GTI To unveil football fund for sports development in Nigeria
Innovative Financial Services, GTI is set to unveil a football fund project to serve as a catalyst for the transformation of sports business development in Nigeria. The Board and Management of GTI Asset Management and Trust Limited said the idea is a bold step towards harnessing the untapped potential in sports from the developmental and marketing points of view. Group Managing Director/CEO, Abubakar Lawal said beyond its universal appeal which transcends all known and apparent geographical and ethnic boundaries, sports business is not only lucrative but also offers multiple streams of income to thousands of business concerns across different sectors of any economy.
To achieve this, we have created a unique model focusing on sports business because football is a multibillion-dollar business in other climes and we intend to replicate the same in Nigeria.” He further enthused, “The fund would be an enabler that will facilitate wealth creation for our citizens and collective prosperity for our nation” The event, which will have in attendance sports administrators, prospective investors and key stakeholders in the sports world, will be launched on March 22, 2022.
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