Total Promotions Limited has written a strong worded letter to the chairman of League Management Company Limited over its failure to honour its own part of an agreement on the title rights sponsorship of the League.
In a letter signed by Funke Akerele on behalf of the company, and made available to The PUNCH on Thursday, Total Promotions stated that it had given the LMC until April 11 to honour the agreement they signed or they may seek redress.
The letter reads, "On March 22 2013 this company wrote to you demanding that you honour your public statements to the effect that you have received and released to us N100m cheque being payment for relinquishing Title Rights we duly won from an open bidding conducted by NFL bid committee.
"In the accompanying MoU signed by all the three parties, including your LMC, you committed to releasing the cheque on or before March12 and to sign Title Rights agreement seven days after Total Promotions shall have received the payment.
"Your company without regard to the MoU chose to immediately sign the agreement with Globacom as announced to the media while not releasing the money to us till date.
"In further expression of our good faith we shall extend the period for payment which was due on March 21 to April 11. We might be forced to seek redress at this expiration as the action of LMC and Glo might jeopardise the signed agreement."
