LMC Invites bids from Financial Advisors to Manage Club Enlistment in Security Market

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The League Management Company (LMC) in partnership with over the counter securities market operator, NASD Securities Exchange took a major step towards bringing private sector investment into the Nigeria Professional Football League (NPFL) when on Monday, March 13; financial advisors were invited to bid for appointment to work with eight of the 20 NPFL Clubs shortlisted for the pilot project.

 

The financial advisors are to serve as consultants that will prepare the clubs to meet regulatory requirements for enlistment in the stock market and be eligible to attract investment either through being publicly quoted or attract direct financial investment from individuals or investment groups.

 

In making the process open and to attract the best industry experts, the LMC placed advertisement in two influential national newspapers, Thisday and Businessday on Monday, March 13…

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