BDFA seats ₦ 19.1 million revenue, ₦ 21 million expenses for the 2024/25 season

Post views: 127

Badagry, Lagos – The Badagry Division Football Association (BDFA) has released its financial report for the football season of 2024/25, reporting a total income of ₦ 19.19 million starting from an expense of ₦ 21.08 million.

According to the break, the Rak League 2025 provided the highest revenues with ₦ 11.55 million, enhanced by a sponsorship of 10 million ₦ 10 million sponsorships from the Rak Foundation. Other afflusted from the Akran Cup 2024 (₦ 1.85 m), from the Chekas Kids Cup 2025 (₦ 1.32 m) and by the affiliations of the club/tournament that produced ₦ 1.94 million.

From the point of view of expenditure, the tournaments and administrative costs were the greatest disbursements. The Rak League alone consumed more than ₦ 7.8 million, covering logistics, officiaggio, media, closing ceremony and cash prizes. The beneficiaries included Emaljus FC (₦ 500,000), JP Youngstars (₦ 300,000) and Great Stars Amazon (₦ 300,000).

The Akran Cup 2024 represented ₦ 1.41 million logistics, with cash prizes distributed to New FC (₦ 200,000), Youngstars FC (₦ 150,000) and Smler all Champions (₦ 100,000). The secretarial operations, which included the renewal of offices, salaries, well -being and equipment, cost the association over 4 million.

In addition, ₦ 566,000 were spent on seminars and seminars such as the tape seminar and the FCAAN F-Course, both targeted in the development of basic football.

Despite a healthy support for sponsorship, the BDFA has concluded the season with a deficit of almost ₦ 2 million. The financial report was forwarded to the Lagos State Football Association, the Rak Foundation, the Akran Palace and other parties interested for the review, with discussions foreseen to ensure more sustainable funding for basic football in the division.