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LMC pays clubs 2013/14 season dues

08 December 2014, 20:26

Lagos - The League Management Company confirmed, on Monday, that all 20 clubs which competed in the Glo Nigerian Premier League have received their Financial Merit Awards, along with the television coverage incentive for the 2013/14 season.

The funding (N75m), which is a 50 per cent increase on that which was available last season, was distributed to the clubs last week.

Also read: LMC frustrated as NPL players continue to lament

"Payment to the clubs was approved by the LMC Management during the last week and we have made the remittance to the clubs' bank accounts based on their standing on the league table with Kano Pillars earning the highest amount of N15m while the lowest earning of N1.5m was by Nembe City," read a statement released by the league's governing body.

"The television broadcast incentive seeks to support clubs increase match attendance through fan activation programs that will create the right football spectacle on live broadcast match days.

"It was also meant to discourage the hostile reception to broadcast partners by the home teams," continued the statement.

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- News24


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