Remaining BCL employees rescue Nico

Friday, May 12, 2017

bwpl

Nico plunged into financial turmoil last year when BCL Mine was placed under provisional liquidation, which saw the club fail to shell players’ dues.

The team’s wage bill stands at P80,000 per month and the club has gone for four months without paying its players and has also been defaulting on utility bills. Their transport is no longer free as it used to be under BCL because now the liquidator has to protect the creditors’ assets.

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