Gor are currently experiencing financial constraints following the exit of SportPesa from the local football stage after the online betting firm fell out with government over tax policies.”
Gor Mahia players and officials were hosted to a luncheon at the Sarova Panafric Hotel on Saturday by Amani National Congress (ANC) politician Eliud Owalo .
Owalo, who is a renowned businessman, handed out Sh250,000 to the players to cushion them from the financial implications of the Covid-19 pandemic.
Gor is currently experiencing financial constraints following the exit of SportPesa from the local football stage after the online betting firm fell out with the government over tax policies. The players have now gone several months without pay and have been relying on handouts from well-wishers.
Things Are Looking Up
Things look optimistic though as a deal which the reigning KPL champions struck a couple of days ago with BetSafe, could ameliorate the grave situation experirnced at the club although they must wait a little bit longer before they receive any money from the firm pending the resumption of the top tier league that was suspended after the government imposed a ban on public gatherings in March.
Club chairman Ambrose Rachier said he is optimistic about the future of the club despite the worrying situation.
“As things stand now, we have nothing to give the firm back because there is no football being played. They will only release funds when football resumes,” said Rachier.
Rachier revealed that the club is currently running a colossal wage bill which they are considering to trim by almost a half.
35 Players On Club’s Payroll
With 35 players on payroll, the bill has risen to Sh5 million per month but Rachier has revealed that plans are in place to cut it down to size.
“We want to reduce our wage bill to manageable levels, preferably Sh3 million per month,” he said.