Hearts of Oak Net US$317,000 Sponsorship Deal With Investment Firm
Ghanaian side Hearts of Oak have signed a one-year sponsorship deal with local investment firm Strategic African Securities.
The deal is worth 600,000 Ghana cedis (US$ 317,000) took effect from 1 October, 2012 comes as a massive just days before the start of the league.
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.