By Victor Nwachukwu on July 16, 2021
Mr Amanze Uchegbulam, Chairman, Imo Football Association (FA), has recommended the sale of the state-owned Heartland Football Club to a private individual, to address the club’s funding problems.
He made the recommendation in a chat with newsmen in Owerri on Thursday, against the backdrop of unpaid salaries and allowances owed the club’s players.
Uchegbulam expressed his conviction that an independent management for the club would yield greater revenues to subsequently address arrears owed in emoluments.
There are financially well-to-do Imo people who love the club and would not hesitate to invest in it if given the opportunity.
The FA Chairman added that government may choose to retain part ownership of the club through a partnership.
He decried the “incessant complaints” of the players, coaches and officials over non-payment of salaries, bonuses and match allowances by government.
“I am tired of complaints of unpaid remuneration and we cannot continue to run the club like this. If the load is too much for government, I will advise that the club be sold to Imo people, who will buy it as shareholders while the state government retains part ownership,” he said.
He further stated that the funds raised as shares can be used for the effective running of the club by the shareholders, through a Board and management team.
Uchegbulam regretted that the club had lost six points in its last few matches in the ongoing Nigeria Professional Football League, and were only five points away from relegation, owing to poor player morale, caused by non-payment of salaries.
He, however, allayed the fear of the club going into relegation because, according to him, it would most certainly cost more money to come out of relegation. (NAN)
•PHOTO: Imo FA Chairman Amanze Uchegbulam
Source Daily sports
Posted July 16, 2021
You may also like...
Israel Adesanya Becomes First MMA Fighter To Land...
Nigeria’s D’Tigers Win Again, Beat Argentina 94-71
I can't explain terrible 3SC display - Fabiyi...
Bale Dropped from Madrid Squad to Fuel Exit...
Maguire’s Legal Team Lodges Appeal Against Guilty Verdict...
Saints vs Forest: Aribo battles Awoniyi, Dennis

Usyk backs Joshua to defeat Fury
FIBA seeds D’Tigress in pot 2 for World Cup draw
Global interest peaks ahead of Okpekpe 10km race
AFN open to Ofili’s return after failed Turkey switch
Junior Aruna wins WTT Youth Contender France silver
Sporting Lagos secure NPFL return
Lookman powers Atletico into UCL semi-final
Nigerian heritage duo Obi, Williams drafted into WNBA
Ogundiran wins USTFCCCA Athlete of The Week award
Maktown Flyers unveil five signings for 2026 BAL
Golf: Team GTI wins maiden Industrial Cup in Lagos
Lookman targets UCL semi-final spot in Barca clash
Rangers International going, going . . . (63,711 views)
Amaju Pinnick: A cat with nine lives (55,036 views)
Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (52,959 views)
Current issues in Nigerian sports: Matters arising (52,557 views)
Sports Development: Zenith Bank on the zenith (52,484 views)
Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,389 views)
Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,242 views)
NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,786 views)
Olopade, BET9A wave of revolution in NNL (50,976 views)
Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,482 views)
Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,894 views)
John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,361 views)