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Tony Elumelu Contemplating Acquisition Of NPFL Club
Tony Elumelu Contemplating Acquisition Of NPFL Club....KINDLY READ THE FULL STORY HERE▶
Chairman of United Bank for Africa, Tony Elumelu, has expressed interest in potentially owning a club in the Nigeria Premier Football League (NPFL). Despite being renowned for his philanthropic endeavors, Elumelu has not been associated with any professional football club in the country……..READ ALSO
In Nigeria, most NPFL clubs are owned by state governments and often struggle to compete with other clubs in Africa due to inadequate funding and poor management. Consequently, there have been calls for the private sector to engage with the league by acquiring clubs as part of their Corporate Social Responsibility (CSR) initiatives.
A recent suggestion on social media proposed involvement from prominent corporations, with Dangote potentially purchasing Kano Pillars, BUA acquiring Kwara United, Elumelu taking over Rivers United, and Geregu assuming ownership of 3SC. This proposal sparked discussion and garnered attention.
In response to the suggestion, Elumelu mentioned on social media platform X that discussions have already begun between himself and the Federal Government, particularly through the Sports Minister, Senator John Enoh. They are currently exploring the feasibility of such a venture, indicating potential progress towards private sector involvement in Nigerian football.
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