“Ethio-Electric club is in dangerous cross road” Hailu Woldu

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The 60 year old Electric FC is said to be in a dangerous cross road of losing its existence unless otherwise an immediate action is taken by the Board of directors that comprised of the two institutions that are Ethio-Electric Power and Electric Utility. In his brief stay with ETV sport program Hailu Woldu stated that the club participating in the 32 sides Ethiopian Super League since three years is in critical situation for there appears no one is responsible for what is going within the club despite an annual budget of nearly one hundred million Birr.
Former Electric player, currently an administrative manager at Electric Utility who is running for Addis Ababa Football Federation Executive body told ETV sport that the current situation is part of the partition of the giant Power Corporation in to two different government institutions: Power and Utility.
According to Hailu both Chief Executives are enthusiastic in supporting the club pumping in more than 80 million Birr annual budget. But the once famous football club is struggling to survive due to lack of proper guidance from the board of directors dominated by individuals from the Utility. “Major decisions are taken without the knowledge of the full Board members” Hailu remarked.
Insiders disclosed that the chairman of the board of directors and Utility Human Resource Executive Essayas Dembel has submitted his resignation amidst a corruption probe by internal audit. “I am not sure but I heard Essayas is no more active in the decision making” Hailu stated in his interview.” There are so many actors surrounding the club administration pocketing good salary and yet it is ruining day after day” Hailu added.
Sacking the first team coach Anwar Yasin following a huge rejection from club supporters for poor results, former player turned Coach Gulelat Ferde named a makeshift coach for the club ten points behind the group top spot.