Officials of Seven-time Nigeria Premier League champions, Enugu Rangers, have announced that the football club will soon be listed on the Nigerian stock market.
Speaking to MTNfootball, the Enugu State commissioner for youth and sports Mr. Chijoke Agu said that the state government plans to soon put up the football club for investment by the public so that it could invest in other sectors of the economy.
“We are already discussing with a reputable stock brokerage firm and I am sure that at the end it will be good for both the club and government (to list the club on the stock market),” said Agu.
“Even at the executive council level, it has been agreed that the club should be opened to those who have the passion and financial muscle to come and partner with the state government to take Rangers back to their rightful place in Nigerian football.
“There is no doubting the fact that opening up the clubs in Nigeria to private investors will to a very large extent make them more comparable to their European counterparts.”
Mr. Agu added that the recent reorganisation of the management of the club was to ensure ‘The Flying Antelopes’ end a near three decades of not winning a major piece of silverware.
“We decided to make the necessary changes to the management team of Rangers and bring on board people with passion and dedication to ensure that Rangers ends our almost three decades of waiting for any kind of trophy,” he offered.
“I am very sure that the team led by Festus Onuh will deliver the goods this season.”
Rangers FC are currently second on the NPL table on 32 points from 19 matches.