NPFL clubs share N208m Glo sponsorship money

Date: 2013-08-07

THE League Management Company (LMC) has released about N208 million to the 20 Nigeria Professional Football League (NPFL) clubs for the current league season.

The News Agency of Nigeria (NAN) reports that the amount represents what was due to the clubs as sponsorship earning for the season.

Mr Bamidele Aluko, the Chairman of Kwara United FC of Ilorin, told NAN that the LMC had released N10.4 million to each of the 20 premier league clubs in the country.

Aluko said the money was released to them before Monday's N25 million cheque presentation to the Nigeria Football Association (NFA) in Abuja by the LMC.

"There was an agreement that whatever the LMC makes from Globacom, they will give NFA five per cent.

"They have given the clubs their own N10.4 million each, so it is the turn of the NFA to take its  own on Monday, and we can't say no to it,'' Aluko said.

He said the LMC appeared to be living up to the clubs' expectation, but added that they (clubs) would not hesitate to act accordingly if they (LMC) go contrary to any of their agreement.

"By principle if the LMC agrees to work the way we want them to, we will have no other choice than to support them.

"From what we can see, they have the ability to get more money for the league and if what they do is what we have in mind it means there won't be problem.

"The Chairman of the LMC Nduka Irabor said that they are the messengers of club owners and that they are not working alone.

"He also said that they are working in line with the yearnings and aspirations of NPFL clubs.

"That is the agreement we have and in as much as they are doing that, there won't be problem among us but if they do things without our consent, then, there will be disagreement.

"I want the LMC to remain the messenger of the club just as the LMC chairman has said.

NAN recalls that communication giant Globacom had in March sealed the sponsorship rights of NPFL, after confirming a N550 million deal with the LMC for the 2012/2013 league season.

The deal was completed after Globacom paid N100 million to Total Promotions Limited as compensation for agreeing to an out-of-court settlement in the title sponsorship disagreement.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Najim Yaasin     Ibrahim Labaika     John Dara     PharmAccess Foundation     Olatunji Ayeni     Unilorin FM     Lola Ashiru     Senate President     Islamic Development Bank     Ogidi-Oloje     Press Release     Ayo Salami     Twitter     Omotosho     Kawu     Quarry Royal Valley     Kehinde Baale     Maigidasanma     Musa Ayinla Yeketi     Okin Biscuit     Aliyu Kora-Sabi     Roseline Oni Aremu     Bankole Omisore     Curfew     Salary     Ladi Hassan     Ishaq Salman     Demola Banu     Ile Arugbo     Ibrahim Mohammed     Ilorin Muslim Community     Omu-aran     Oyedepo     Sambo Murtala     Tunde Akanbi     Issa Oloruntogun     UNIFEMGA     Monthly Sanitation Exercise     TETFUND     AbdulHamid Adi     Tunji Folami     Age AbdulKareem     Abegunde Goke     Ayinde Oki     Abdulfatah Ahmed     Ilorin Talaka Parapo     Ilesha Gwanara Road     Vishvas KOZ Tractors     Yakubu Danladi     Kamaldeen Kehinde     Sobi FM     Ayo Adeyemi     Ilesha-Baruba-Gwanara     KWTV     Yakubu Mohammed Abdullahi     Abdullahi AbdulMajeed     Aisha Ahman Pategi     Shonga Farm Project     Abiodun Jacob Ajiboye     African Democratic Congress     Albert Ogunsola     Adedipe     Kale Belgore     BIR     NNPP     Patigi Regatta     Joseph Alex Offorjama     Hassan Saliu     Saheed Alakoso     Old Oyo     Riskat Opakunle     A.E. Afolabi     Nigeria Computer Society     MINILS     Raheem Adaramaja     Folajimi Aleshinloye     NSCIA    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Abubakar Abdulraheem     Joseph Offorjama     Democracy Day     Bankole Omishore     Jimoh Olusola Imam     Sebastine Obasi     Ibrahim Abdulqadir Abikan     Habeeb Saidu     Tanke Road     Alao Ayotunde     Bank Of Industry     Sobi Hill     Muhammed Taofeeq Abdulrazaq     Revenue Court     GAMA     Asiwaju Bola Tinubu     Aishatu Ahmed Gobir     Mustapha Akanbi     Kwara State Internal Revenue Service     Emir Of Yashikira     Kwara Politics     Jimoh Saadudeen Muhammed     Abdulrasheed Akogun     Ayoade Akinnibosun     Abdulhakeem Amao     Funmi Salau     Ojo Isekuse     Sa\'adatu Modibbo-Kawu     Senior Special Assistant On Student Affairs     Offa Grammer School     Tafida Of Kaiama     Salary     International Vocational Centre     Mukhtar Shagaya     Usman Yunusa     Saheed Akinwumi     Boko Haram     Moshood Kashimawo Abiola     Jebba     Idowu Laro     Bisi Oyeleke     Alanamu     Akume     Col. Adedipe     Anilelerin     Plat Technologies     Oke-Kura     NIPOGA     Salami Adekunle     Najim Yaasin     Ilorin South     KWTV     Ilorin Emirate Stakeholders Forum     Usman Alkali Baba     Geri-Alimi Split Diamond Interchange     Obayomi Azeez     Muhammed Danjuma     Kuliyan Geri     KWATMA     Idiagbon     Kwara State Television     Eghe Igbinehi     Abdulrazaq Sanni     Omu-aran     Ahmed Shuaib Buranga     Abdullateef Abdussalam     Rasheed Jimoh     Modibbo Kawu     Otunba Taiwo Joseph     Maryam Nurudeen     Nupe     IHS Towers     Saka Keji     Aliyu Kora-Sabi     Abdulrazaq Adebayo     Aliyu Salihu     Abdulbaqi Jimoh