Governing Bodies
GTI explains the unique investment features of The Nigeria Football Fund
When the pot of gold for Nigeria’s football development, The Nigeria Football Fund (TNFF) was launched on Tuesday 22 March 2022, it also marked the 42nd anniversary of Nigeria’s winning of the Africa Cup of Nations for the first time in 1980.
According to GTI Asset Management & Trust Limited, where the TNFF is domiciled, the fund the fund comes with a lot of features aimed at turning our football industry from its obscure recreational status to a pure business enterprise.
Many invitees who witnessed the epoch-making event attested to the fact that TNFF is very different from other existing Funds in the market.
As a kicker, an investor in TNFF will notice that the fund has three major unique irresistible and rewarding features different from other funds in the market.
First, most of the existing Funds are either Equity, Money Market, Bonds or Real Estate Funds, but TNFF is a Football Fund which has never existed anywhere in the African continent or in the world.
It is also a unique developmental Fund which is more of a national project that is distinct and novel. The Fund completely uses a blue ocean strategy that differentiates it from others.
Second, TNFF is committed to building a “Football Economy” within the Nigeria sports ecosystem that is aimed at solving a major national challenge.
For purpose of clarity, a Football Economy consists of football and other sporting activities measurable in statistical terms as a significant component of the nation’s Gross Domestic Product. Other sporting activities include Basketball, Boxing, Athletics, Table/Lawn Tennis, Golf, Polo, Cricket, etc.
At present, Football and other sports in Nigeria are faced with challenges like inadequate funding, poor infrastructure, administrative hiccups and poor event management, amongst others.
Thus, the TNFF initiative seeks to provide liquidity support to football or sporting projects targeted at the growth and development of the football economy and its value chain in Africa’s most populous black nation, Nigeria.
As noted earlier, TNFF is a national project that seeks to address the various challenges in the sports ecosystem, build a strong and sustainable football/sports economy by delivering efficiency in the funding management and administration of the beautiful game.
TNFF is also a project that will help transform football from a socio-political tool to a profitable business enterprise and by extension, a national asset that will help in transforming Nigerian Football Clubs into a profitable business enterprise, with the multiplier effects that will drive a cycle of growth across several other sectors. TNFF further supports government’s drive for revenue diversification.
However, the third special feature of TNFF is that it guarantees financial rewards for the passion investors have for football or sports in general. Here, passion for sports/football is rewarded with financial returns, as sporting/football fans become football investors and become financially rewarded for it.
Simply put, investment by corporate bodies or individuals in TNFF is an investment in the development of football in Nigeria and such investment will help in promoting Corporate Social Responsibility (CSR) in Football.
For example, many corporate bodies incur yearly expenditures on sponsorships, which are usually written off in their statement of profit or loss.
Thus, TNFF provides an opportunity to capitalize such “donations” made to develop football infrastructures, thereby assisting in restructuring the balance sheet through the reclassification of “donations to football” to “investment in football”.
Finally, every investor in TNFF has nothing to fear because the fund has been so uniquely designed for safety in order to provide a win-win situation for the investors, stakeholders and it enhances the growth cum development of the beautiful game in Nigeria.
TNFF is the only magical wand that can lay a rock-solid foundation; propel our football to a desirable height and also lessen the burden of government in funding a professional sport like football.
The time for local and foreign investors to invest in TNFF is now because of the growth potential of the investment. It may be too late to get it at a lower price in the near future for a stitch in time saves nine.
Governing Bodies
African football set to benefit from newly launched CAF VAR Academy Programme
![](https://sportsvillagesquare.com/wp-content/uploads/2024/08/var-academy.webp)
The Confédération Africaine de Football (CAF) is launching the CAF Video Assistant Referee (VAR) Academy for the 54 CAF Member Associations – a move that is aimed at elevating the standard of officiating in Africa.
Following CAF’s recent hosting of the most successful Africa Cup of Nations that saw the quality of officiating being singled out, CAF is building onto this success with the innovative academy set to be rolled out between September and October 2024.
The CAF VAR Academy will train Elite Referees across the continent for international competitions and national championships on the use of VAR and ensure that Africa continues to produce elite referees, as seen in recent times.
CAF Technical Development Director, Raul Chipenda said the VAR Academy Programme is a practical step by CAF to improve the standard of match officiating in Africa and ensure that African referees are equipped to compete against the best in the world.
“In the last few months, CAF has had a strong bias in upskilling match officials on the usage of VAR that is why at the AFCON in Cote d’Ivoire, our officials were rated amongst the best. But it does not help having a small group, we need a big pool.
“Officiating plays a critical role in the development of African football, as evidently seen in the success of the recent AFCON. CAF actively oversees and supports a number of football development programmes and competitions across Africa and with that said, it is equally vital that match officials across Africa are adequately equipped with the latest officiating technology, means and education in order to remain on par with the existing pool of officials on the continent”, said Chipenda.
The CAF VAR Academy, which will be attended by elite referees across CAF’s 54 Member Associations will also be the first step in introducing VAR across the continent.
As part of its roll out programme, CAF will be embarking on a continental drive of conducting CAF VAR Academy workshops across its Zonal Unions in the next few months where 180 referees are expected to be reached.
CAF VAR ACADEMY 2024 WORKSHOP DATES:
ZONAL UNION DATE HOST NATION WAFU B 01 – 08 September Cote d’Ivoire COSAFA 11 – 19 September South Africa UNAF 22 – 27 September Egypt CECAFA 30 September – 05 October Tanzania WAFU A 12 – 17 October Senegal
-CAF
Governing Bodies
Nigeria Football Federation clocks 91 today, but they don’t believe in their age
![](https://sportsvillagesquare.com/wp-content/uploads/2024/08/gusau-and-NFF-logo.png)
BY KUNLE SOLAJA.
Nigeria football governing body, the NFF is 91 years today and just nine years to clock a century. Unfortunately, the body does not believe in its age, but hold on to a faulty belief that it is 79 years old, but with no actual birthday.
Founded 1945 is gleefully displayed on the crest of the NFF. Yet, it is not possible to pin point which date in 1945 the body was founded in 1945. Sports Village Square’s research unveils documented as well as verifiable evidences that what is today’s NFF was founded in Lagos as NFA on 21 August 1933.
No official of the NFF has come forward to defend their claim of the body being ‘founded in 1945’.
Their assumption emanates from the fact that the national cup competition, now called President Federation Cup, began in 1945 as ‘Governor’s Cup’.
This itself is a distortion of historical fact on Nigerian football as the first three editions of the competition was not even organised by the then NFA but by the Lagos and Districts Amateur Football Association (LDAFA) which is now Lagos Football Association.
Verified archival materials have confirmed that the Nigerian football governing body was founded on Monday 21 August 1933 at house number 42, Broad Street Lagos. The building still exist, even with the same address.
Also, all the facts on the actual foundation date of the football governing body still exist and verifiable at the Nigeria National Archives at the University of Ibadan and also at The FA offices in London.
Despite overwhelming and documented evidences, it has been very hard, if not impossible, to get official recognition for the foundation date of the NFF.
The foundation meeting was held that day at the 42 Broad Street, in Lagos. The building which still exists today was then known as Health Office.
The founding officials were: Henry A. Porter as President while three Vice Presidents were appointed.
They were: Frederick Baron Mulford, Sir Adeyemo Alakija and Dr. Isaac Oluwole. The Secretary/Treasurer was James Mead who worked at UAC in Lagos.
The report of the foundation was published in the 25 August 1933 edition of the Daily Times.
Their first Annual General Meeting, as reported by the Daily Times of February 22 1934, took place in Lagos on Monday 19 February 1934.
The meeting decided to seek affiliation with The FA in England. A check by the Sports Village Square at the offices of The FA in London was very revealing. The minutes of meeting of The FA on 4 June 1934 shows under item 10 that: “The Nigeria Football Association was admitted to membership under Rule 5 of the Rules of Association.”
The affiliation was also reported in the Nigerian Daily Times edition of 14 September 1934. Reputable FA in England could not have registered a non-existing body.
The various regimes of the NFA/NFF since 2003 have found it difficult to accept and effect the actual foundation date of the body. They are more concerned about a perceived global backlash they could receive for just realising the actual birth date of the Nigerian football governing body.
Regarding the assumption that the national competition started in 1945 and linking that to the foundation of the football governing body is an assumption based on fallacy.
Documented evidences discovered by Sports Village Square point to the fact that the Governor’s Cup was not a product of the then NFA but that of the Lagos and Districts Amateur Football Association (LDAFA) which is today known as the Lagos FA, the oldest football association in Nigeria having been established in 1932 by Henry A. Potter, the same man who founded the NFA the following year.
One day, it shall come to pass when the true foundation date will be acknowledged.
Governing Bodies
CAF’s sole surviving former president, Ahmad attending Hayatou’s funeral
![](https://sportsvillagesquare.com/wp-content/uploads/2024/08/ahmad.jpg)
There have been seven presidents of CAF since the continental body was created in 1957. Of the six former heads of the confederation, only Ahmad of Madagascar is alive.
As the sixth and just one-term president, Ahmad who recently completed his reduced ban of two years by FIFA/CAS is one of the dignitaries attending the funeral of Issa Hayatou in Cameroon this Friday.
Arrival of Issa Hayatou’s body from France
Funeral service for Hayatou at the Yaounde airport when the body arrived from Paris on Thursday
Long-time friend, Constant Omari arriving Yaounde for Hayatou’s funeral
Apart from other football chiefs – FIFA president Gianni Infantino and his CAF counterpart, Patrice Motsepe, also in attendance is Congolese Constant Omari who had been a long term ally of Hayatou.
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