Football club owners in Nigeria have urged security agencies to strictly enforce the anti-corruption laws on the sports industry by embarking on diligent prosecution of corrupt practices to rescue the sports sector from imminent collapse.
The chairman, Club Owners Association of Nigeria, Barrister Sunday Danladi, while speaking at the 2nd edition of the annual Arewa Sports Personality Award, ASPA, 2019 said corruption has dwindled the fortune of sports business in Nigeria.
According to him, the sports industry is suffering from scarcity of investment and prospective investors due to the alleged siphoning of sports resources at various levels.
Barrister Danladi contended against the suggestion for new legislations to curtail criminal stealing of sports monies, saying there is no need for new laws, as there are adequate laws to protect sports patent and properties, fiscal properties inclusive. He said what is missing is the lack of political will to prosecute those allegedly involved in the misappropriation of sports monies.
He said no serious investor would invest in a sector that is seen to be arrogantly and grievously indulged in the mesmerizing of fiscal policies.
Danlami posited that the media headlines revealing how huge sums of monies were allegedly misappropriated have connived with other factors to scare away investors from the industry.
He cited the example of the ongoing 2019/2020 Nigeria Professional Football League, which is being run without a sponsor “as one of the damages.”