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Football Kenya Federation (FKF) has signed a five-year Sh270 million (€2.7m) television rights deal with Startimes for the national team Harambee Stars.
The deal which starts later this year will see Startimes take over all television rights for the team until 2019. The deal was initiated by MP Silva, the broadcast rights partners of the federation.
According to the new deal, Harambee Stars will receive Sh44,681,000 this year. The figure will jump to 47,138,000 in 2016 and go up to Sh54,600,000 in 2017. In 2018, the team will receive Sh59,605,000 and another Sh64,519,000 in the last year.
Speaking to FeverPitch, FKF chairman Sam Nyamweya said he is delighted with the deal which he says will bring to an end the perennial financial problems that have been facing the team. “The deal is only for the television rights for the team. There is still room for more sponsors and therefore more money for the team. The problems we have had in the past will be no more and now we can concentrate on taking part in up-coming international tournaments.”