THE Nigeria Football Federation is excited with the landmark N5 billion financial earning of Nigerian clubs from the transfer of players both from within the domestic fronts and the foreign leagues in the last 10 months.
The Manager, Transfer Matching System (TMS) of the football federation, Nasir Jubril, said at the ongoing Domestic Transfer Matching System (DTMS) workshop in Abuja, that the figure represents what the various clubs have received from the movement of their players in the period under review.
“In the last 10 months that is between January and October this year, a cash inflow of about N5 billion has accrued into coffers of the clubs in Nigeria from transfer of players. For instance, if a player is bought for say £2 or £3 million, when you convert that with the current exchange rate you can imagine what we are talking about. It is an attestation that Nigerian football is making serious progress,” he noted.
While explaining the importance of the workshop, Jubril said that it is aimed at fully educating the managers of the 20 Nigerian Premier League (NPL) clubs as well as the 32 others competing in the lower Nigerian National League (NNL).