A firm, GTI Asset Management & Trust Limited is set to unveil a football fund project to serve as a catalyst for the transformation of sports business development in Nigeria.
The event which is slated for Tuesday, March 22, will have in attendance sports administrators, prospective investors, and key stakeholders in the sports world, thus Nigerian and by extension, African sports is set to be the biggest winners.
The novel idea is a bold step towards harnessing the huge untapped potential in sports from the developmental and marketing points of view.
According to the board and management of GTI, the financial institution aspires to help deliver a project that will serve as a one-stop-shop for all stakeholders whose common aspiration is to see sports in Nigeria attain new heights of development leading to a united people and stronger economy.
Speaking on the project, the Group Managing Director/CEO, Abubakar Lawal said: “because funding has always been a challenge to the growth of sports in Nigeria, we intend to harness the various resources through innovative financial schemes and help build a very vibrant football economy in the sports ecosystem.”
He continued: “To achieve this, we have created a unique model focusing on the sports business because football is a multibillion-dollar business in other climes and we intend to replicate the same in Nigeria.
“The fund would be an enabler that will facilitate wealth creation for our citizens and collective prosperity for our nation.”