Sport
FUFA generates sh 2 billion in revenue
Publish Date: Sep 03, 2014
FUFA generates sh 2 billion in revenue
FUFA president Moses Magogo. PHOTO: FUFA
  • mail
  • img
newvision

By Swalley Kenyi

FUFA president Moses Magogo has revealed that the federation has grown its revenue from sh626m to about sh2b since he took office last August.


Magogo was addressing the press on his achievements in the last one year in office at Ivys Hotel in Kampala when he said that the revenue has been generated from government funding, corporate sponsorships and merchandising.

“In the last one there has also been a huge increase in revenue from sources such as sponsorship (about sh1.2b from sh600m in 2012/3) and Government funding (about sh740m from sh26m in 2012/3),” Magogo said.

Despite public criticisms of the federation’s decision to change the original FUFA logo and the Uganda Cranes jerseys, Magogo said that in the last two months alone the federation had made sh10m from sale of new machandise.

He said that the federation also expects more money from FIFA to fund coaching courses and further develop beach soccer, futsal, women and youth football programmes in Uganda.

Magogo praised the national U-17 football team for their heroic performances that has seen the team advance to the final stage of the on-going Africa Youth Football championship qualifiers and said that FUFA plans to start a league for the category in Kampala.

Without delving deeper into the re-emerging confusion on whether or not the FUFA new season will roll off soon, Magogo described his one year in office as success despite what he called “the worst ever football chaos” that had parallel leagues in Uganda.

Magogo has vowed to continue with “a deliberate communications strategy of taking the route of reconciliation, accommodating dissenting views and considering football development ahead of politics.” 

FUFA Statement 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Africa Championships: Weightlifter Kawooya bags two gold
Huzaifa Kawooya won the first two gold medals for Uganda as the 9th Africa Youth and Junior Weightlifting Championships started in Entebbe....
FUFA insists on new sponsorship deal
FUFA has been keen on redirecting payments from Uganda Premier League (UPL) sponsors Azam to new accounts....
Cecafa Kagame Cup semifinals: KCCA faces Azam today
Ugandan side KCCA FC plays Azam FC of Tanzania today for a place in the final of the Cecafa Kagame Cup....
SC Villa at 40: Museveni to grace celebrations
President Yoweri Museveni will be the chief guest as SC Villa marks 40 years of existence at Hotel Africana today....
Ugandan football: Azam freeze league sponsorship
The Azam Uganda Premier League could kick off on August 21 with an escalation of the controversy over control of sponsorship money....
Otile stuns pros to snatch Uganda Open lead
The Ugandan Open amateur champion returned seven-under-par 65 on Thursday not only to match the course record but also to lead the field of over 70 golfers...
Should faith based organisations be registered as Non-government organisations?
Yes
No
Can't Say
follow us
subscribe to our news letter