UK Consortium to invest $1.5M in NFF


A consortium of investors from the United Kingdom intends to invest 1.5 billion dollars in the Nigeria Professional football league.

Sports Minister, Solomon Dalung, who made this known, said the UK-based sports promo and marketing firm under the auspice of Arabella 21st century made the proposal during a visit to his office in Abuja.

The Minister said the consortium had done the same thing in china and japan.

He said the league board would operate with the NFF and the ministry would be involved.

Dalung added that they wanted to set up a football development company that will be quoted on the stock exchange, with the same applying to all the football clubs in Nigeria.”

Chairman of the firm, Femmy Carrena said his team of investors was ready to invest in the country’s league for the next 20 years with core restructuring but on few conditions.

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