20.1 C
Nigeria
Sunday, October 17, 2021
- Advertisement -spot_img

PUMA TERMINATES FOUR-YEAR CONTRACT WITH NIGERIA OVER SHOW OF SHAME AT THE TOKYO OLYMPICS

PUMA, the German sportswear manufacturing company has terminated its four-year contract with the Athletics Federation of Nigeria due to the recent developments at the Tokyo Olympic Games 2020.

In a letter dated Wednesday, August 4, 2021 and signed by the company’s Director Manuel Edlheimb, the company said it was officially notifying the Athletics Federation of Nigeria of its termination of Sponsoring and Licensing Agreement.

“We are referring to the licensing and sponsoring agreement signed between our company and your federation.

“As a direct consequence of the recent developments, particularly at the Tokyo Olympic Games 2020 and pursuant to clauses 9.2 and 7.3 of the Agreement, we hereby terminate the Agreement with immediate effect.

“PUMA especially declares to be discharged from any or all obligations towards all stakeholders involved and reserves all rights against these entities and individuals.”

PUMA signed a four-year contract with Athletics Federation of Nigeria under the leadership of Ibrahim Gusau in 2019 and was due to expire in 2022.

Part of the contract is that PUMA will supply apparels to all age categories to Nigeria’s Athletics team for four years at no cost.

In addition, gold medalists at the Olympic Games will earn $15,000, silver medalists will get $5,000 while a bronze medal will fetch athletes wearing the PUMA apparel at the games $3,000.

Problem started when the Minister of Youth and sports Sunday Dare vowed that Nigerian Athletics athletes to the Games will not wear PUMA because of a leadership tussle between the Ibrahim Gusau led AFN board and the one being supported by the Minister.

Efforts were made to give the athletes the PUMA kits including shipping bags of kits with 40 items each to Tokyo through the Nigerian Embassy in Japan but Mr Dare wrote to the Ambassador stopping him from sending the kits to the athletes.

So, the athletes as a result of this don’t have enough kits to participate in the games, which brought shame to the country as athletes had to wash their kits before participating in the next games.

More Related Articles

Leave a Reply

Stay Connected

83,456FansLike
540,987FollowersFollow
540,987FollowersFollow
6,547FollowersFollow
39,560FollowersFollow
9,571SubscribersSubscribe
- Advertisement -spot_img

Latest Articles