Kenya: Sponsorship Deprived Gor Mahia, AFC Leopards in Deep Financial Crisis

10 September 2019

Kenyan Premier League sides, Gor Mahia and AFC Leopards, are staring at an impending financial crisis, a month after sponsors SportPesa pulled the plug on millions of shillings worth of sponsorship deals with the two clubs.

Nairobi News understands the two clubs are yet to pay players salaries for the month of August.

Most of the new signings have also yet to be paid their signing-on fees.

Worse, basic amenities like water are now lacking during training sessions.

The team buses are also without sufficient fuel.

Separately, K'Ogalo management is grappling with an estimated Sh10 million bill needed to honour this weekend's Caf Champions League first-round away match to Algeria's USM Alger.

CRUCIAL FIXTURE

So much that the Kenyan champions have called for a fundraiser this Tuesday, an event that will be presided over by Nairobi Governor Mike Sonko.

"It's true we don't have money. We have exhausted what we had and if we cannot get funds before this weekend, it will mean our CAF campaigns will end at this stage," Rachier told Citizen digital.

SportPesa stopped remitting sponsorship monies to these clubs after closing shop in the wake of a tax row with government.

The betting firm is about to resume business but is yet to officially announce whether it will consider renewing these sponsorship deals.

See What Everyone is Watching

More From: Nairobi News

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.