Dolphins Players To Storm Government House On Tuesday; Insist On Being Paid Principal And Accrued Interest For Outstanding Sign - On Fees

The players of Dolphins of Port Harcourt will storm the government house on Tuesday, October 14 to protest non - payment of their accrued sign - on fees for the 2012 - 2013 campaign, a top source has told allnigeriasoccer.com.

The leadership of the Federation Cup finalist has reneged on its promise to settle the outstanding liabilities by the end of last month.

“We have decided among ourselves that we will protest at the government house on Tuesday when we return from the game against Taraba United.

“The management keep making promises. They promised to pay at the end of September but they did not pay. We are tired of their excuses. They said they will get back to us on Wednesday, nothing happened,” said the source to allnigeriasoccer.com.

He continued : “The players are afraid that the governor will leave next year and the money being owed will be gone forever.

“There is no motivation to play and win matches, everybody is murmuring. ”

Per global best practices, using the current bank interest rate, the players must be paid 22 percent on top of the principal sum being expected, as their entitlements have not been received for more than a year now.

In layman’s language, a player that is being owed =N= 5 million sign - on fee should expect a credit transaction alert of =N=6.1 million from his bankers, with the extra =N=1.1 million being the accrued interest.