Kano Pillars get Lion share as Glo Premier League clubs share N75m Merit Award

The League Management Company has revealed that N75m will be shared among the 20 Glo Premier League Clubs, an amount which surpasses last season's N50m from the Financial Merit Award.

The merit award represents cash earnings shared to the 20 clubs in the Nigeria Professional Football League (NPFL) sponsored by Globacom Limited in accordance with their placing on the final league table ratified by the league body.

League Champions Kano Pillars will recieve N15m as opposed to N10m awarded to the champions last season, LMC Chairman Nduka Irabor revealed in a report on the league body's website.

''Last season, we had a pool of N50m from where clubs shared based on their final placement on the log but this season, the share-out is N75m representing 50% increase across all positions. It therefore means that any club that improved on its position last season will receive even higher than 50%'', stated Hon. Irabor

Runner-up Enyimba will smile to the bank with N11.25m while Warri Wolves who finished third gets N7.5m. And whereas the least placed club got N1m last season, the earning this season is N1.5m, the breakdown further showed.

The distribution order shows that the 4th placed team will receive N3.75m while N3.15m, N2.925M and N2.85m will go to the fifth, sixth and seventh placed teams. Others are N2.775m, N2.7m, N2.625m and N2.55m for the 8th, 9th, 10th and 11th placed clubs.

A further breakdown shows that N2.475m, N2.4m, N2.25m and N2.1m will be received by the 12th, 13th, 14th and 15th placed clubs while from 16th to 19th will receive N1.95m, N1.875m, N1.8m and N1.575m respectively.

All payments will be made immediately after the NFF Congress ratifies the season’s placement.