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Football Academy Business Is Profitable If Only… We Use Our Own Money To Sponsor Players In Our Academy- Hamidi Sulaimon Admits

Chairman and CEO Right Academy Football, Hamidi Sulaimon and Jide-Ojo RGS MD at the Agege Stadium

Chairman and CEO of Right Academy Football, Hamidi Sulaimon has stated that his academy uses its own funds to sponsor and help develop the players.

Sulaimon, who is also one of Team Lagos Boys Coaches admitted that his football academies don’t profit from the players, until these players mature, developed, and are signed up by club sides abroad before profits could be realized in the club.

In a chat with Sports247 when being asked if his football academy (Right Football Academy) actually realizes profits from the academy, looking at the fact that a lot of academies is now being created here in Nigeria, the President admitted that his football academy doesn’t make profit from the academy, stating that the academy uses its funds to sponsor the activities of the players and that profit could only be realized when these players mature to a certain age bracket, as well as in their growth and development, being transferred to club sides abroad, only then would profit be made.

“There is no any profit there unless when the players get to 16 or 17, they have a good contract, a good intermediary who watches one or two players from the academy, and sees the skills and football abilities in them, or maybe offers from Europe for a player, that is where we get profits from.

“But the U8, U13, U17 academies, it is we that are sponsoring them, using our own money. Most good players don’t have money, even their parents don’t have money, it is we that are sponsoring them”, he admitted.

Samson Tijani is one of the players that passed through the academy and Hamidi Sulaimon is the Chief Executive Officer, Chairman, and President of Right Football Academy, based in Lagos, Nigeria.