President of the Nigeria Football Federation, NFF, Amaju Pinnick has given details of how the new Super Eagles coach, Gernot Rohr, will be paid by the football federation.
Pinnick disclosed in a YouTube interview that a yet-to-be-named oil company has agreed to bankroll the salaries of the new coach and for transparency and accountability, this sponsor will pay to the NFF financial consultants, Financial Derivatives, who will then pay the coach.
He said that after presentation to several companies, the NFF were able to secure a deal to pay a new foreign coach.
“This company will fund it (payments for foreign coach) and to make it very professional, the sponsor will pay our consultants Financial Derivatives, who will then pay the coach,” explained Pinnick.
“Financial Derivatives, who are headed by Bismark Rewane, a man of impeccable character, will be the ones to interface with the sponsors, the NFF will not pay the coach directly,” he said.
Pinnick disclosed in a YouTube interview that a yet-to-be-named oil company has agreed to bankroll the salaries of the new coach and for transparency and accountability, this sponsor will pay to the NFF financial consultants, Financial Derivatives, who will then pay the coach.
He said that after presentation to several companies, the NFF were able to secure a deal to pay a new foreign coach.
“This company will fund it (payments for foreign coach) and to make it very professional, the sponsor will pay our consultants Financial Derivatives, who will then pay the coach,” explained Pinnick.
“Financial Derivatives, who are headed by Bismark Rewane, a man of impeccable character, will be the ones to interface with the sponsors, the NFF will not pay the coach directly,” he said.
