Lagos - All clubs that will participate in the Nationwide
League One (NLO) must henceforth register with the Corporate Affairs Commission
(CAC) before the commencement of the new season, the Executive Secretary,
Olushola Ogunnowo has said.
In a letter to all the clubs made available to newsmen, he
said the registration is a perquisites for clubs to benefit from the various
packages lined up by sponsors.
Reiterating the importance of the registration, the
Executive Secretary said it is also in line with best football practices across
The letter reads, “I present the compliments of the
Nationwide League One to you and members of your club.
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“As part of our efforts to make sure the NLO complies with
football best practices and for club owners to enjoy the full benefits of being
in football business, it is very important and compulsory that all clubs in
divisions One, Two and Three register with Corporate Affairs Commission (CAC)
before the commencement of 2016 football season.
“The registration with CAC will enable all the clubs to be
involved in the sponsorship packages that the League will enter into before the
commencement of 2016 season, among which are: To enable clubs open corporate
accounts with the bank that has agreed to sponsor the league.
“To enable clubs have access to vehicle leasing which will
be available to all clubs so that they can have club bus and cars for their
league matches and businesses.
“To enable clubs have access to funds that will enable them
build their own mini stadium and clubhouse, and many more opportunities that
will be in place for our clubs in the Nationwide League.
“Clubs that have not officially registered with CAC are to
kindly contact the NLO for assistance.”For
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