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Tanzania Young Africans gets 4.5/-bn sponsorship from Kenya's Sportspesa

Dar es Salaam. Young African is about to sign a five year contract from SportPesa a Kenyan company.

Tanzania Young Africans gets 4.5/-bn sponsorship from Kenya's Sportspesa

Dar es Salaam. Young African is about to sign a five year contract from SportPesa a Kenyan company.

21 April 2017 Friday 12:33
Tanzania Young Africans gets 4.5/-bn  sponsorship from Kenya's Sportspesa

SportPesa a Kenyan company is expected to sign a five years contract with  Tanzania's Yanga worth 4.5/- billion, it has been confirmed in Dar es Salaam 

Yanga leadership met the representatives of the company and are reportedly nodded yes to an agreement of five years each with an additional of six percent of the funds. Six percent of 900/- million is 54 million.

Yanga according to this agreement  will be offered additional 54/- million every year , thus in four years  about 216/- million will be collected according to the  agreement. With the addition of six percent Yanga will therefore  collect a  total of 4.716/- billion for  five years.

"SportPesa representatives will meet  Yanga leadership inorder to complete the contract becaused the club is in a  big need of funds to run the club t," said a member of the executive committee of Yanga.

Yanga Secretary General, Charles Mkwasa confirmed the club  is in the final stages of signing the contract with SportsPesa.

"I would like to talk something already been completed or the entry point and SportsPesa agreement yet, but we will meet them in the final negotiations that will provide the answer as they values ​​us or not.

"We are talking to SportsPesa who have come directly to us different from other companies because  they values ​​us, and our  conversation with them will be made open to all Yanga stakeholders ," he said .

If Yanga  finishes  with SportsPesa of Kenya it is going to be a  well paid club in  Eastern Africa. Sportspesa is well known in the world as as see in many adverts of  Supersports.

Azania Post

Updated: 21.04.2017 13:22
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