Latex Foam Rubber Products Limited has cancelled their deal with Ghana Premier League giants Asante Kotoko. Ghanasportsonline.com can confirm.
The company abrogated its contract with the Porcupine Warriors following the delayed start of the League.
Latex foam, one of Ghana’s leading foam and rubber manufacturing company entered into an agreement with the former Ghanaian Champions in 2014.
“This issue must be solved as soon as possible for the League to start. It has become a very big problem for most of us the Clubs,” management member of Kotoko Ali Maradona reacted to the latest decision by the FA Ethics Committee to demote Techiman City on Peace FM.
“The League has delayed and it see what is happening now, as I speak some of our sponsors have even redrew the sponsorship deals with the Club.
“Latex foam has cancelled their contract with us three months ago, so it is a big worry.
The latest decision by the foam manufacturing company has left Kotoko with only nine sponsorship deals with Mama Vits, MTN, Budget Cash and Carry, Everpure, Herbalife Afri-Cola , Living bread, Supabets and Fidelity bank.
Source: Ghanasportsonline.com
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