Broke Gor Mahia Rolls Out Fundraising Scheme – LitKenya

Football Kenya Premier League defending champions Gor Mahia have launched a funds drive dubbed, ‘GMFC 2 Million Dollar Harambee‘, to help the club bridge its financial shortfall.

In a statement issued by secretary-general Samuel Ochola, the club has called on fans, friends, stakeholders, and well-wishers to join hands and help save it from its dire financial situation.

Ochola blamed the effects of Covid-19, which has greatly affected the economy and the sporting industry.

“This threat has brought our mighty club GMF to its knees and created serious financial strains as we tackle the second leg of the football season. As you know, we are heavily dependent on sponsorships, gate charges, sale of merchandise, and league winnings to generate income but consequently, none of those have been forthcoming,” read part of the club’s statement.

“In this regard, GMFC, through the EC and COC, has set up a fund dubbed the ‘GMFC 2 Million Dollar Harambee’ to help the club bridge its financial shortfall through your much-needed support. We are targeting to raise at least $2 million (Kshs215,600,000) over the next four months. These funds will be transparently directed to clearing salary arrears for both present and former players, and coaches and meeting short-term current working capital obligations.”

Ochola said this is an initiative for the fans, by the fans, driven by the love of their beloved club Gor Mahia, the pride of Kenyan football, and save the club from the embarrassment of eminent Fifa and Caf fines and penalties.

In another statement, Gor Mahia chairman Ambrose Rachier said the club had “studied various financial models adopted by some successful football clubs around the globe and resolved to adopt a hybrid of some of these benchmarks and to roll out a fundraising scheme that should ensure the financial sustainability of the club in the future”.

According to Rachier, the main source of the funds shall primarily be the club members, supporters, and any other well-wishers.

He said that the mode of collection shall be by remittance to a new designated Safaricom paybill number 4025683, Account No. Gor Mahia FC.

K’Ogalo are currently fourth on the league table and in the next month’s FKF Cup finals against arch-rivals AFC Leopards.

Should they beat Ingwe, Gor will represent the country in next season’s CAF Confederations Cup.

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