The association president, Tebogo Sebego told journalists on Wednesday that discussion over the matter is ongoing. BNSC assumed control of the BFA grant after the association was bankrupt largely due to the Zebras' 2012 AFCON finals participation.
Sebego said the current financial status of the association has not made it easy for them as they continue to engage the BNSC on the matter.
"The senior national team programmes literally exhausted the BNSC's grant. It therefore goes without saying that we are putting measures in place to ensure our financial systems are transparent and credible so as to regain the confidence which led to the BNSC caveat," he said. Upliftment of the BNSC caveat was one of the goals set out by the new BFA regime, to be achieved in their first 100 days in office.
The association had also wanted to employ a human resource officer as well as communications director, but they have so far not succeeded due to financial constraints. Sebego however, revealed that they have proposed successfully to the supreme body of sports to assist them with these officers.
BFA have also been forced to suspend their efforts to have their strategic plan after being advised by the BNSC to wait until theirs is ready. "Our strategic plan should cascade from that of the BNSC.
Therefore we could not commence with ours until they are done with theirs," Sebego told journalists. Another goal set out by the new regime was to find a replacement sponsorship for the FA Cup. Coca-Cola has been sponsoring the annual tournament involving all BFA divisions but their contract ended last season. The company decided not to renew the contract to focus its attention elsewhere.
The new BFA chief revealed that negotiations are ongoing with two potential partners, one of them said to be a bank. Meanwhile, BFA have formed a company called Lekidi Investment to enable the association to become financially self-supporting. Sebego said the name has been reserved and registration has been lodged with the Registrar of Companies.
"We expect this company to commence its business with Umbro deal and eventually with the BFA kiosks for our merchandise. "We are expecting the registration of the company to have been completed this week as well as the Value Added Tax and Income Tax," Sebego said.
The goals were among the 20 objectives BFA set out when the new regime took over from the David Fani administration earlier this year.