Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,186 members, 7,860,260 topics. Date: Friday, 14 June 2024 at 08:30 AM

Cash-strapped Nff Await Government Grant - Sports - Nairaland

Nairaland Forum / Entertainment / Sports / Cash-strapped Nff Await Government Grant (572 Views)

Court Sacks Amaju Pinnick As NFF President / Spurs Grant Emmanuel Adebayor Compassionate Leave After Contemplating Suicide / How Football Officials Steal Millions From Cash-strapped Nigeria Premier League (2) (3) (4)

(1) (Reply) (Go Down)

Cash-strapped Nff Await Government Grant by walata44(m): 7:22pm On Jun 05, 2010
Cash-strapped NFF await government grant


Cash flow problems have hit the Nigeria Football Federation as the N900 million approved by the Nigerian government for them to prosecute the World Cup is yet to be released.

As of Thursday, one day after they arrived in South Africa, the NFF had yet to pay for their accommodations at the Protea Hotel Waterfront lodgings in Durban.

In addition, they have been asked to expect an invoice of around $700 000 from Arik Air as cost of airlifting the Super Eagles from London to South Africa.

Officials are also hoping that the money comes in on time for them to settle bonus payments to the players and Technical Adviser Lars Lagerback, all of whom are on graduated payments for the World Cup.

Lagerback is due to get $150 000 if the Super Eagles reach the Round of 16. That amount will climb to $200 000 if they reach the quarterfinal, $300 000 for the semi-final or third place finish.

If the team reach the Final, the Swede gets $400 000 and winning the Cup nets him $500 000.

Apart from the graduated bonuses promised to the players, they are also due to share in 25% of the pot from FIFA to the NFF, and the NFF is keen to sort that out before the World Cup kicks off.

http://www.kickoff.com/news/15846/cash-strapped-nff-await-government-grant.php
Re: Cash-strapped Nff Await Government Grant by walata44(m): 7:24pm On Jun 05, 2010
I tire o! must this happen to us in every tournament? but if it is the fault of government that fail to release the money, shame on them all.
Re: Cash-strapped Nff Await Government Grant by Borat1: 8:35pm On Jun 05, 2010
They should be kicked out of the hotels
in fact they should live in tents
Re: Cash-strapped Nff Await Government Grant by honeric01(m): 12:30am On Jun 06, 2010
This news looks old to me.

(1) (Reply)

Haba, See These Guys / Who Is The World Best Striker? / Kanu Hopes On Prayers For Tomorrow's Match ?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 18
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.