Chiefs refute reports on unpaid salaries
Friday, May 05, 2023 | 230 Views |
Long walk: Chiefs say players are paid on time PIC: MORERI SEJAKGOMO
Reports reaching Mmegi Sport are that the club is still struggling to pay salaries despite securing a sponsorship deal with DC Tours and Travel. In February, Chiefs signed a 10-year sponsorship deal with DC Tours worth a massive P68 million.
As per the agreement, DC Tours will pour P6.8 million into Chiefs' coffers every season. During Magosi's general assembly last month, the club told the membership that DC Tours is entitled to 86.5% of the commercial rights associated with the club.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...