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Nzoia FC risk losing their bus to auctioneers

Reading Time: 2min | Sun. 31.10.21. | 18:00

The sugarmen have been struggling on and off the pitch this season

Nzoia Sugar FC chairman Evance Kadenge is a worried man as the club risks losing its 51-seater capacity bus to auctioneers thanks to huge debts written against their parent sponsor.

The club has been forced to use alternative means for their away matches in a bid to shield the asset unveiled by President Uhuru Kenyatta in July last year from auctioneers.

Auditor General Nancy Gathungu in her latest report as reported by the Star said that Nzoia Sugar Company's liabilities outweighed its assets massively and thus the firm was technically insolvent. 

Kadenge said the bus donated by Defence Cabinet Secretary Eugene Wamalwa could not be used for away trips as it has been earmarked as one of the company's asset.

"We are likely to lose our bus to auctioneers who have been pursuing it for some time now. We have had to hide it and use shuttles for our away matches since our bus is registered under the company. Using shuttles is expensive and hurts the players' fitness levels as they are not comfortable enough ," he said.

The administrator who is mulling to organize a fundsdrive appealed to well wishers to come to their aid as the company was struggling to raise funds for cater for the logistical needs of the club.

The sugar men who lost a number of their key players in the transfer window are among the three top flight clubs who are yet to win a match this season from the opening five rounds.Among the players who ditched the club are Hillary Simiyu, Gabriel Wandera, Dennis Wanjala, Elvis Ronack who all played a crucial part in their last season's survival.

"We are glad that the company is paying salaries to our players but we still need money for our day to day activities. Honoring fixtures requires a lot of money and I plead with our supporters to help us plug in the financial gap occasioned by the company's financial struggles, " he said. 


tags

Nzoia SugarEvance KadengeFootball Kenya Federation Premier League (FKFPL)

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