GN bank has officially been announced as Headline of the Division One League.

The League which will now be referred to as "GN Bank Division One League", is set to begin over the weekend across the country.

Speaking at an event held to launch the League in Accra, GFA President Kwesi Nyantakyi expressed gratitude to the bank on behalf the Division One League Board and the clubs

He further stated that the sponsorship deal help develop the second-tier league.

"This sponsorship comes as a relieve to the GFA and the Division One clubs. It will also go a long way to develop the Division One League", Mr. Nyantakyi said.

Mr. Issah Adams, General Manager of GN Bank also explained the Banks motivation for coming on sponsors of the Division One League.

"We recognize football as the passion of the nation and as the people's bank, we see the Division One League as the people's league because it is made up of 48 clubs from every part of the country".

"We also believe that the Division One League offers a breeding ground for unearthing talents for our various national teams".

"GN Bank considers our decision to sponsor the Division One League as part of our corporate social responsibility", he explained.

The Sponsorship package which is worth about GHC 2.1 million for three years will be paid in three tranches.

An amount of GHC 600,000 will be paid in the first year whiles GHC 690, 000 and GHC 793, 500 in the subsequent years.

GN Bank has also offered to sponsor an awards night at the end of the season.

First Digital TV has also agreed to show a match per week as well as recorded matches within the week.

The 2014 /2015 Division One season will begin on Saturday and Sunday 21/22 February in all three zones.

In the new structure of the Division One League, clubs will engage eachother in a 16-club league in each of the three zones with winners of the zones qualifying into the Premier League.