Startimes FUFA Big league side, New Villa on the verge of collapse and may not take part in the second round of the League which will commence in mid Jan.
Reliable sources from the club confirmed to The Touchline Sports the shocking developments at the Club on Wednesday evening.
Information reaching our desk indicates that New Villa boss, Moses Kangave Jr. has run bankrupt after being conned by unknown crypto currency global agents and may nolonger manage to run the club.
Further developments indicate that the Club has already sold-off their only transportation means, a Costa minibus which was used to ferry players and staff during matchdays as a means to clear off monies owed by the staff. However, the debt was still not fully settled.
It has been proven beyond reasonable doubt that the costa (bus) New Villa has been using has been sold off.
A Source revealed.
On top of that, even the little that assets which had remained were stolen by the workers. The MD has been declared bankrupt and can not manage to run the club at big league level. He was conned by crypto currency globalization which is trending on social media nowadays.
The source added.
New Villa sit second from bottom in Rwenzori group of the FUFA Big league with 6 points collected in 8 games.