World Cup largesse’ll be accounted for — NFF
The Nigeria Football Federation (NFF)’s Director of Competitions, Dr. Mohammed Sanusi says the football house is ready to account for all monies to be generated from the country’s participation in the 2014 FIFA World Cup finals.
“We have been reading and listening to a lot of ‘expert views and analyses’ on the financial details of Nigeria’s participation in the FIFA World Cup finals and most of these conclusions carry bold marks of ignorance,” Sanusi said.
“The NFF has nothing to hide, all monies received from our participation in the 2014 FIFA World Cup will be duly accounted for.”
“For the avoidance of doubt, FIFA will pay each participating member association the sum of $1.5 million (about N240 million) as preparation money, and this is verifiable from all quarters, including FIFA headquarters.
“The amount guaranteed for each team’s participation in the championship is the sum of $8 million, and no team will get this exact sum because the money will be subject to with-holding tax, deductions on accommodation and all extras, and some other deductions.
“More importantly, this money will not be paid until after the World Cup finals, and when what is left is eventually paid, certain percentage of it goes to the players.”
On the success of the present board of the Nigeria Football Federation, Sanusi, a doctorate degree holder in sports administration and who is also the president of the Nigeria Association of Colleges of Education Games, said the record is there for all to see.
“Records don’t lie, in three-and-half years, the administration has won 10 trophies, qualified Nigeria for the FIFA World Cup finals with ease and fostered better relationships with other agencies and Nigerian Missions abroad, as well as breaking new grounds in human capacity development and empowerment programmes.
“Those challenging the present NFF should first challenge themselves to make impact in their own areas of endeavour.”