GTI Asset Management & Trust Limited, an investment banking firm in Nigeria is set to unveil a football fund project to serve as a catalyst for the transformation of sports business development in Nigeria.
The idea is a step towards harnessing the huge untapped potential in sports from the developmental and marketing points of view
The Group Managing Director/CEO, Mr. Abubakar Lawal said: “Because funding has always been a challenge to the growth of sports in Nigeria, we intend to harness the various resources through innovative financial schemes and help build a very vibrant football economy in the sports ecosystem. To achieve this, we have created a unique model focusing on the 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”
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. GTI’s aspiration is to help deliver a project that will serve as a one-stop-shop for all stakeholders whose common aspiration is to see sports in Nigeria attain new heights of development leading to a united people and stronger economy.
The launch event is slated for Tuesday, 22nd March, 2022. The event will have in attendance sports administrators, prospective investors and key stakeholders in the sports world.