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
Arthur Blick vows to win motocross championship
National Motocross team captain Arthur Blick Jr, has vowed to give Maxime Van Pee and Asaf Natan a run for their money when they meet in the Nomi Motocross championship....
Golfers raise funds for Soroti Golf Club
Uganda Golf Club members are back on the course on Saturday for another charitable course after raising funds for the fight against cancer last week....
Boxing: "Rumble in the Jungle" ring stolen
Officials in Kinshasa have revealed the ring used for "The Rumble in the Jungle" has been stolen as boxing fans Thursday marked 40 years since one of the most famous and brutal bouts in the sport’s history....
Two get cleared for pool championship
Uganda will be represented by only two players in the on-going World Pool Championships in Scotland....
Kiprotich acclimatising to New York’s chilly weather
Stephen Kiprotich will beside Uganda’s colours also be flying the East African Community flag at the New York marathon on Sunday....
Nepal beats Uganda to win ICC Division III cricket title
A six wicket haul by Roger Mukasa could not save Uganda in their bid to lift the ICC Division III cricket title in Malaysia, as they lost to favourites Nepal by 62 runs in the final held at Kinrara Academy Oval in Kuala Lumpur, Malaysia....
Should the absence of bride price prevent couples from wedding?
Yes
No
Can't Say
follow us
subscribe to our news letter