Globacom Premier League contenders, Rangers International Football Club of Enugu have been hit by acute financial crisis that can affect the club’s current league campaign unless urgent steps are taken to arrest the situation.
We gathered that the poor financial situation has started affecting the performance of the once dreaded Flying Antelopes who were held to a 3-3 draw by Gombe United last weekend.
Sources from within the club confirmed to Sports Vanguard that monies owed players and officials include the 2012/2013 sign-on fees totaling N247 and some arrears in form of match bonuses.
Apart from the huge debt that has weighed down morale and motivation in camp, the players and officials were yet to start enjoying the new enhanced salary structure approved by the state Governor.
“It was not difficult to understand how a team that was leading 2-1 at half time and 3-1 early in the second half could collapse so easily to Gombe United and ended 3-3 at the end of the match.
“It is unfortunate that the financial situation is beginning to tell on the performance of the team,” our source said, adding, “This has had a very negative effect on the players as some of them have started going out for personal loans.”
Sports Vanguard, however, gathered that efforts are being made to ensure the debts are settled as soon as possible.
“We gathered that the General Manager has been assured that government doing every thing to ensure outstanding debts to the players and officials are paid before their weekend match with El-Kanemi. Vanguard