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
- Galatasaray coach hopeful Osimhen can play through pain barrier against Eintracht Frankfurt
- 'Doesn't know names of all his teammates' - Fulham coach explains Chukwueze's omission v Leeds
- 'One training with Tolu' – Wolves coach assesses Arokodare after Premier League debut
- 'He touches him' – Crystal Palace manager insists Uche was denied a late penalty v Sunderland
- Younger brother of Arsenal midfielder Nwaneri nets hat-trick against Chelsea youth
- 'I don't have to beg him' – Atalanta coach suggests rift with Lookman remains unresolved
- Wolves' Arokodare and Crystal Palace's Uche make PL debuts, Fulham's Chukwueze not called up
- 'As a team, we were angry' – Nathan Tella opens up on Bayer Leverkusen's early season form
- Hull City leaking goals without Ajayi: Manager Jakirovic confirms expected return date
- 'I talked to him' – Crystal Palace boss Glasner lifts the lid on Uche's preferred position


News Categories
- African Players
- Australia/ Asia
- Belgian Championship
- Bundesliga
- Danish Football
- English Premier League
- Non Gamstop Casinos
- Non Gamstop Casino sites
- UK Casinos not on Gamstop
- Nigeria National Teams
- Casinos not on Gamstop
- Nigeria Premier League
- Vsbet
- F168
- F168
- MB88
- keo nha cai
- 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
- F168
- F168
- F168
- hi88