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SportPesa sponsors Hull City in record deal
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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masukuma wrote:a fool and his money are soon parted. i think it's foolish to bet but it's also foolish to sponsor hull city with proceedings from betting in africa. sponsoring africans redistributes it back to the economy you are raiding in the 1st place. hata ikiibiwa... bado iko hapa kenya. someone will buy a house... buy a car... promote some local business. ikienda Hull city watasema asante sana and forget about you. Even with Aid, the donor insists that you use a company from their country and if you don't pick say an american for a USAID RFP for some amounts you need to justify why you are not. Vuta pande yako. i think the move is naive but who am I to advice people on how best to burn their cash. Tukusanye nyingi tupatie Safaricom waende watafute ka-club spain wawapatie. A Kenyan company goes international and this is all you can say? If they can make millions from "poor" kenyans to enable them sponsor a premier league team, you can imagine the money they will make now that they have gone global and targeting an international market. And all this money will end up here in kenya, in their pockets, and invested in Kenya, as they dish some scraps to Hull city for marketing. This was a very smart move. I know even the govt is excited due to the expected forex inflows. I am very sure you would be singing a different song if the "african" who pulled this move was a mzungu from South Africa. You would be praising "his vision of riding on the global popularity of the premier league to boost his business".
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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masukuma wrote:a fool and his money are soon parted. i think it's foolish to bet but it's also foolish to sponsor hull city with proceedings from betting in africa. sponsoring africans redistributes it back to the economy you are raiding in the 1st place. hata ikiibiwa... bado iko hapa kenya. someone will buy a house... buy a car... promote some local business. ikienda Hull city watasema asante sana and forget about you. Even with Aid, the donor insists that you use a company from their country and if you don't pick say an american for a USAID RFP for some amounts you need to justify why you are not. Vuta pande yako. i think the move is naive but who am I to advice people on how best to burn their cash. Tukusanye nyingi tupatie Safaricom waende watafute ka-club spain wawapatie. This is FDI the African way. We can't set up factories in their countries but we can invest in services using tech. Let wazungu bet through mpesa. Next I hope Sportspesa goes to China and India. Life is short. Live passionately.
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Rank: Veteran Joined: 4/1/2009 Posts: 1,885
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masukuma wrote:a fool and his money are soon parted. i think it's foolish to bet but it's also foolish to sponsor hull city with proceedings from betting in africa. sponsoring africans redistributes it back to the economy you are raiding in the 1st place. hata ikiibiwa... bado iko hapa kenya. someone will buy a house... buy a car... promote some local business. ikienda Hull city watasema asante sana and forget about you. Even with Aid, the donor insists that you use a company from their country and if you don't pick say an american for a USAID RFP for some amounts you need to justify why you are not. Vuta pande yako. i think the move is naive but who am I to advice people on how best to burn their cash. Tukusanye nyingi tupatie Safaricom waende watafute ka-club spain wawapatie. spot on. and to get the betting license in kenya, if i remember right, a given percentage of the revenue must go to the community or something like that - that is why you see betting firms in kenya 'advertising'/'investing' so much on things like sports - those 'sponsoring' of the kenyan league, gor mahia etc are not 'voluntary'. i wonder what the law says of these foreign deal. and wonder too how they get money out of the country (there is that story about the ownership). kra and their accountants must be busy.
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Rank: Elder Joined: 12/7/2012 Posts: 11,938
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Very true, tell them kabisa  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Not much of a football fan, but I don't know any Hull fan in Kenya, I don't know how sponsoring works, I think it's supposed to market the sponsor, so who is sportpesa marketing to in UK? The deal is for 3 seasons, Kenyans being Kenyan what if they abandon betting like they did with quails? will sportpesa have o payup? Anyway hio besha ni mingi kupelekea wazungu, AND WHO OWNS SPORTPESA? To Each His Own
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Why aren't people seeing the big picture? I think we have begged so much from mzungu that we can't comprehend any other kind of relationship existing between him and us. http://www.nation.co.ke/...9810-ki35kcz/index.html
Quote:SportPesa Chief Executive Officer Ronald Karauri said: “This is a big milestone for SportPesa as it marks the scaling of a Kenyan brand into the global market.
"The SportPesa platform will now be available in the United Kingdom and later in the year present in several African countries. One year from now we will have [a] presence in at least four continents.
The partnership with Hull City comes after what is seen as a vicious expansionist strategy by the bookmakers, which has seen them enter into other deals with the Kenya Rugby Union (Sh607 million), Kenyan Premier League (Sh450 million), Gor Mahia (Sh325 million) and AFC Leopards (Sh225 million), among others.
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Rank: Elder Joined: 3/2/2009 Posts: 26,334 Location: Masada
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kayhara wrote:Not much of a football fan, but I don't know any Hull fan in Kenya, I don't know how sponsoring works, I think it's supposed to market the sponsor, so who is sportpesa marketing to in UK? The deal is for 3 seasons, Kenyans being Kenyan what if they abandon betting like they did with quails? will sportpesa have o payup? Anyway hio besha ni mingi kupelekea wazungu, AND WHO OWNS SPORTPESA? This betting craze will be the mother of all quails. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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kayhara wrote:Not much of a football fan, but I don't know any Hull fan in Kenya, I don't know how sponsoring works, I think it's supposed to market the sponsor, so who is sportpesa marketing to in UK? The deal is for 3 seasons, Kenyans being Kenyan what if they abandon betting like they did with quails? will sportpesa have o payup? Anyway hio besha ni mingi kupelekea wazungu, AND WHO OWNS SPORTPESA? Sportspesa must be owned by some mzungu, that would explain the move to sponsor some Hull City. In the 2000's Dick Evans and his Flower farm Homegrown quietly sponsored an English Rugby Side (name escapes me) for years, paying minimum wages to workers. "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Obi 1 Kanobi wrote:kayhara wrote:Not much of a football fan, but I don't know any Hull fan in Kenya, I don't know how sponsoring works, I think it's supposed to market the sponsor, so who is sportpesa marketing to in UK? The deal is for 3 seasons, Kenyans being Kenyan what if they abandon betting like they did with quails? will sportpesa have o payup? Anyway hio besha ni mingi kupelekea wazungu, AND WHO OWNS SPORTPESA? Sportspesa must be owned by some mzungu, that would explain the move to sponsor some Hull City. In the 2000's Dick Evans and his Flower farm Homegrown quietly sponsored an English Rugby Side (name escapes me) for years, paying minimum wages to workers. Sportpesa has some Hungarian connection. possunt quia posse videntur
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SportPesa sponsors Hull City in record deal
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