The League Management Company (LMC) has given approval to the chairman of Capital Oil Limited, Ifeanyi Ubah, for the takeover of Nigeria Professional Football League (NPFL) side, Gabros International.
In a letter signed by the LMC chairman and Nigeria Football Federation (NFF) vice president, Shehu Dikko, said that the approval has been granted consequent on the verification of Ifeanyi Ubah Limited’s compliance with requirements for takeover of clubs and change of name.
“After submitting to the very rigorous process put in place to ensure that only serious business minded persons and corporate groups are admitted to club ownership, the LMC is satisfied that Dr. Ifeanyi Ubah has substantially met the requirement and has been granted approval to takeover Gabros International FC,” the letter read.
The LMC chairman also commended Ubah for patiently working to meet these requirements and said “it demonstrated your commitment to operating and funding the club in line with LMC Rules and Frame Work which has been designed to protect the institution of the league and also safeguard the interests of the players and other employees of clubs participating in the NPFL”.
Advertisement
The change of name takes effect from Match Day 11 and all points accumulated by Gabros has been transferred to FC IfeanyiUbah which now appears on the NPFL fixture and log.
Add a comment
