Tokyo Olympics: PUMA to sue Nigeria after terminating $2.67m contract

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The technical director of the factional Athletics Federation of Nigeria (AFN) board, Sunday Adeleye, has said German sportswear company, PUMA, will sue

PUMA cited the failure of Nigerian athletes’ to wear their brand at the ongoing Tokyo Olympics.

Adeleye, speaking on Arise TV on Thursday, said Puma have been “sending documents from their legal department” adding that the company “will go to court.” “The contract is a non-disclosure one. It is between PUMA and AFN with FMYSD’s permission. We warned that this may lead to litigation and wrote to all parties involved, including finance and justice ministries,” he said.

“We are sure that PUMA will go to court on this matter. Their officials have called that they are sending documents from their legal department. We wrote the minister on the implications for Nigeria. This won’t make other companies deal with Nigeria.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

PUMA where do you expect them to get over $2.6miliion (over1billion naira) from I assure you that you won't see a dim cos they don't have money to give you.

PUMA Did you not get the memo, they don't any money to give you. The country is broke so don't waste your time suing cause you won't get paid.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tokyo Olympics: PUMA terminates $2.67m contract with NigeriaGerman sportswear manufacturing giants, PUMA, has terminated its four-year deal with the Athletics Federation of Nigeria (AFN). PUMA confirmed this in a Hmm 2023 should come already abeg ☹️☹️☹️ Let's change this government first, hopefully, things will begin to turn around for the better... This is a welcome development.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

[BREAKING] $2.7m kits: PUMA to sue Nigeria for breach of contract - Punch NewspapersThe most widely read newspaper in Nigeria This is the first,koo app is next 😹😹😹😹 Finish
Source: MobilePunch - 🏆 8. / 63 Read more »

Puma terminates N1 billion contract with AFNThe ongoing infighting within the AFN has led to the termination of a lucrative contract. So unfortunate smh! Sporting associations has always been the bane of Nigerian sports. How do we get it right?
Source: PremiumTimesng - 🏆 3. / 78 Read more »

BREAKING: PUMA terminates $2.67m contract with athletics federation after FG's rejection - Punch NewspapersThe most widely read newspaper in Nigeria Nigeria Leaders will disgrace you yesterday, today, tomorrow and Forever. We only do cow in Nigeria... Taking us back to the 40's we I'm ashamed
Source: MobilePunch - 🏆 8. / 63 Read more »

Puma terminates $2.76m AFN kits deal - Punch NewspapersThe most widely read newspaper in Nigeria Nigeria deserves it. But not the Athletes! 😭 What a country 😁 What corruption can not destroy in Nigeria doesn't exist. Can sports administration ever get worst in this country?
Source: MobilePunch - 🏆 8. / 63 Read more »

Breach Of Contract As PUMA Terminates 4-Year Deal With AFNGerman sports wear manufacturing giants PUMA has terminated its four year deal with the Athletics Federation of Nigeria (AFN) worth $2.76m over breach of
Source: LeadershipNGA - 🏆 4. / 77 Read more »