BAD DEBTORS: Past sins catch up with Dynamos as US$10k player debt haunts club
PAST transgressions seem to be catching up with Harare giants, Dynamos as they are entangled in a player debt conundrum with Aces Soccer Youth Academy being owed more than US$10 000 in arrears by the Premiership side.
Dynamos, in 2019 signed three players from Aces who were valued at USD$1 500 per player.
The Harare giants promised to settle the debt they owed to Aces in 2019 but failed to honour their end of the bargain.
With football bouncing back from Covid-19 induced hiatus Aces and Dynamos agreed to renew the contracts for another year with each player having increased in value of US$2 000.
Just like the previous year DeMbare failed to settle the transfer fee accumulating to US$10 000.
Aces are also infuriated with the silence over the arrears, with Dynamos illegally fielding Emmanuel Jalai in the current season without an agreement.
Falling into Aces’ debtors book is another Castle Lager Premier Soccer League side, Black Rhinos who have not honoured a transfer fee of Philip Gweva amounting to US$1 000.
Piling further misery on Aces is Harare City which has not settled a US$2 000 loan fee for Arthurnacius Jena.
The debts from the top clubs are proving to be cumbersome to the football hub that has produced some of the finest players in the county.
In a letter written by the academy gleaned by NewZimbabwe.com, Aces is seeking intervention of the mother body for the clubs to settle the transfer fees.
“Due to our Director’s being on the SRC Board, we have held back from taking legal action against these Clubs, but it has become obvious that they are taking advantage and abusing our goodwill.
“Besides, we believe that through these actions, they are contravening FIFA Club Licencing regulations. We hope that your intervention will bring closure and avoid the need to escalate,” read the letter. — NewZimbabwe