By Solomon Nwoke
FORMER Chairman of the League Management Company of Nigeria (LMC) Honourable Nduka Irabor and Chairman Kano Pillars, Alhaji Tukor Babangida have commended ground breaking event of the presentation of nine clubs to the Nigerian stock exchange in Lagos.
Both administrators said it was a right step in the right direction aimed at professionalising football in the country, adding that it would turn the fortunes of Nigeria Professional Football League(NPFL) around.
Nine NPFL clubs, namely MFM, Abia Warriors,El Kanemi Warriors of Maiduguri, Gombe United, Wikki Tourists of Bauchi, Enyimba International, Shooting Stars of Ibadan, Enugu Rangers and Kano Pillars were presented yesterday at a ceremony at Westwood Hotel Ikoyi.
The clubs which were nominated at the last Annual General Meeting (AGM) of the League Management Company (LMC) for the pilot scheme, were presented to the financial, banking and legal advisors that were shortlisted following a recent Expression of Interest (EOI) call made by the LMC.
In his remarks, Honourable Irabor said, “ What we have done in the last four years is to cure the football regulatory environment. The structure of football in the country would hardly sustain the needs of the game. The essence of the epoch making event is to open up the ownership of the clubs to other sponsors.
Football had been less a priority while other things have become of higher priority to government. What the event means is that football will now be run professionally, be able to manage themselves more effectively, make money for themselves and run as a company without depending on government”
Also Babangida said, “ I have no doubt that this will make our team Kano Pillars and other teams enlisted today perform effectively and give their best”.