By Gracious Akujobi League Management Company (LMC) has announced March 7 as the new kick-off date for the 2013/2014 Glo Premier League season which had been shifted a couple of times.
Rising from a consultative meeting with Glo Premier League Club Chairmen in Abuja, the meeting presided over by LMC Chairman Nduka Irabor, also adopted the financial report of the 2012/2013 season as well approved the N1.2 billion proposed for the 2013/2014 season.
The communiqué issued at the end meeting reads:
The Meeting jointly affirmed that 2013/14 Glo Premier League season shall commence on the weekend of Friday March 7th 2014 through Saturday 8th and Sunday 9th.
The meeting also agreed that Tuesday, March 4th shall be the cut-off date for return of all registration materials by Clubs to the LMC.
The meeting adopted the financial Report of the 2012/2013 Season and also approved LMC budget proposal of N1.2 billion for the 2013/2014 season.
The meeting reiterated that the provision of Performance Guarantee of N100 million from an approved financial Institution remains an irrevocable requirement for registration to participate in the 2013/2014 league season.
However, clubs are allowed to provide the guarantee in quarterly installments of N25 million and any defaulting Club shall be liable to forfeiture of six points, six goals and a further withholding of the defaulting Club’s financial entitlement from the sponsorship rights.
That the inadequacies observed at each Club nominated home ground during the Stadium Inspection visits have been communicated to affected Clubs and is required to be addressed within the first nine weeks of the season when a review will be held.
The LMC has waived the payment of Registration Fees and Insurance premium by Clubs and further to this, the LMC will subscribe to an enhanced Insurance policy covering all players and Match Officials for the 2013/14 season.
The chairman Nduka Irabor therefore charged the clubs to take advantage of the waivers to improve the welfare of Players and Officials.
To ensure equity in the schedule of live broadcast matches, Clubs that have any of its home matches televised live shall receive N250, 000.
However, if for any reason such as unsuitable stadium and security challenges, a Club is unable to host live broadcast match, the home game of the Club shall be played on any other television-friendly venue.