NEW Highlanders signing Joel Ngodzo was reportedly handed a two-year contract worth US$4 000 per season and a monthly salary that will surpass that of club captain Ariel Sibanda.
Ngodzo will reportedly take home US$800 per month to become Bosso’s highest paid player.
A source at Bosso said the move by the executive to offer Ngodzo monthly wages more than the club captain could potentially come back to haunt the club bosses.
“The club has already started accumulating a debt as a result of the signing-on fees for the new players. There was no budget for that kind of money and the decision to spend what the club doesn’t have will push it back into debt again,” said the source.
The other new players that joined the Bulawayo giants are Toto Banda, Pritchard Mphelele, Lynoth Chikuhwa and Keith Mavunga who are all said to have signed two-year contracts averaging US$2 000 per season each.
Bosso, through it’s South African supporters chapter, embarked on an ambitious debt clearance initiative that extinguished a ballooning $1 million debt.
The debt had been weighing down heavily on the club for years.
The financial situation at the club was greatly affected by the pulling out of principal sponsor NetOne at the height of the Covid-19 pandemic outbreak in the country.
Strategic partners – Arenel, Sanctuary Insurance and Eyethu Vegies – were roped in by the executive led by former chairman Kenneth Mhlophe.
Club spokesman Ronald Moyo said it was against club policy to discuss players’ contracts with the media.