The Federal Government of Nigeria has declared as illegal, the body which has been administering the Nigeria Professional League for almost a decade.
The ministry said the drastic action became necessary, especially after a competent court of jurisdiction has since declared the League Management Company an illegal body.fraudulently floated the LMC to avoid and evade pre-existing debts and other obligations owed by the organisation it succeeded; the Nigeria Premier League Limited, which is originally mandated by law to run a professional football league in Nigeria.
This decision has become necessary because of the obvious aberration whereby a private company is gifted the mandate to manage or run the league indefinitely, without the full involvement of and leadership by the clubs, and devoid of any process to monitor the progress and development of the game.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SABCNews - 🏆 37. / 51 Read more »