Onetouch, the telecommunication company that has ferociously bragged about sponsoring Ghana's top flight league, was unable to come up with the US$2.5m they promised to support the competition which starts from Saturday.
Ghanasoccernet investigation has revealed that financial difficulties are preventing the company from making good their promise to the 16 clubs.
This is a massive blow to the 16 clubs who were hoping to use the expected US$150,000 each to offset part of their huge bills in running the clubs during the league.
It is also a huge setback to the image of Onetouch in the fiercely competitive communications industry in Ghana.
The revelation is also a body blow to Vodafone, the British company who acquired the company, after an acrimonious takeover of Ghana's first telecommunications company from the government.
The Professional League Board (PLB), the organisers of Ghana's top flight league, have confirmed that they have re-adjusted the name of the league to reflect the inability of Onetouch to pay the initial deposit.
"As of last night when we were leaving the office Onetouch had not paid the initial deposit they promised so we have taken them off as title sponsorships," PLB boss Welbeck Abra Appiah noted.