Sports News Update: GFA and UMB Enter Three-Year Partnership to Support Black Stars World Cup Campaign

Universal Merchant Bank (UMB) has sealed a landmark three-year deal with the Ghana Football Association (GFA), making it the association’s official banking partner.

The official signing ceremony at UMB’s headquarters in Accra on Friday, May 29, marked a big milestone and an exciting new chapter for the brand, as the bank reinforced its commitment to supporting the growth of Ghana football.

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The partnership is expected to play a significant role in supporting Ghana football activities, including the Black Stars’ preparations and campaign toward the 2026 FIFA World Cup, while also contributing to the broader development of the sport across the country.

Speaking at the event, Head of Corporate Communication for UMB, Edem Knight Tay, described the agreement as a long-term partnership that goes beyond the FIFA World Cup.

“The duration for this partnership is three years, and it’s not just for the World Cup,” he said.

 

“It’s a partnership with the GFA, so all the activities of the GFA, UMB happens to be the official banking partner from now right through the next three years, and we are hoping that we will continue even after the third year.”

He further highlighted the similarities between football and banking, stressing that the partnership would also focus on capacity building and education within the football ecosystem.

“Football and banking have similarities. Apart from being banking partners, what is also in this partnership is that UMB is going to be assisting GFA when it comes to training footballers, coaches, referees and everything that brings football together, including wealth management,” he added.

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Representing the GFA, Vice President Mark Addo praised UMB for believing in the vision of Ghana football and called on more corporate institutions to support the growth of the game.

“This partnership represents belief in the GFA, and it also represents belief in the power of football to unite our nation,” he stated.

“From the Ghana Football Association, our vision is clear: to build a football ecosystem which is competitive, inclusive, sustainable and capable of producing success both on and off the field.”

“This vision requires investment, partnership and institutions that are willing to support not just elite football but the entire football development pathway,” he added.

As part of the ceremony, the GFA presented signed Black Stars jerseys and other souvenirs to UMB officials to commemorate the partnership.

 

The agreement is set to boost ties between corporate Ghana and football, while promoting development, professionalism, and financial backing within the country’s football system ahead of major international tournaments.

Last Updated on June 8, 2026 by Samuel Kwame Boadu

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