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FC IfeanyiUbah president,Ifeanyi Ubah, has admitted that the Nnewi Premier League club are owing their players.
Ubah said this during an interactive session with some youths in Awka on Tuesday.
He said indebtedness to players was common with most clubs in the country because of the inability of the League Management Company to pay the clubs their entitlements.
The businessman said the players were right to demand their pay but decried social media attacks on him.
Ubah told said: “The players can agitate because it is their due, they deserve their pay, but the LMC has been owing all football clubs in Nigeria for two years now, they have not paid a dime.
“They have been collecting rights from television, radio, adverts but they have not paid anything to us.
“Governments use their clubs for politics but we are using our own to keep our youths gainfully busy.
“My players are all being taken care of irrespective of the fact that they are being owed like most clubs owe their players too.”
The Anambra Warriors financier described football business in Nigeria as “expensive”.
He said, “Football is expensive to run; out of the 20 clubs in the Premier League, 17 belong to state governments, only three are owned by individuals.
“I deserve commendation, staying in the Premier League is not a mean feat.”
He added, “In two years we won the FA Cup, we played the South-East and South-South competition last year and won.”