Credit: GTI |
In one of the famous quotes of Greek mathematician and inventor, Archimedes, regarding the Law of the Lever, he said, "Give me but one firm spot on which to stand and I will move the earth."
According to history, every
generation of humanity has always struggled to invent or re-invent something
beneficial to society thereby leaving a legacy behind for posterity to remember
them. Be it in business, technology, sports and education to mention but a few,
the story remains the same. It was this same vision to accomplish something for
Nigerians that also got GTI Asset Management and Trust Limited (GTI) to
commence a tedious journey to restructure and reposition our Nigeria Premier
Football League.
As noted earlier in this
serial, GTI needed to salvage an almost hopeless situation in the history of
Nigerian football thereby creating that spot in history according to Archimedes
in which the investment banking firm stood to move our beautiful game to the
next level.
To kick-start the process,
an epoch-making event was held on March 22, 2022, when GTI officially announced
its magnificent entry into Nigeria’s football ecosystem following its
successful launch of The Nigeria Football Fund (TNFF).
However, immediately after
the launch, the entire financial and sports management experts of GTI Group
never looked back in ensuring that the huge dream they have for our elite
football comes to fruition. From their findings, it was clear to GTI that there
were fundamental issues lacking in Nigeria’s elite league prior to their
engagement as strategic partners to the NPFL. Notable among them were the
issues of sustainable liquidity and reliable transparent structure that can
stand the test of time. Other discoveries were poor playing infrastructure;
lack of visibility of the League matches and low officiating integrity.
TNFF was aimed at building a
“Football Economy” for the transformation of the sports sector. Aside from the
aforementioned, the Fund promotes an investment culture among sports
enthusiasts and investing public with an opportunity for them to earn returns
from their investment. The multiplier impact will drive a cycle of growth
(value-chain effects) across several other sectors like Tourism, Broadcasting,
Technology, Gaming, Media, Hospitality, Transportation and Merchandising to
mention but a few. The end result of
these surely will lead to increased economic activities, increase in employment
opportunities, rise in disposable income and significant contribution to GDP.
With less than two years of
the existence of TNFF, a common question, “Wouldn't you rather invest in TNFF”
has kept reverberating in the minds of interested investors.
Today, the NPFL is currently
enjoying relative peace because of the way and manner financial issues are
transparently handled in the administration of the league.
On the issue of visibility
of the elite league, GTI as burden bearer secured the services of Propel Sports
Africa at the end of the 2022/2023 season to ensure our matches are viewed on
mobile devices locally and globally on the OTT platform. This singular action
attracted more sponsors to the NPFL as they saw the elite league as a veritable
product that has the capacity to add value to their products and services.
Then, a few weeks into the 2023/2024 season, telecommunication giants MTN and
StarTimes followed suit to enhance the broadcast of league matches.
In terms of officiating the
NPFL matches, one can comfortably say that there is a remarkable improvement in
this regard.
In summary, the management
of the NPFL has improved tremendously, thanks to the effort of GTI as strategic
partners. Therefore, the journey of taking the league to greater heights is
being pursued vigorously as football stakeholders and analysts in the country
anticipate that in the next few years, NPFL will become the best-organized
league in Africa and also rank among the most glamorous leagues in the world.
The effect of the
partnership and support of the Honourable Gbenga Elegbeleye-led NPFL Board has
shown a positive trajectory in the latest ranking of NPFL by the International
Federation of Football History & Statistics (IFFHS) for 2023. The position
of NPFL has improved from 77th to 73rd
in the world ranking and has also moved from 10th to 7th in the African ranking. It is expected
that the ranking will continue to improve yearly in view of the various efforts
made to transform the league.
The time is now for
corporate Nigeria to secure sponsorship deals with the NPFL and for the public
to invest in TNFF and earn alpha returns on their investment. This is an
opportunity to participate in the shared dream to transform our football
ecosystem for mutual benefits.
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