Broke Mathare United: The Beginning Of The End

Written By John Mutiso  📝

Football Kenya Federation (FKF) Premier League club Mathare United have announced that they will not honor their match against Bandari at Ruaraka grounds on Sunday due to financial constraints.

In a statement issued by Mathare United’s founder Bob Munro on Saturday, April 23, the club will be unable to host or even attend a match for the first time in 28 years since it began competing in the FKF competitions.

“Our financial situation is the result of an escalating series of external factors over the last few years which kept reducing the revenue and/or raising the costs for all our top clubs. Those cumulative and financially destabilizing external factors included: the FKF forced expansion of the Kenyan Premier League (KPL) in February 2017, the related SuperSport termination of their KPL contract in March 2017, the necessary but difficult Covid-19 suspension of the league for five months in 2020, the FKF hostile takeover of the Kenyan Premier League in September 2020, the FKF failure to pay to clubs a fair share of the KPL broadcast/title rights revenue, the FKF mismanagement of FIFA, GOK and sponsorships funds during 2018-21,” read the letter in part.

The club chairman also revealed that they have tried to secure sponsors this season but have not been successful in their bids.

“Since 2018, we made serious proposals and held follow-up discussions with 48 companies in a wide range of sectors, including banking, insurance, airlines, energy and consumer goods. But only four signed contracts and three of them were betting companies,” Munro noted.

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“Since July 2021, I and our CEO still relentlessly tried to secure sponsors for this season but without success. This week the funds of our club, my family and many friends of our team were completely exhausted and we’re sadly unable to honor today’s match,” he added.

Bandari Team Manager Albert Ogari said the club is yet to receive official communication from the league organizers and will proceed to the match venue as required.

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