According to reports, Pinnick Amaju, president of the Nigerian Football Federation, disclosed that the federation still owes its vendors almost N600m.
In an interview with Brila FM on Saturday, Pinnick made this clear.
Our correspondent discovered that the NFF owes money to hotels, travel agencies, numerous national teams, and employees.
Get Instantly Update By: Joining Our Whatapps and Telegram Channel
Pinnick also mentioned that the NFF is owed $6 million by one of its sponsors. His eight years in office come to an end on September 30 after the Annual General Assembly approved a 10-day extension.
His first term in office began in 2014.
“I always want to guarantee the payment, even when we owe our hotels and travel agents more than N600 million. So, it’s been really difficult, but Nigerians don’t understand,” Pinnick remarked in an interview with Brila FM on Saturday while outlining his regrets as the NFF President.
“As of right now, the financial difficulties are keeping our sponsors from making timely payments. Due to the nature of their relationship with us and the business they conduct, one of our sponsors owes us around $6 million. Most of our issues might have been resolved with that money.
“Some sponsors have even called us to request that we renegotiate the contract’s terms because they are unable to attend; we do understand.