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KPL clubs benefit from EABL injection

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KPL - Copyright : Panoramic

The 16 clubs participating in the 2013 Kenyan Premier League (KPL)
 stands to pocket each a  whooping Kshs.6.5 million(Approx.US $
 755,814)  for the entire season.
The KPL secretariat has lined up  Kshs 104 million (Approx US $
1,209,303) to be disbursed to the participating clubs which translates
to an increment of 116 %.
The amount was reached at during a Governing council meeting held in
the past week and attended by all the participating clubs.
KPL Managing Director Jack Oguda confirmed of the new development
noting that  the new increment serves  also as a new years gift that
will benefit all the clubs  especially community based  teams .
Oguda said the entry of East African Breweries Ltd(EABL) as the
League title sponsors mid last year has made a  significant role in
the allocation of funds to the participating clubs.
AFC Leopards Chairman Alex Ole Magelo has thanked KPL for the
generous gesture to participating clubs adding that even without a
sponsor,clubs can now honour their fixtures without  any major hitch.
In the year 2012, the allocated total grant was Kshs 72
million(Approx.US $837,210) at the beginning of the season which
worked to Kshs 4.5 million per team(Approx.US $.523,256).
Each of the 16 teams received an additional Kshs 1.1 million each
to improve the total grant for the 2012 season to Kshs 5.6 million.
Clubs will however not pick up the full Kshs 6.5 million grants as
lump sum. Disbursement is distributed across the 12 months.
Clubs have already pocketed Kshs.1.5 for January. Kshs 460,000 for
the next ten months; from February through to November. In December,
each club will pick up the final installment of Kshs 400,000.
Prior to 2009 clubs got no penny from the league organizers.

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