Nigerian Football Clubs Share N240M TV Broadcast Funds Recovered By EFCC
Top clubs in the defunct Nigeria Premier League (NPL) has received their share of 240 million naira recovered by the Economic Financial Crimes Commission (EFCC), from a television broadcast agent.
The money was paid into the Club Owners Association account, AfricanFootball reports.
The clubs are also set to benefit from another 100 million naira from the TV broadcast agent as well as a former sponsor of the league that will be recovered by the anti-graft agency.
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According to the report, some principal executives during the NPL era were also paid off from this recovered money.
Allegations of fraud overshadowed television rights sales during the NPL, with majority of the clubs receiving up to 10% less of the broadcast cash over a period of six years.
