The club proprietors have frowned at the constitution of the League Management Company by dissociating themselves from its activities
The drama in Nigerian football assumed a new dimension on Sunday when 17 Nigeria Professional Football League club chairmen and managers met at Lamonde Hotel, Wuse, Abuja and unanimously dissociated themselves from the League Management Company (LMC).
The club proprietors in a statement gave their reasons for the dissociation saying LMC was an "illegal company” and it “was registered without the consent, resolution and approval of the clubs who are the supposed directors of such company as well as the allocation of 20 million shares to Honourable Nduka Irabor representing 80 percent of the total shares and five million shares to Alhaji Aminu Maigari on behalf of the Nigeria Football Association (NFA) representing 20 percent of the total shares."
17 clubs with exception of Heartland FC, Sharks FC and Dolphins FC, signed the communiqué issued after the Sunday, April 21, 2013 emergency meeting of the Nigeria Professional Football League club chairmen and managers.
The Club Owners, as they are fondly called, summed up by sacking the League Management Company.
"Consequent upon the illegal registration of the League Management Company Limited by Hon. Nduka Irabor League Management Committee, we hereby disassociate and derecognise the League Management Committee forthwith".