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Tokyo Olympics: Puma Terminates Kits Deal With AFN

Tokyo Olympics: Puma Terminates Kits Deal With AFN

 

Puma, a German sportswear manufacturing company, has announced the termination of their kits contract with the Athletics Federation of Nigeria.

The company, announced the termination of the 4-year deal in a letter dated August 4, which was signed by PUMA’s Director Manuel Edlheimb.

The subject of the letter reads; Official Notification Of Terminating Sponsoring And Licencing Agreement

“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.

“PUMA especially declares to be discharged from any or all obligations towards all stakeholders involved and reserves all rights against these entities and individuals”.

The Copy of the letter is attached below;

 

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