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Byo FC a huge financial burden to the council, club officials looting funds

03/08/2017 00:00:00
by Staff reporter
 
 
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Bulawayo City Football Club has run into financial trouble only a few months after it gained promotion to the Castle Lager Premier Soccer League, with some Executive Committee members said to be fleecing the fledgling club.

The Bulawayo City Council, who owns the club, is already faced with financial difficulties which have compromised service delivery.

The promotion of the football team to the elite league has compounded the local authority`s financial situation as they are now forced to pump more money into the operations of the team.

The team gained promotion after winning the Southern Region Division One league two seasons ago.

“On the financial side the conflict had arisen particularly with regards to allowances – both sitting allowances and travelling allowances.

“Needless to point out that this was a new team still facing various resource challenges. The Board, as per its mandate should do sometimes to address this challenge,” reads the latest council report.

According to the report, which was tabled by the Housing and Community Services committee, some Executive Committee members were claiming as much as $80 in allowances to attend any of the team’s matches.

“For Bulawayo City Football Club, what had been happening was that for short trips, say to Gweru, Zvishavane each board member was given $30 allowance and for longer trips, say Harare, each board member got $80. In each case, the club fuels one car for the board members.

“The board members as per the Constitution should sit once every quarter and for this they got $50 per each sitting. There was therefore great need for the team to curtail unnecessary expenditure with immediate effect,” the report reads.

The club is likely to overshoot its allocated budget.

“From the current expenditure rate, it was estimated that the team would need a total of $1 055 597 to complete the season. The team had a budget of $777 966 which would mean a shortfall of $277 631 by the year end.

“It was therefore proposed that in future, people be forwarded to the Board because of their love and knowledge of the sport and be well-connected and well influential people to attract sponsorship from the private sector as well as assist in development of the game,” reads the report.



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There was also a recommendation that the number of board members be reduced from 12 to 7 as part of cost cutting measures.

“It was also proposed that the number of Board members be reduced from the current twelve (12) to about only seven (7). That way it might bring a lot of efficiency and reduce the sitting costs of the board since this was just a small club.

“To date, the little donations that the team had received had been sourced by the Executive. There were also some board members who had never been to a match even at home and their commitments might therefore be not positive.”


 
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