Moses Magogo, the Federation of Uganda Football Associations (FUFA) president, has time and again remarked that Ugandan football should continue to make its own money if it is to reach the biblical Promised Land.
Magogo repeated the remark during the drawing of lots for the 2018/2019 Stanbic Uganda Cup round of 64 function at Kampala Serena Hotel on Monday, where the bank announced a Shs120M bounty in cash prizes.
“Football as a game should make its own money. As it is now, we are working hard so that football makes its own money,” Magogo said.
“We want to make Ugandan football first in Africa on and off the pitch and to achieve that, money needs to be invested in the game by stakeholders like Stanbic Bank,” he added.
“And we are grateful for their sponsorship which is helping to revive football across the country, otherwise football would be useless without external stakeholders. We will continue to sell entertainment and to be more organized,” the ever invariably courteous Magogo added.
The winner of this year’s competition will walk away with Shs40M, the losing finalist will pocket Shs20M, while semi-finalists will take home Shs10M each.
The 2018/2019 season is ongoing, with pre-qualifier games taking place across the country in all the eight football regions.