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Hearts sign sponsorship deal with investment firm

Hearts Group Prayer

Fri, 5 Oct 2012 Source: MTNfootball

Hearts of Oak have signed a one-year sponsorship deal with local investment firm Strategic African Securities.

The deal is worth 600,000 Ghana cedis (US$ 317,000) took effect from 1 October, 2012.


Strategic African Securities are major shareholders of the club and its founder and CEO Togbe Afede XIV is Heart's board chairman.

Hearts have struggled to find a new sponsor after parting ways with telecommunications giants MTN.


The capital club have not won the Ghana Premier League the last three seasons.

Source: MTNfootball