Mighty Be Forward Wanderers Chairperson Simon Sikwese has asked the team’s creditors to exercise patience as the Lali Lubani Road outfit tries to authenticate debt.
Sikwese made the remarks after the team’s debt soared to over K100 million, including K12 million which the side owes players in two months’ arrears.
“We have creditors and some of them are on our neck. We keep on asking them to give us more time so that, once things start shaping up, we can start servicing those loans.
“There is some debt which we need to investigate further because it is questionable. We have some debts which are more personal and those we are referring to the specific individual who was responsible for that,” he said.
Sikwese reiterated that Wanderers will not honour debts without supporting documents.
“We are going to commit on the authenticated credit butwe are not going to honour those done without proper documentation. We owe creditors over K100 million, most of the debt came from the competitions that Wanderers participated in,” he said.
Former Wanderers defender Ojukwu Malunga asked the current administration to call for an indaba where former Nomads officials, players and well-wishers should brainstorm on how best to bail out the team from financial woes.
“The team is facing serious financial challenges and we need stakeholders to share ideas on how to support the team. Imagine there is a promotion [Noma Yanga Noma Yathu SMS] going on but it has not been supported. This is where as a club they need to call for an indaba to offer solutions to the predicament,” he said.