New Premier League Board (PLB) chairman, Ashford Tettey-Oku, insists Capital Bank (formerly First Capital Plus Bank) remains title sponsors of the Premier League in spite of a unilateral suspension of the contract by the bank two months ago, casting doubts over whether the 2015/16 season will commence next month without sponsorship.
The PLB boss told the Graphic Sports yesterday that Capital Bank had a contractual agreement with the Ghana Football Association (GFA) and as far as he was aware the FA had not given any indication that the contract had been abrogated.
Reacting to concerns by Premier League clubs about the uncertainty over the league sponsorship, Mr Tettey-Oku said much as he identified with their apprehension, there was no cause for alarm.