LMC gives clubs N200m condition for restart of the new season

By Daily Sports on September 12, 2020

The League Management Company (LMC) has released a list of conditions for clubs in the Nigeria Professional Football League ahead of the 2020/21 season.

On the list, the LMC set a minimum N200m for every club in the country’s topflight league, as well as a comprehensive insurance for its players and officials before the commencement of the league in October.

All the clubs must also adhere to all COVID-19 safety protocols before they are licensed, the LMC added.

On Monday, the league body invited the 20 NPFL clubs to submit their licensing applications.

The invitation is sequel to an earlier notification to clubs in a letter dated August 6, 2020.

The LMC’s list for club licensing documents and forms for the 2020/21 season directed clubs to show proof of N200m, a major condition that must be met before they would be allowed into the league.

The list stated that the clubs should provide “financial guarantee, commitment and confirmation of availability of a minimum of N200m from the owner of the club for the payment of salaries and other club operations expenses.”

The clubs were also mandated to produce a “comprehensive insurance for players, officials, facilities insurance and spectators insurance, and the evidence of compliance with NCDC COVID-19 guidelines for employers and businesses in Nigeria.”

Source Daily Sports

Posted September 12, 2020


 

You may also like...
Bayern Munich To Host Barca Behind Closed Doors...

Enyimba management faces probe over $1m CAF money...

Late Shaqiri double sees Liverpool beat Man Utd...

Neymar Must Win with Brazil to Reach Pele’s...

Heavyweight Clash: Chelsea, Manchester City Battle In EPL...

We will isolate Osimhen, boasts I’Coast coach

 

Latest News NPFL: Kwara United slams post-match violence after Rivers United clash Widow, late Nigerian boxer’s family clash over estate Falcons recall Okobi-Okeoghene, Monday for Cameroon friendlies Lagos SWAN Chairman, Amb. Olatutu Oladunni, and EXCO Members Extend Ramadan and Lenten Greetings to Muslim and Christian Faithful Across Lagos Lookman battles Onyedika in UCL knockout play-off Osimhen’s Galatasaray thrash Juve 5-2 in UCL first leg playoff Para-badminton star Bolaji emerges World No. 1 after Bahrain tourney Falcons to face Cameroon in pre-WAFCON friendlies Ondo athletes eye Niger Delta Games top spot Onyekwere-Lyons eyes double Commonwealth Games glory Priestly Ordination: Igbawase Irotier Family Now Has A Priest W’Cup: Nigeria’s wait continues as FIFA delays DR Congo verdict

 

Most Read Rangers International going, going . . . (63,567 views) Amaju Pinnick: A cat with nine lives (54,873 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (52,786 views) Current issues in Nigerian sports: Matters arising (52,421 views) Sports Development: Zenith Bank on the zenith (52,337 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,256 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,124 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,671 views) Olopade, BET9A wave of revolution in NNL (50,842 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,371 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,761 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,232 views)

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media