Sportpesa CEO Robert Karuri has finally broke his silence on the status of the betting company’s sponsorship deals with a number of Sports entities in the Country.
Reports have been rife across various social media circles that Sportpesa will not renew it’s sponsorhip with a number of clubs it supported before the government through KRA cracked the whip. This is despite the fact that the Club is almost resuming operations after a breakthrough in negotiations with the Kenya Revenue Authority last week.
Well, Karuri has now come out to refute such claims with the Sportpesa boss confirming that the company will not abandon the teams it supported before their licence was withdrawn by the Betting Licensing and Control Board.
“Once we are back we shall renegotiate and resume all our sponsorships. I have come to learn that there are some media outlets that have their own agenda and keep reporting falsehoods,” Posted Karuri on His Official Twitter Account.
Sportpesa’s Head of Communication Jean Kariuki also stated that the Company’s only headache at the moment is to be cleared by the Betting Control and Licensing Board.
“We will review the business position pursuant to this and determine the areas of sponsorships that we will be able to support. We remain committed to sports development in the country and we will aim to restart sponsorship of all our previous agreements, to the best of our ability,” she said.
In April 2018, Sportpesa signed a three year deal worth 682.4 Million with different football entities in Kenya. The betting firm signed deals with the Kenya Premier League, KPL Clubs Gor Mahia and AFC Leopards and the Football Kenya Federation (FKF)
For three years, Gor Mahia was to get Sh198,607,000, AFC Sh156,406,403 and KPL Sh259,712,000.
Football Kenya Federation entered a three-year partnership with the company, the goal being to improve the standards of local football. FKF was to get Sh69.4 million for three years.
The recent declaration by the company will certainly come as good news to Football lovers in the Country who have had to see the Kenya Premier League kick off without a title sponsor.
Gor Mahia and AFC Leopards fans will also welcome the news with the two clubs already coming up with alternative ways to raise cash. Gor Mahia are set to have a fundraiser ahead of their CAF Champions League clash against Algerian Side USM Alger while AFC Leopards have launched an app that will see it’s fans contribute funds to help run the Club.