TelOne FC, the 2023 Central Region Soccer League champions, is struggling to stay afloat due to financial difficulties. Despite investing over $200,000 to secure the title, the team has yet to receive the $7,500 prize money from Ruvimbo Funeral Assurances, the league’s sponsor.
Nine months after their victory, Ruvimbo Funeral Assurances has failed to deliver on its payment plan, leaving TelOne without the promised funds. The team’s president, Oscah Nduwure, expressed frustration, stating that they spent a significant amount to win the title only to receive nothing.
The lack of payment has exacerbated TelOne’s financial woes, making it difficult for the team to compete in the Castle Lager Premier Soccer League. They are now battling to avoid relegation, and their situation is becoming increasingly dire.
However, there is a glimmer of hope on the horizon. TelOne is set to return to their home ground, Ascot Stadium, which is currently undergoing renovations. The team hopes that this change in fortunes will bring a turnaround in their financial situation and performance on the field.
<p>The post TelOne FC Faces Financial Crisis Despite Championship Win first appeared on Dandaro Online.</p>
Zim Instantly via Simplex Solutions