MFM's worldwide director of sports, Godwin Enakhena revealed why the team let go of some key players during the transfer window, saying it has links with Stephen Odey.
The Olukoya Boys are struggling to match the impressive form that saw them qualify for the Caf Champions League in 2017, having witnessed mass exodus during the mid-season.
Stephen Odey moved to FC Zurich last year and Ospino Egbe, Tchato Giscard, Jesse Akilla, Monsuru Bahiru, Adebayo Waheed and Wilfred Ammeh joined the list of exiting big names.
And the club's former chairman said the topflight side accepted them to leave as part of its decision to put a stop to acquiring players on loan at the end of the 2017/18 season.
"At the end of last season, the management of MFM FC decided that we don’t want loan players anymore in the club because of the experience with Stephen Odey," Enakhena disclosed to Goal.
"The club thought it was entitled to more than it got from the deal, this was in addition to the media issue that didn’t go down well with the church. So, we reached a decision that all players should be bonafide members of the team.
"This wasn’t implemented immediately because we wanted to avoid chaos knowing that some of them had offers but wanted to stay as they wanted continental experience in their CV’s."
Enakhena exonerated coach Fidelis Ilechukwu of any blame, stressing that the gaffer and management deserved some accolades.
"Fidelis Ilechukwu did a good job talking to some of them to sign long-term contracts. While some agreed, a few opted to stay and play until the end of the season. This explains why [Victor] Mbaoma and [Salefu] Ochefu left for Akwa United and Rivers United," he continued.
"Again, there is the issue of salaries. Because MFM FC management doesn’t want to bite more than it can chew, we pegged salaries [not below what is recommended by the LMC], while some agreed to this decision, a few asked for more which we couldn’t meet.
"At the end of the day, it was agreed that those who refused to sign long-term deals should be given their clearance. This explained why Akila, Egbe, Monsuru, Tchato nad other left.
"I also think that the management of MFM FC deserve commendation for not holding down any player who refused to sign long-term deals, instead they were given their clearance papers and we wish them well."