A chairman of a popular local football club will be auctioned for failing to pay over 150 million loan.

A chairman of a popular club in the country is in deep financial strain due to personal loan he acquired sometimes back. The loan is running into millions of shillings. The debtor who has finally become impatient with the popular chairman is said to have issued notice of duress with the said chairman.

The debtor is feeling the heat because since covid – 19 arrived in the country, the chairman has not been able to pay any outstanding fees or to clear the loan because its alleged that some of the money he was using to service the loan were coming from gate collection.

The debtor is planning to attach his lucrative properties within the city and around the city. Once the properties have been attached if he fails to pay the outstanding monies then his properties will be auctioned.