Sports
Football, Money-Laundering Vehicle – Study
The multi-billion dollar global football sector has become a vehicle for money laundering and other forms of corruption, requiring an international response, a study published last week stated.
“Money laundering through the football sector is revealed to be deeper and more complex than previously understood,” said the Financial Action Task Force (FATF), an intergovernmental body formed to fight money laundering and terrorist financing.
The Paris-based group said its analysis found that “there is more than anecdotal evidence indicating that a variety of money flows and or financial transactions may increase the risk of money laundering through football.”
The football sector has in addition provided opportunities for other criminal activities such as trafficking in human beings and drugs, according to the FATF.
Based on responses to a questionnaire received last October from government and football authorities in 25 countries, more than 20 cases of football-related money laundering were detected, the task force said.
The cases ranged from the smuggling of large amounts of cash derived from apparently illegal transactions to more complex operations.
“Investments in football clubs can be used to integrate money of illegal origin in the financial system,” the study found. “Football clubs are indeed seen by criminals as the perfect vehicles for money laundering.”
Football since the early 1990s has undergone massive commercialisation through expanded television rights and corporate ownership. Player transfer payments have now reached “astounding dimensions,” the study said.
While there are no overall figures on the global financial scope of the football sector, the European market alone, according to the Deloitte Annual Review of Football Finance, was worth 13.8 billion euros (19 billion dollars), or 0.1 per cent European Union gross domestic product in 2007.
“The cross border money flows that are involved may largely fall outside the control of national and supranational football organisations, giving opportunities to move and launder money.”
Betting too enables huge flows of money to take place outside the control of governing bodies.
The FATF study found that “several cases linked to trafficking in human beings involve individuals directly or indirectly linked to the world of football.”
It described the circumstances surrounding the recruitment of players in Africa and Latin America as “unclear.”
And it said that with forbidden drugs and other substances now widely available over the Internet, there is expanded scope for organised crime to operate.
The study said that to fight corruption in football a greater understanding of the risks of money laundering associated with the game is needed on the part of government bodies and the private sector.
It argued that given the international nature of the sport, there should be greater standardisation of regulations governing management of the football sector worldwide.
“International cooperation and information sharing are key factors in the fight against money laundering” in football, the study also stressed.
City Crime
‘NFF Conducted Federation Cup Draw Fairly’

The Nigeria Football Federation has defended the recent quarter-finals draw for the 2025 President Federation Cup, saying it was conducted in line with best global practices.
A member of the NFF Executive Committee Board, George Aluo, stated that criticism over venues for the quarterfinals was unfortunate.
Going by the fixtures released on Saturday by the football body, Abakaliki FC will take on Nasarawa United in Benin, Wikki Tourists will clash with Ikorodu City in Bwari, Abuja, Akwa United and Kwara United will fight it out in Enugu, just as Area 3, Abuja, will host the encounter between Rangers International and Plateau United. All matches are scheduled for May 3rd for the emergence of semifinalists in a leg affair.
However, there have been criticisms over the Ikorodu United vs Wikki Tourist tie billed for Abuja, with a section of the press saying the venue is skewed in favour of the Bauchi team.
Aluo, also the Chairman of the Nigeria National League (NNL), said: “Some of our media men need better education, and newsmen should not be like the fans out there on the streets. In the English FA Cup, it is always a one-legged pairing that can see a club like Arsenal host Manchester United at home”.
Sports
Act Sports Signs New Teqball Specialist Contract In Nigeria

A new contract that will see Act Sports Di Oyibo Limited managing the career of Nigerian teqball specialist, Victor Oyemade, has been signed in Lagos.
The deal gives exclusive rights to Act Sports to manage, and exercise power of attorney over issues relating to the player’s welfare as it concerns his transactions, engagement for professional, promotional, sponsorships, endorsements, and exhibition purposes.
In signing the document, both parties also agreed that proper safeguards would be put in place to protect and promote the player’s interest at all times.
Director of Act Sports, Di Oyibo Limited, Pastor Samuel Robinson Oyibo, excited about the deal, said it would benefit both parties in the area of spreading the message of the sport, as well as laying a firm foundation for his new client’s future.
“Teqball is one of the world’s fastest-growing ball sports, and Victor Oyemade is the face of the sport here in Nigeria and Africa. That is why we are excited about this partnership that gives Act Sports official authorisation to manage his career, just as it will lay the foundation for its rapid growth in our country,” Pastor Oyibo said.
Oyemade was no less excited about the deal, saying it would help his growth in the sport.
Sports
Nigeria Name Handball Squads For Zonal Champs
Coaches of Nigeria’s U-18 and U-20 women’s handball teams have released their final lists of 14 players ahead of the IHF Women’s Trophy Zonal Phase, which will be held in Abidjan, Ivory Coast, that commenced yesterday to end 24th of this month.
The two teams have been training at the Rowe Park Sports Centre, Yaba, Lagos, for close to two weeks and departed for the competition on Thursday.
Coach John Uzor of the national U-18 team has included Omole Joy of Defender Babes and her sister Omole Shola alongside Ojie Princess of Funad Academy alongside right back Faisat Balogun in the mix while Success Duru, Chetachi Ngaodurubie of COAS Babes and Sharon Okonkwo make the cut, amongst other players.
In the U-20 team, Coach Shittu Agboola has largely stuck with the players he has been grooming since their U-18 days. The team is led by Captain Chidera Ogbusimba alongside, her Rima Queens teammates the Samuel Sisters, Amina Mohammed and Joy Peters.
Israel-based Rahima Bello, Kehinde Babatunde of ASPAC HBC of Benin Republic and Esther Mathew, who is also based in Benin Republic, keep their places.
Coach Shittu believes his team will make Nigeria proud just as they did previously at the U-18 level.
“I am really upset that Taiwo Babatunde will not be part of the team for this competition as her school, Yaba College of Technology, insisted that they will not release her for national service because of examinations.
“We did everything humanly possible to secure her release and they didn’t care that it is a national service for the interest of Nigeria and the growth of sports. We have other players who are also students and they got a release from their schools but for no tangible reason, Yabatech refused to release Taiwo despite the fact that we did everything possible to secure her release. It’s sad and I hope the Federal Ministry of Education and the National Sports Commission will work in tandem so that schools will support our goal in making Nigeria proud in sporting events”.
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