Badagry, Lagos – The Badagry Division Football Association (BDFA) has released its financial statement for the 2024/25 football season, reporting a total income of ₦19.19 million against an expenditure of ₦21.08 million.
According to the breakdown, the RAK League 2025 provided the highest revenue with ₦11.55 million, boosted by a ₦10 million sponsorship from the RAK Foundation. Other inflows came from the Akran Cup 2024 (₦1.85m), Chekas Kids Cup 2025 (₦1.32m), and club/tournament affiliations which yielded ₦1.94 million.
On the spending side, tournaments and administrative costs were the biggest outlays. The RAK League alone consumed more than ₦7.8 million, covering logistics, officiating, media, the closing ceremony, and prize money. Beneficiaries included Emaljus FC (₦500,000), JP Youngstars (₦300,000), and Great Stars Amazon (₦300,000).
The Akran Cup 2024 accounted for ₦1.41 million in logistics, with prize money distributed to New Era FC (₦200,000), Youngstars FC (₦150,000), and Smiler All Champions (₦100,000). Secretariat operations, which included office rent renewal, salaries, welfare, and equipment, cost the association over ₦4 million.
In addition, ₦566,000 was spent on seminars and workshops such as the Rising Stars Seminar and the FCAAN F-Course, both targeted at grassroots football development.
Despite healthy sponsorship support, the BDFA ended the season with a deficit of almost ₦2 million. The financial report has been forwarded to the Lagos State Football Association, RAK Foundation, Akran Palace, and other stakeholders for review, with discussions expected on ensuring more sustainable funding for grassroots football in the division.
