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Fiji Time: 5:16 AM on Wednesday 22 May

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Huge debt worry officials

Zanzeer Singh
Saturday, January 26, 2013

THE Nadi Football Association recorded a deficit of $30,325 for the financial year ending last October.

This when added to the accumulated balance brought forward from the previous year amounts to $105,304.

A total of $125,807 is owed to creditors.

The financial report accounts were presented during the NFA annual congress on Thursday.

Life member and former NFA president Doctor Hari Kewal expressed disappointment with the financial status of the district.

He said Nadi soccer was in the red with no recommendations as to how the amount would be cleared.

Dr Kewal said a lot of money had been spent over the years without much success.

"We have not won a single major local title in the past decade," Dr Kewal said.

"Now there is a huge debt left for someone else to settle. No recommendation has been made as to how this will be cleared."

Navneeda Gounder who was elected as the new NFA president said he would call a council meeting to address the issue.

He said the debt was alarming.

The financial report in the previous annual congress had been passed.