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NPL: Clubs Need To Be Privitised - Sports - Nairaland

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NPL: Clubs Need To Be Privitised by aegibson(m): 10:00pm On Oct 13, 2009
NPL EXEC. SECRETARY CALLS FOR PRIVATIZATION OF CLUBS

The Executive Secretary of the NPL, Alhassan Yakmut has made a strong call for more private sector participation in the administration of premier league clubs.
He made this call while reacting to the recent concession by the Benue state Government, of sixty percent of Lobi Stars to private sector investors.

Describing the move as a welcome development, Yakmut urged other premier league clubs to break their over-dependence on government funding and trail the example of Lobi Stars.

He added that such over-dependence on government funds has a tendency of retarding the progress of clubs.

According to him, government response to the needs of clubs is mostly untimely, especially as it affects release of funds, a situation that has made it very difficult for clubs to fulfill their contractual agreements with players and coaches.

He concluded by stating that a transition programme of 2 years has been instituted by the league board, designed to ease out direct government involvement in the running of premier league clubs.
Re: NPL: Clubs Need To Be Privitised by novaman: 5:33pm On Oct 14, 2009
I did a piece on how the league club can be transformed into money spinner without government and it was appluaded by so many here on Nairaland; I can even work on more way to improve the clubs to make up to a minimum of N1Billion yearly and pay players over N200,000 weekly.

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