Giant sports betting firm Sportpesa has dismissed rumors that it is planning to suspend sponsorship for local clubs once they resume operations.
Sportpesa who were recently cleared to resume normal operations by KRA are expected to resume business once they get back their licence from the Betting Control and Licensing Board (BCLB).
While speaking to The Star Sportpesa said that their commitment to the development of sports is unquestionable pointing out that they look forward to restarting full sponsorship of all its previous agreements.
While pointing out that their immediate plan right now is to get clearance from BCLB, the head of communications and Sportpesa Jean Kariuki said that the sponsorships would then follow as earlier agreed.
“We will review the business position pursuant to this and determine the areas of sponsorships that we will be able to support. We remain committed to sports development in the country and we will aim to restart sponsorship of all our previous agreements, to the best of our ability,” she said.
The remarks by Jean Kariuki comes after insider reports published by the Business Daily indicated that Sportpesa was planning to cut down on local club sponsorships following the row with Kenya Revenue Authority (KRA).
Sportpesa which was among the 27 betting firms whose licenses were revoked on grounds of tax evasion is believed to be spending Sh96 million on direct sponsorship of KPL and a further Sh65 million on sponsoring Gor Mahia. AFC Leopards also benefit with the firm sponsorship of Sh55 million.