal remain undisclosed by the club, sources indicate that it falls within the range of $300,000 to $400,000 annually.
This collaboration represents a significant financial milestone for the club, with Nguvu Mining's logo prominently featuring on Medeama's iconic Mauve and Yellow jerseys for the forthcoming season, providing vital financial support.
This development arrives at a critical juncture for Medeama, who recently achieved a historic qualification to the group stage of the CAF Champions League, a remarkable achievement in their maiden attempt.
The club had encountered financial difficulties following the withdrawal of sponsorship from Goldfields, citing financial constraints as the reason.
