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Tokyo Olympics: PUMA to Sue Nigeria after Terminating $2.67m Contract

 


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

The kit manufacturers terminated the four-year sponsorship contract worth $1.67m with the federation on Wednesday.

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.”

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