Nairobi City Stars in search of buyer

Is Football Kenya Federation Premier League (FKFPL) side Nairobi City Stars on sale?Mozzart Sport has found out that club chairman Jonathan Jackson is looking for a buyer for the club.Jackson who bought the club in 2019 is reportedly seeking Ksh 35 million to let go of the club according to various sources close to him and people he has spoken to.“Running football in Kenya has become very expensive and with no returns expected, any investor would feel the pressure. For this reason, Jackson has been seeking to sell off the club but has not found a buyer yet,” “One of the things that is delaying the move is the Sh.35 million he is seeking. Many people feel it is too much,” one of the people aware of the move revealed.Another source in the club admitted the high cost of running the club is the reason the team did not register to take part in the on-going Mozzart Bet Cup.##NAJAVA_MECA_7992043##Last season, the club reduced its budget by half and in the end had to let go of some experienced players who came with high demands in terms of salaries and allowances.The Jonathan Foundation took over the club in 2019. At the time, the club had been solely run by Peter Jabuya for close to 10 years.Mozzart Bet Cup: KCB to face Kakamega Homeboyz as quarter-final pairings are revealedThe team had been in the National Super League (NSL) by the time it was being sold to the Jonathan Foundation.Ever since they took over the club, the Foundation has not been able to acquire a shirt sponsor.With running costs of a club in a season estimated to be upto Ksh 100 million, managing a club without a shirt sponsor is becoming a very expensive affair.Currently, the clubs are guaranteed at least Ksh10 million from the broadcast sponsors, something that eases the burden a bit.

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