The League Management Company (LMC) has announced a registration deadline of February 20 for clubs to submit their licensing documents for the 2014/15 Glo Premier League season which will commence on March 7. The documents include proof of no debts carried over, financial guarantee and medical passport of players.
Salihu Abubakar, the LMC Chief Operating Officer (COO) announced this and said in a statement released on the organization's website that the clubs have been put on notice that mid-week fixtures will hold to accommodate the socio-political developments in the country.
''As part of the registration process for the new season, Clubs are to mandatorily provide a quarterly Financial Performance Guarantee of N50m which is a condition for licensing to participate in the league. Clubs that are in a position to provide a one-off Performance Guarantee of N200m is also encouraged to do so'', Abubakar stated. Clubs must provide the Financial Performance Guarantee on or before March 5, the LMC have stated.
Read the full statement
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