The Goldfields Ghana Foundation has recently unveiled an impressive $13 million investment plan for the development of the T and A Stadium, which is poised to become the new home ground for Medeama SC, a notable football club.
In a remarkable move, the mining company has taken on the responsibility of constructing this stadium, which is designed to comfortably host a crowd of up to 10,400 enthusiastic spectators.
This strategic initiative has been spurred by Medeama’s recent achievement in successfully qualifying for the group stage of the prestigious CAF Champions League, showcasing their growing prominence in the African football scene.
Notably, earlier this month, Medeama publicly acknowledged receiving communication from Goldfields Ghana regarding the finalisation of their sponsorship agreement.
While the company has not officially refuted this information, they have now offered an update on the ongoing progress of the stadium’s construction, further cementing their commitment to this promising partnership.
According to a statement from the company, “The Foundation has so far invested over US$13 million in the stadium, out of a budgeted US$16 million, and this has proven to be one of the high-cost ticket items it has funded besides the Tarkwa to Damang asphalted road.”
Additionally, Goldfields Ghana has allocated an amount of US$100,000 to support the Tarkwa-based club in its advertising efforts.
“The advertising package, which covers various areas including jersey and bus branding, is for a period of one year, 2023-2024,” the statement further specified.