Players Salary: LMC issues clean bill to Three Clubs · · Only the three can buy players in transfer window for now · · ... to receive second installment of their Basic cash Award · …Transfer window extended by two weeks. The League Management Company said today that only three Clubs-Kano Pillars, Abia Warriors and Bayelsa United have established that they have met their obligation to players at the end of the first stanza of the season. The other Clubs have not responded to a July 18 deadline to establish proof of compliance. A statement from the Chief Operating Officer of the League Management Company (LMC), Salihu Abubakar said the three clubs have as a result been the only Glo Premier League Clubs that can buy players or secure players on loan in the on-going mid-season transfer window. The LMC had pursuant to Sections 8.1.1 and 9.46 of the 2013/14 Rules and Frameworks which deals with Clubs’ Finance and Players Remuneration respectively, through a letter dated July 10 directed all Clubs to provide evidence of compliance to payment of players’ wages. The letter requested the Clubs to furnish the LMC with such evidence that may include electronic or hard copy of club’s payroll, evidence of payment including bank transfers or signed vouchers and any other proof the club may make available. “As at Monday, July 22 and after the expiration of the Friday July 18 deadline, we have verified that only Kano Pillars, Abia Warriors and Bayelsa United have provided evidence of compliance as requested. The three clubs have the clearance to buy new players in the mid-season transfer window and would also be paid immediately their second installment of the basic award”, the statement read.
Posted on: Tue, 22 Jul 2014 19:08:55 +0000