NPFL Clubs Get First Share of Euromatch Sponsorship Deal

NPFL Clubs Get First Share of Euromatch Sponsorship Deal

NPFL clubs have begun receiving their financial allocation from the first payment made under the league’s title sponsorship agreement with Euromatch.

The development was confirmed by the NPFL Chief Operating Officer, Dr. Ayo Hammed Abdulrahman, during an interview with SportsPro News in Ilorin on Thursday.

Abdulrahman also provided clarification on the value of the agreement, revealing that the three-year deal is worth $7.5 million, with an annual value of $2.5 million, rather than the previously reported $1 million.

He explained that clubs are paid their agreed percentage whenever funds from the sponsorship are received by the league.

“The tranches that have been received, the percentage due to the clubs has been paid,” Abdulrahman stated.

The clarification comes amid reports surrounding the financial details of the Euromatch partnership and the distribution of sponsorship proceeds among NPFL clubs.