OSFA explains Rising Stars proposal
The Ondo State Football Agency (OSFA) has given reasons for proposing to sell the Nigeria National League (NNL) slot of Rising Stars.
Chairman of the football agency, Segun Adagunodo told supersport.com on Sunday that it was acting on the instruction of the Ondo State government, which owns and finances Rising Stars as well as Nigeria Premier League (NPL) club, Sunshine Stars and women's club, Sunshine Angels.
Adagunodo explained that the Ondo government has given the football agency the mandate to start generating fund to sustain itself rather than depend on monthly subvention.
"We were given the mandate by the governor to start generating money and be self-sufficient to be able to pay our bills. So it only means we have to cut our expenditure. So we proposed to the governor that we sell the slot of Rising Stars in the National League but that hasn't gone down well with some people especially from Ondo Town where we stationed the club.
"Already Sunshine Stars is now a big brand not just in Nigeria but Africa and we need to leverage on it as it will be foolhardy to ground it now. Remember Rising Stars was an academy before. So if the football agency must be self-sufficient in its finances we need to cut cost by shedding the number of teams we have in the league.
"If some players (of Rising Stars) feel this is unacceptable then they have options to leave because the proposal for Rising Stars before me is that it is an academy and players are to earn N25,000 each monthly.
"My plan was to use Rising Stars to generate fund for the academy. For instance, selling their slot in the Premier League and the National League so that we can be self-sufficient financially since the proposal for it has always been an academy.
"Last season, we spent millions of naira running Sunshine Stars, Rising Stars and the women's team, Sunshine Angels. Salaries, signing-on fees and travel arrangements among others are involved and the governor says the football agency must start generating its own fund. And to do so we need to cut spending to meet up," said Adagunodo.
The football agency boss disclosed that the proposal to sell the slot of Rising Stars has been forwarded to the Ondo State government.
"The state government will take a final decision on the matter as we have only made a proposal on how to move forward," he said.