Rachier says it’s a high time Kenyan clubs envisioned novel ways of addressing the perennial dearth of funds, a dire situation that has left most of them sinking to their knees. Indeed, Kenyan clubs are currently grappling with dire financial constraints occasioned by the coronavirus pandemic. But equally interesting is the proposal made by Shikanda that ex-players should consider forming a savings and credit organisations. The Ingwe boss says they have at least 3,000 ex-players and the club cannot support all of them financially. Only last week, AK president Tuwei urged Kenyan athletes to resist the urge of borrowing money from shylocks, warning them of subsequent irreparable financial repercussions.
Source: The Star June 16, 2021 01:52 UTC