Tag: Ricardo Badoer

  • Team Managers Exit, Players Boycott Training, Wazito FC Suffer From Financial Woes

    Team Managers Exit, Players Boycott Training, Wazito FC Suffer From Financial Woes

    Former national team Harambeee Stars head coach Francis Kimanzi has parted ways with Kenya Premier League side Wazito FC following a string of poor performance.

    The Dutch-trained tactician was appointed by Wazito in November 2020 to become the seventh coach to handle the Ricardo Badoer-owned outfit in less than four years.

    Once touted as the French moneybags in Paris-Saint Germain due to its financial prowess, things have not been rosy at the team lately with reports of unpaid salaries to players in recent months.

    So dire is the financial situation at Wazito that after the Vihiga Bullets game, players have decided to boycott training session with others opting to leave the club during the mid-season transfer window, which  opened on January 9 and ends on February 15.

    The boycott now puts the team’s weekend clash against struggling Nzoia Sugar in jeopardy since in the game against Bullets, coach Francis Kimanzi had only 16 players at his disposal.

    Some of the players reported to have left the club are strikers Eric Gichimu, Maurice Ojwang’, Kenyan internationals Cliff Nyakeya, midfielder Kevin Kimani, Vincent Oburu among others.

    Ojwang, who crossed to Wazito from record league  champions Gor Mahia two seasons ago said that he has been forced to relocate to his rural home in Kisumu because of being broke and unable to pay rent among other bills.

    “I had no choice but to return to my home and engage in other activities as I look for another team. I couldn’t pay rent and meet my needs because I haven’t been paid for four months. It was a tough decision but I  rather stay here in the village and figure out how to survive,” said the 25-year-old defender.

    “I’m looking for another team and if the opportunity comes my way, I will go and pick my release letter from Wazito. The problem is that the management has been giving us false promises week in week out,” he added.

    He added that he left for the village empty handed and is yet to receive a penny from the club.

    In its heyday, the club, owned by flashy businessman Ricardo Badoer flexed its financial muscles by luring talented and big names from all clubs in the competition including Gor Mahia and AFC Leopards.

    Youth side gaffer Fred Ambani has taken over interimly as the team explores options of hiring a coach on permanent basis.

    The team lies in 16th place in the 18 table team with a paltry nine points from 13 games after going down 4-2 against relegation threatened Vihiga Bullets over the weekend.

    The experienced tactician under who Kenya achieved its highest ever FIFA ranking has also previously served as Mathare United and Tusker FC head coach besides deputising Frenchman Sebastian Migne at the 2019 Africa Cup of Nations finals in Egypt.

  • Aidos Kuneen Boss Ricardo Badoer Threatens To Sue Blogger Over Crypto Scam Claims

    Aidos Kuneen Boss Ricardo Badoer Threatens To Sue Blogger Over Crypto Scam Claims

    Wazito FC owner Ricardo Badoer has threatened to sue a Kenyan whistleblower site Kahawa Tungu over claims that he has defrauded Sh16B from investors in his Aidos Kuneen cryptocurrency platform.

    According to the blog post, the tough-talking Swedish tycoon has allegedly withheld assets totaling up to Sh16 billion from the Japanese investors.

    The victims additionally claim that after constantly bugging him with questions regarding their funds, Badoer blocked all communication channels that lead to his access and that of the company.

    “Most of the investors are Japanese. He has withheld their assets and blocks anyone on Twitter or Aidos Market Telegram who asks about their money,” the source told a local tabloid.

    In this case, it is like a bank denying customer withdrawals for fear of client panic withdrawals similar to what happened to Chase bank or almost with Family Bank some time back.” reads the claims on the blog.

    Chase Bank was run down due to bad internal loans and a bank run ensued when panicked depositors rushed to empty their savings.

    As of the publishing of this post, Badoer’s crypto market announced an unprecedented suspension of activities.

    In a statement published on Twitter, Aidos Kuneen apologized for taking the network down and claimed it was due to an ongoing migration plan.

    “Due to potential security bug found in the old Address format, we need to take the network down for a few days to work on the migration plan to the new format,” they wrote.

    User questions security of platform.

    Ricardo who owns Badoer Investments is active is sports, financial and news field according to the website. We’re told he holds stakes in Business Today, a local news website.

    Apart from Wazito FC, Badoer has made inroads within the region including Tanzania where he pumped in over TSh2.2 billion ($1 million) into Arusha-based Hakika Microfinance Bank (Hakika MFB).

    He also bought The ALTX East Africa Exchange, a securities exchange company in Uganda.

    He was also an investor in Shona EPZ even though it appears they fell out. From his uncensored tweet.

     

    Mr Badoer also invested $1 million (Ksh100 million) in Sumac Microfinance Bank to purchase a 15.6 per cent stake in the firm based in Nairobi, Kenya, in the recent past. He however got into loggerheads with the firm’s board and was eventually kicked out.

    Known for his erratic behavior, Ricardo has vowed to go after the blog that reportedly blew up a cover on him. “Is unbelievable how stupid you can be!! Making shit up!!! My lawyers will fix.” He said of the blog.

     

  • Wazito Football Club Launches Their Luxurious Bus the First In Kenya’s Premiers League

    Wazito Football Club Launches Their Luxurious Bus the First In Kenya’s Premiers League

    Wazito FC that currently plays in Kenya’s National Super League has launched their new bus.

    Wazito FC was launched in 2011 by the University of Nairobi football team and the alumni.

    Multi-Billionaire Ricardo Badoer, Wazito FC manager and owner had boosted after photos of their bus leaked online over the weekend.

    The Brand New Germany made Mercedes bus will now be the official ride of Camp Toyoyo based NSL club.

    It’s not the first time Wazito FC owner has done magical things.

    Earlier, he fired the entire Wazito FC technical team via a tweet after they ‘neglected’ players and his orders.

    This year, Wazito FC Tycoon owner also invested in a local industry that will unveil their locally made jerseys soon.

    Currently Wazito are leaders of the Nation Soccer league with 69 points.

    The super classy Mercedes bus is another Ricardo Badoer successful investment after his online streaming services under a brand name of MADGOAT TV were allowed by Sportpesa and certified by the government.

    Madgoat TV which is only available Online, has been streaming Wazito matches in the past two months.

    This week, Ricado Badoer, the owner of Sumac Bank and executive director of Aido-Kuneen [Madgoat TV], signed a ksh100 million sponsorship of local basketball teams.

    Ricardo Badoer was amongst top personalities that was to be appointment by President as Sports minister replacing the fired Rashid Echesa.

    He has also said his first class one of the kind stadium blueprint is out and ready. The project that could be launched in less than 3 years.
    https://mobile.twitter.com/Donrico77/status/1103619854324633601?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fd-6720530101063886545.ampproject.net%2F1905140117570%2Fframe.html
    Here are more pics of the Super Mercedes Wazito FC bus