NFF’s 5.9 billion Naira budget for 2016

Anyone who wants to spend $30 million on football must have more than $30 million otherwise it should not be called a budget. Budgeting is making sure you are spending less than you are bringing in and planning for the short and long term. The Nigeria Football Federation just released a budget proposal of N5.9 billion, which is about $30 million. I am happy that we have a budget, but unhappy because we do not have revenue numbers. We have revenue sources but no figures as to what they will contribute to us spending this amount. The named revenue sources are the federal government, Fifa/Caf, GLO and Guinness. My University of Texas spends (budget) $25 million a season on its American football programme, but has a revenue base of $103 million, making it the most profitable football program in America. The University of Alabama has the highest American football budget of any school ($36 million), but has a smaller revenue base than Texas - $83 million. Hope you get my gist, budgets