Exclusive: Bendel Insurance FC On The Brink Of Bankruptcy?
Published: October 05, 2012
Two - time Nigeria champions Bendel Insurance are on the brink of bankruptcy, a top player who starred for the Benin based outfit last term has told allnigeriasoccer.com. Thus, the club's participation in the 2012 - 2013 season is shrouded in mystery.
''The management can not make it official yet, but I can tell you that the club is dead. We (the players, ed) don't care if they are no longer in existence because we played on empty stomachs throughout last season.
''Insurance owe me eight months wages totaling =N=240,000. Some players, depending on their length of stay with the club, are owed =N=400,00, others =N=640,000,'' the source informed allnigeriasoccer.com.
Bendel Insurance were relegated from Nigeria's top division at the end of the 2007 - 2008 season. And since then, the 'Pride of the Mid-West' have struggled with financial problems due to neglect by the Edo State Government.
''The management can not make it official yet, but I can tell you that the club is dead. We (the players, ed) don't care if they are no longer in existence because we played on empty stomachs throughout last season.
''Insurance owe me eight months wages totaling =N=240,000. Some players, depending on their length of stay with the club, are owed =N=400,00, others =N=640,000,'' the source informed allnigeriasoccer.com.
Bendel Insurance were relegated from Nigeria's top division at the end of the 2007 - 2008 season. And since then, the 'Pride of the Mid-West' have struggled with financial problems due to neglect by the Edo State Government.
Latest News
- Full list of 21 players in camp as Super Eagles begin CHAN preparations in Ikenne
- Confirmed: Eze signs new deal with Blackburn as another Nigerian defender joins from Wolves
- Done deal: Motherwell loan in Celtic youth product Sule from West Brom
- Official: Midfielder who is open to representing Nigeria signs new deal with Bournemouth
- 'This is what we need' – Oparanozie hails ex-England U20 forward after first goal in Nigeria colours
- Official: Nottingham Forest confirm Super Eagles defender has signed a new contract
- 'It's promising people money' – Plumptre breaks silence on impersonation after Super Falcons win
- 'Very good player' – Borussia Dortmund chief eyes new deal for Chelsea's Chukwuemeka
- Club Brugge in talks with Southampton over transfer of forward on Eric Chelle's radar
- 'Cyriel was here' – Rangers boss explains Dessers' omission from squad against Club Brugge


News Categories
- African Players
- Australia/ Asia
- Belgian Championship
- Bundesliga
- Danish Football
- English Premier League
- Nigeria National Teams
- Casinos not on Gamstop
- Nigeria Premier League
- Norwegian Football
- Football Betting
- Polish Football
- VT88
- VT88
- Russian Championship
- Serie A
- Spanish Liga
- Swedish Championship
- Transfer
- Turkish Championship
- 1Win
- Ukrainian Football
- Uncategorized
- Women's Football
- SHBET
- keo nha cai
- F168
- F168
- okvip
- hi88
- hi88
- hi88
- hi88
- hi88