Reports coming from United Kingdom have revealed that Arabella 21st Century, the sports promo/marketing company that made a proposal to invest $1.5 billion in the Nigerian Professional Football League is unknown to authorities in the UK.
Reports of an investigation attributed to BEN TV released by Diaspora Press state that the proposed investment by Arabella 21st Century has generated heated buzz in the UK since its announcement among Nigerian sports enthusiasts who are concerned about the reality of such investment coming from the UK or Europe at this time.
According to the report, the investigation carried out by BEN TV on Arabella 21st Century including reaching out to UK’s company registration body, Company House, did not show any result, adding that it did only show that UK Company House may not have any record of Arabella 21st Century in its system.
“Infact, the only known website for Arabella 21st Century, has its domain name suspended since September 30th 2016 for inability to renew it. The suspension of Arabella 21st Century domain name since September could have caused the panic among sports enthusiasts who felt a company willing to invest $1.5 billion in Nigeria but could not afford a few dollars, less than $100, to renew its domain name must be unserious or at best itself looking for survival strategy in Nigeria.
“The only known project with Arabella 21st Century was the award of a contract to manage the arenas for the 15th National Sports Festival by Ogun State Gateway Games Commission in 2006.
“How well did Arabella 21st Century perform in the task of managing that project can only be answered by Ogun State Gateway Commission,” the report stated.
The Report posited that the news of such investment is a welcome development and a relief to many followers of Nigeria’s Professional Football League adding that the amount which is staggering and capable of turning Nigeria’s sports around for the best and a huge step forward, will however be another blow to the Federal Government if it ended being another false hope.
“While we are not questioning the possible interest of Arabella 21st Century’s investment in Nigeria, we think the company and the proprietors need to sort out the company’s identity, make its presence known to UK authority, the Company House, if it is trading from the UK as we are made to believe and resolve its few bucks payment for its website domain renewal, at least for Nigerians to check them out and their profile especially in Sports and related projects management.” the report stated.
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