Lead Image

VfL Wolfsburg’s Obafemi Martins controls the ball during their Champions League soccer match against Besiktas in Istanbul Photo:REUTERS

Martins denies owing £300,000

Print print Email email Share Share


Super Eagles striker Obafemi Martins who presently plays for VFL Wolfsburg of Germany said he engaged NVA management limited to manage his finances but dismissed claims that he was owing the company £300,000 in unpaid management fees.

According to Newcastle Chronicle, the Nigerian forward told the court he was too busy playing football to chase his former club in England, Newcastle, for the £450,000 a year they owed him for his image rights.

The background

According to the paper, the Nigerian international said back in 2007 he banked his £239,224 a month salary but never got around to collecting bonuses for his image rights - or any of the money for sponsorship deals he had signed up to, which raised his earnings to £3.3m a year. He was giving evidence at the High Court in London on the second day of a £300,000 claim against him by the management company, NVA, for the work they did to bring in cash for him.

The 25-year-old was sponsored by Pepsi, Nike, Peak Milk, and mobile phone company Vixen.

Martins told Judge Richard Seymour QC: “I was busy playing football and did not go to them and ask for my money.” He said Chris Nathaniel, director of NVA, then came into his life and said he would get the money for him.

The deals were already all in place and the money was there for him -he just never got round to asking for it he added.

Shearer shirt too important

Martins said taking over Newcastle legend Alan Shearer’s number nine shirt was “very important” for him but “I just wanted to play football.” He said football is “my life and I am good at it and people love me for what I am doing.” If he needed more money he could ask friends to get it for him, and he said he never asked Nathaniel to do these things for him but he had done so anyway and Martins had paid him.

NVA claims

But NVA claims that under the deal he signed in July 2007 he still owes the company around £300,000. The court heard that someone from NVA travelled to Nigeria to pick up 30,000 US dollars in cash from Pepsi, and when they gave it to Martins he handed back 10,000 dollars to NVA.

The company also claims it got Newcastle to pay the £450,000 a year promised for image rights and chased up all the other sponsorship deals.

The court heard that they got him $50,000 from Peak Milk plus 16 cartons of milk four times a year, 200,000 euros from Nike plus 5,000 euros of Nike kit a year, $60,000 a year from Pepsi, plus “reasonable supplies of Pepsi”, and $100,000 dollars from Vixen plus two mobile phone packs. Robert Temmink, for NVA, said until the company came on the scene Martins was only getting his basic money from Newcastle.

He claims the footballer asked them to obtain the rest of his money.

Martins said: “I did not ask for it because I did not have the time. But it was all there for me.” The striker says he paid the company what he owes and is fighting the claim. The hearing continues.

Back
Dear reader.
While we value your feedback we have to moderate them, so your comments would appear in a maximum of one hour. Please feel free to return and read through again after another user may have replied to what you have said.
Please note that 234NEXT.com bears no responsibility for what readers post, and is not liable for any form of impersonation.

Reader Comments (3)


Posted by Mecome on Nov 23 2009

If the money was there and the poor boy had no chance of running after it, but kept on running after football, WHAT this fuss all about. The management company should tell us whether they were managing Obafemi or his finances or managing his achievement & sweat? This is the case of robbing Peter to pay Paul. I am sure the job was given to a foreign company hence this fuss. he may not ordinarily trust Nigerians, I advice he engaged his Mum. Oh sorry, she is dead. Who will bail the cat NOW. Come on look no further, Marry & let your wife manage you. Both at home & in other places. FOOD fot thought.



post a comment

Your name: *



* = Required information