NPFL Clubs to Receive 60% of $7.5M Sponsorship Deal

The Nigeria Premier Football League (NPFL) has secured a new title sponsorship deal worth $7.5 million from EUROMATCH, with clubs set to receive 60% of the funds, which will enhance players' wages and welfare. The three-year agreement, valued at $2.5 million per season, was unveiled in Abuja on Wednesday.

NPFL Chairman Gbenga Elegbeleye stated that the decision to allocate a larger share of the sponsorship proceeds directly to clubs aims to ensure that the league's commercial growth benefits players. He emphasized that players should be the main attractions in football, rather than administrators.

Former Minister of Sports, Sunday Dare, praised the sponsorship as a sign that Nigeria's approach to treating sports as a business is attracting investment. He commended the NPFL for its commitment to reforms over the past three years, which have improved club finances and player welfare.