Remaining BCL employees rescue Nico

Nico
Nico

bwpl

Nico plunged into financial turmoil last year when BCL Mine was placed under provisional liquidation, which saw the club fail to shell players’ dues.

 The team’s wage bill stands at P80,000 per month and the club has gone for four months without paying its players and has also been defaulting on utility bills. Their transport is no longer free as it used to be under BCL because now the liquidator has to protect the creditors’ assets.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

Have a Story? Send Us a tip
arrow up