NFF, GLOBACOM PART WAYS!!!

After five years of a sometimes stormy partnership, the Nigeria Football Federation and Globacom have finally parted ways.

Globacom's N150 million sponsorship of the Nigerian national teams came to an end on Tuesday December 8, and with both parties failing to agree on the valuation of the properties, the relationship was finally severed.

According to Idris Adama, NFF's Head of Marketing, the Globacom valuation of the property fell far short of what the NFF value is.

"They had a right for first refusal in the contract, and we offered the property to them at N1 billion. They came back to us with N165 million, that is a 10 percent increase on the former contract," Adama told KickOffNigeria.com.

The NFF rejected the offer out of hand, and on Tuesday, they sent a letter of appreciation Globacom thanking the company for its meritorious service to Nigeria football within its short span of existence.

In a letter signed by Deputy General Secretary (General Services), Barrister Musa Amadu, the NFF stated: "We wish to formally inform you that our contractual relationship has today 8th December, 2009 legally terminated.

"We also acknowledge your immense support and contribution through various sponsorship drives on the overall development of football in Nigeria. Indeed, we feel honoured to have been your partner in this laudable venture of advancing the cause of the game of football in Nigeria.

"While acknowledging with thanks all your support in the last five years, we do sincerely wish you success in your future endeavours while assuring you that the Nigeria Football Federation will definitely build on the gains thus far acquired."

Globacom, Nigeria’s national carrier, had signed a five–year agreement with the then NFA back in December 2004 for exclusive sponsorship rights to all the national teams and the contract expires legally on Wednesday.

Globacom has done much to support Nigeria football at home and abroad, and is today the proud sponsor of the annual African Football Awards, which rewards the best footballers of African extraction in different areas of the game.

Globacom also sponsors the elite Premier League on the domestic scene.

http://www.kickoff.com/static/news/article.php?id=12727

good for them, with all the money theyv been pumping in for the past how many years, we cant see any development,

What is wrong with NFF, which corporate organisation in this country show interest in our football than GLO.

To depart in dis important moment makes no sence to me,why cant NFF consider d fact that glo(which is our network) has been trying their best to lift our league 2 d next or is it because they see the company as MMM"money making machine" or perhaps top telecom industries have promise 2 pay more what they initially bagain for.why cant NFF do something meaningful 4 Dis Adenuga mobile for christ seek[color=][/color][color=][/color]

Its quite obvious glo is gradualy loosin grip on naija people and events, just imagin their bìg das promo which i percieve as "demarketing strategy," that floped big time. D truth is dat dis loss of patnership with a such a strategic marketing medium like naija league tells you that the marketing team of glo are clueles, its a shame that they dont hav a first hand clue about d nigerian consumer prefrenc ironicaly as a nigerian firm. Glo u guys suck, glo with pride which goeth before ur fall

Naija mentality We can kill a N100 million deal because  of N200,000. So  having N 000,000 is better than having N165,000,000

What will they (NFF) do next?

Are thinking of being there life for the WORLD CUP 2010 in South Africa!

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I guess someone is making better offer. Perhaps Glo can do other things with their money. There is always things to do.

i guess nff's waiting 4 mtn to cum up wiv a beta offer. .[color=][/color][color=][/color]

perhaps they want glo to increase their offer

Na Wah , So who's the next sponsor

Funny thing is NPL have started singing NFF's tune to GLO [also the league sponsor]. isn't this the same NFF who GLO built a new secretariat for as a gift apart from giving them cars? The same NFF whose chairman-Obaseki-  had to cool down when NFF threatened to reveal his financial recklessness & even suspended during the time NPL was involved in muscle flexing with NFF. Though they are more gracious in sharing GLO's largesse with the clubs, it's still a case of monkey dey work, baboon dey chop in their relationship with the clubs.

wasting so much on a NFF.?
Words Fails me

De-branding Nigeria!

MTN can't do better. They better remain with the devil they already know.

Please do not loose sleep!
I am the next Sponsor, and please do not ask me how much am going to drop!

Mtn, the most stingy company in Nigeria

MTN might be a stingy company but it is a well run orgnisation.
they are not a one man organisation like GLO that go around dashing money at will.
I am waiting to see whic serious organisation will put his or her money on the table or these bunch of thieves in the NFF.
i billion my foot!!!
those crooks should try harder.
No one but Adenuga will indulge their aimless and clueless stealing.

Those guys in the glass house are bunch of confusionists. How many corporate organizations will be ready to spend 1million for them. They are all rogues, big time criminals. They are not after the good of our league but their pockets, I think EFCC should investigate all of them

WHO SPONSORED SUPER EAGLES IN 1994? , IF THERE CAN BE A GOOD TEAM THEN WTOUT GLO/MTN, AM SURE WE CAN HAVE A BETTER TEAM WTOUT ALL OF THEM, D PROBLEM OF EAGLES IS NOT ABOUT SPONSORSHIP BUT ABOUT THE MANAGEMENT WHO ARE JUST BUNCH OF ******

FBS:

What will they (NFF) do next?

Run to beg MTN or Etisalat

Do They Need Sponsors to Manage the Manage the Team Successfully?

There is no serious company that sponsor this NFF except they want re-invest the STOLEN money and estacode they have been getting for travelling to UK to talk to KANU.

yousouph:

There is no serious company that sponsor this NFF except they want re-invest the STOLEN money and estacode they have been getting for travelling to UK to talk to KANU.

LOL

I wonder why corrruption is everywhere in this our dear country.

slimes:

I wonder why corrruption is everywhere in this our dear country.

it is due to high poverty rate in this country

is this sponsorship different from the league sponsorship because glo's still the sponsor for the league at present.

yousouph:

There is no serious company that sponsor this NFF except they want re-invest the STOLEN money and estacode they have been getting for travelling to UK to talk to KANU.

Men, glo should spend half of that money they been spending on that rubbish NFL on music, it will yield better results or let them go and ressucitate basketball. Nff are feeling too big that's it and I hate all those millions they have been splashing on them without anything to show. I no dey use glo becasue of those mumu sponsorship of only football