Do NFF Plan To Resurrect LMC To Confront FGN?
The burial rites of the League Management Company (LMC) may already have been acted out with the inauguration of the Interim Managament Committee (IMC) to oversee the NPFL, but there are strong indications that the NFF led by Ibrahim Gusau may well be considering reviving the LMC even after the Federal Government shut it down.
Gusau has received documents in respect of the LMC licensing agreement with the NFF from the Chairman of the defunct league organisers, Shehu Dikko.
The football federation have also gone ahead to set up a committee to look at the Licensing agreement between the LMC and the NFF.
Close watchers said such a committee is unnecessary because the agreement ought to have called off even before the Federal Government brought the big hammer down because the LMC has severally defaulted on the agreement.
The licensing agreement is for 99 years and the LMC was expected to remit 5% of its revenue to the NFF and another 5% for youth football development in the country annually.
The LMC failed to meet up these obligations and on that ground, the agreement ought to have been voided long before the FGN did so.
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