State Commissioner for Sports and Youth Development Bamidele Ologun said the state is ready to sell the Nigerian professional football club’s squad.
He added that investors are being sought to professionally handle the club’s affairs and that the government’s job is to develop the sport, not the business side.
Speaking to NAN: “The State can decide to sell Club Sunshine Stars FC if we get the right price and most importantly if the right company with the right experience comes on board.
“It is important for us to develop these sports and the development of these sports does not have to be carried out by the state or the government.
“We’re looking for investors to come on board and run this club professionally and nowadays you know money is very important in football, it’s big business and usually the government has nothing to do with the business,” he said .
The commissioner said the government should create guidelines, adding that if Sunshine Stars is sold they could use the money to develop grassroots sport.
“They (the government) should only be there to make policies, to formulate policies and other things, so why not? (sell) for example if my friend Adriano (foreign scout) comes back to Europe and he is able to bring a billion dollars through our partner Mr. Lanre Moyero for us to get Sunshine FC.
“And if Sunshine FC is sold for example we can always have resources to do what we need to do, grassroots football, that’s the core business, here the real development is what the government wants Sunshine Stars FC to do professionally operate.
“First, to have the right resources, second, for real development, grass-roots development, these things need resources and the state doesn’t have them. If we have the right funding, if the right people come on board, we can go ahead and be ready (to sell),” he said
The 27 years of Sunshine Stars
Sunshine Stars of Akure formed in 1995 with three appearances in the CAF inter-club competition.
The Akure Gunners played in the 2011 CAF Confederations Cup where he reached the semi-finals of the competition and reached the same milestone in the CAF Champions League in 2012.
The club has been managed by some notable Nigerian coaches including former Super Eagles coaches Kadiri Ikhana and Austin Eguavoen. The Owena Waves finished last season in 16th place in the NPFL.