German sportswear manufacturing giants, PUMA, has terminated its four-year deal with the Athletics Federation of Nigeria (AFN).
The $2.76m deal was signed on July 24, 2019.
PUMA confirmed this in a letter dated Wednesday, August 4, 2021, and signed by the company’s director Manuel Edlheimb.
“We are referring to the licensing and sponsoring agreement signed between our company and your federation.
“As a direct consequence of the recent developments, particularly at the Tokyo Olympic Games 2020 and pursuant to clauses 9.2 and 7.3 of the Agreement, we hereby terminate the Agreement with immediate effect,” it read in part.
However, it led to a major crisis within the AFN that led to the emergence of two factions.
Ibrahim Gusau and Sunday Adeleye were accused of sidelining other board members.
Part of the contract stipulated that PUMA will supply kits to all age categories at no cost.
