The dark days could be over for Kenyan Premier League side Nakumatt FC as they have been bought off by a local City politician.
The Cash-strapped Nakumatt FC finally found some new lease of life after being taken by politician Francis Mureithi who contested for the Embakasi East parliamentary seat in the 2017 general elections.
The shoppers who have been facing tough financial times since late last year may change its name from Nakumatt FC to Mount Kenya Football Club after Mureithi completed the purchase of the club from now defunct Super Market retain chain, Nakumatt Holdings.
According to a sworn affidavit seen by Kenya Live News, Francis Mureithi settled in the deal with Nakumatt Holdings Limited, the parent owner of the club and now has full control over the club together will all its assets.
The Nakumatt Football Club Patron Neel Shah in the sworn affidavit confirmed the sale to Mureithi:
“A sale agreement dated the 10th day of April, 2018, Nakumatt Football Club was sold to Mr Francis Mureithi for value and with all its assets and liabilities duly transferred. That consequently, Mr. Francis Mureithi took over the ownership of the club and neither Nakumatt Holdings under Administration nor myself have any existing or future claims in respect of or against Nakumatt Football Club” read the affidavit
Francis Mureithi contested for the Embakasi East parliamentary seat during the 2017 general election and lost to outspoken Babu Owino but later successfully contested the win in court.
It is not yet clear how much the businessman cum Politician paid for the club.
Nakumatt had signed a galaxy of stars last season that helped them earn promotion to the top league but financial turmoil affecting the parent holding company Nakumatt retail chains soon crept their way to the club with an effect of cash becoming scarce leading to unpaid salaries and bonus for the players.
The lack of financial motivation has had an adverse effect on their performance and they have lost five matches on the trot. With new financial breath coming their way, the club will now fight its way to get off the relegation zone.
“Our target remains, we want to work harder and finish among the top five by the end of the season,” club chairman, Bernard Mosomi, who was retained in his position confirmed.
They will be playing Kariobangi Sharks later on this afternoon from 2pm in Machakos.