- AFC Leopards are currently grappling with a serious financial crisis
- The quagmire has seen the club accumulate huge debts and are unable to offset some
- Players are said to have gone for up to three months without pay
Kenya Premier League giants, AFC Leopards, could lose their team bus to auctioneers over outstanding bills owed to a Kakamega hotel.
Leopards are understood to have sunk into a financial crisis following SportPesa's decision to exit the Kenyan market.
READ ALSO: Unforgiving Kenyans unleash anger on Harambee Stars for spoiling weekend party
READ ALSO: Ivan Rakitic, Barcelona star, emerges as target for Manchester United
The once giant betting firm had been sponsoring Ingwe for three years after the two entities got into a sponsorship deal back in 2016.
The lucrative deal would see SportPesa pump a staggering KSh 45 million annually in exchange of having their corporate name on Leopards' shirts.
READ ALSO: Arsene Wenger names The Invincibles as greatest set of players he managed at Arsenal
However, the firm's move to close shop in the country is said to have thrown Ingwe into financial disarray, with the club racking up several debts including at hotels.
A report by Goal citing sources at the club suggested the KPL side is unable to foot bills, with an unidentified hotel in Kakamega now seeking to repossess the team’s bus to help offset the huge debt.
PAY ATTENTION: Install Pitch Football app for FREE to easily access stats, news and live updates
“We don’t have a place now where we can reside during our matches in Kakamega because most of the hotels we have been using we owe them,” Goal quoted a source at the club.
“In fact, one of the hotels have already sent auctioneers to take our team bus so as they can use it to pay the bill we left after our league match against Chemelil Sugar," the source further divulged.
Do you have an inspirational story you would like us to publish? Please reach us through email@example.com or WhatsApp: 0732482690 and Tuko news.
Kenyans react to Eliud Kipchoge's win, demand Monday be named a National Holiday | Tuko TV
Source: Sports Brief News