Rollers admit cash flow challenges
Tuesday, December 19, 2023 | 230 Views |
FACING FINANCIAL DIFFICULTIES: Township Rollers players have been receiving their monthly salaries late PIC: MORERI SEJAKGOMO
Despite enjoying their season on the pitch and maintaining their position at the summit of the league table after a 3-0 win over Police XI, Rollers have in recent times found themselves encountering financial problems.
The struggles came after the departure of former president and investor, Jagdish Shah who has since been replaced by local businessman, Jimmy Haskins Kereng. Responding to SportMonitor inquiry, the club’s public relations officer, Pako Lebanna acknowledged financial challenges.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...