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

Dwellers of Coastal and Waterways Communities Appeal for Peace and Security in Rivers

Dwellers of Coastal and Waterways Communities Appeal for Peace and Security in Rivers A group…

4 days ago

An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro’s Leadership Legacy

An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro's Leadership Legacy In the intricate mosaic…

4 days ago

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10…

5 days ago

Daniel Amokachi Excited to Participate in the 7th Edition of Adron Games

Daniel Amokachi Excited to Participate in the 7th Edition of Adron Games …Former Nigerian Football…

6 days ago

Adron Homes 2 Bedrooms Terrace Apartments: Elevate your Living Experience

Adron Homes 2 Bedrooms Terrace Apartments: Elevate your Living Experience Elevate your living experience to…

2 weeks ago

Exploring Economic Opportunities: Why You Should Buy Land in Sagamu With Adron Homes

Exploring Economic Opportunities: Why You Should Buy Land in Sagamu With Adron Homes Nestled in…

2 weeks ago