Recruitment of players and development of club infrastructure is a key component of the ₦100m prize money won by Enyimba International as champions of the Nigeria Premier Football League (NPFL) 2022/23 season.
Chairman of the NPFL Interim Management Committee (IMC), Hon Gbenga Elegbeleye laid the charge to the club chairman, Felix Anyansi Agwu during a meeting with the NPFL Clubs Chairmen in Lagos on Monday.
Elegbeleye explained that the prize money, which would be credited to the club’s bank account within the week, has been tied to strengthening the club to compete favourably on the continent and meet infrastructural conditions set by Confederation of Africa Football (CAF) for hosting the CAF Champions League.
“Let me again congratulate Enyimba International for emerging the champions but it has to be stated that in line with the developmental trajectories of the IMC and our investment partners, GTI, there is a portion of the money tied to certain projects.
“Of the ₦100m, the club must spend a minimum of ₦25m on quality players recruitment to strengthen the squad and be able to represent the country well in the CAF Champions League next season.
“We have seen how deep the squads of clubs from the North African countries are, they recruit some of the best in their country and outside hence their strong showing on the continent. It is the reason we have ensured that a reasonable amount is provided as prize money,” the IMC Chairman explained.
Continuing, he noted that the league body is intent on getting clubs upgrade their facilities to, in the long run, meet requirements for hosting the CAF Champions League.
“Another ₦25m of the prize money must be spent by the club on upgrading of facilities in the stadium identified to fall short of acceptable standards while the remaining ₦50m is at the disposal of the Club to spend as it considers appropriate.