Auction Ghana’s Nat’l teams to big spenders – Ayariga tells Sports Ministry

Auction Ghana’s Nat’l teams to big spenders – Ayariga tells Sports Ministry

The Member of Parliament for Bawku Central, Mahama Ayariga has proposed that Ghana’s national teams be auctioned to the companies that have the wherewithal to spend on the development of the teams.

He tabled these concerns when the Minister-designate for Sports appeared before the Appointments Committee of Parliament on Thursday.

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According to the lawmaker, should this be considered by the Ministry, it will make entities spend on the teams and those expenses will be tax-deductible before the determination of taxable income.

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“This will be a tactical way of indirectly using state funding to support sports without the Ministry of Finance standing in the way. The companies in turn will benefit from the good brand if the team does well.”

The nominee to the Ministry of Youth and Sports welcomed such an idea saying it’s worth exploring with the GFA and the National Sports Authority.

Source: kasapafmonline

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