Hmmmmm, this thing ehn..... Africa what's up na.... When we go fit get this kind things na, so that one person no go just dey call the shot anyhow....... .....
China don wake up, India don wake up.... Wetin we still dey do, make we start to do our own, even if its bad, let's just start, we go dey fix am dey go till e better..... We need our own native tech from scratch o.... Make God no let us see wahala with some countries oh, problem go dey o..... It is well o
You see what I said yesterday. He could've said everything here without bringing in the fact that it's something others will "kpai themselves for". Nigerians are very somehow.
Yesterday someone was talking bout Enugu and started comparing to Nnewi.
When I said it I had an igbo person tell me it's a Yoruba thing and a Yoruba person tell me it's an Igbo thing.
Doing pretty much exactly what I said we do. Always comparing and competing. Even when it doesn't make sense.
Let me shock you in a minute.
The two most valuable clubs in La Liga have no shareholders, no owner and no private equity firm behind them. They are owned by their members. And they have been, since before any of us were born.
FOr example, in practice, Florentino Perez did not buy Real Madrid. Neither did Joan Laporta did not buy Barcelona. They ran for the job, campaigned, and won votes. And the same people who voted them in can vote them out.
That is the socios model in Spain. And it is the ownership structure that has quietly defined the most powerful clubs in Spanish football for over a century.
A "socio," which translates roughly as "partner," is a dues-paying member of the club who collectively owns it alongside tens of thousands of others. There are no shareholders, no dividends and no controlling stake held by any individual or corporation.
The club belongs to its members and is run by a president they elect on a mandate they can remove.
Like I said yesterday, the four clubs still operating under this model in Spain are FC Barcelona, Real Madrid, Athletic Club de Bilbao, and CA Osasuna. Each applies the model differently but the legal and governance structure is the same across all four.
Barcelona has over 140,000 socios as of 2025, having added 10,619 new members in the 2024-25 season alone, the highest number under the current board. Real Madrid has a publicly stated 95,000 socios as of 2024.
Athletic Club adds a dimension that makes it arguably the purest expression of the model anywhere in world football. Since 1911, the club has maintained a policy of signing only players born in the Basque Country or who learned their football in a Basque club.
That is not just member ownership. They have written member identity written into the transfer policy. Athletic Club is one of only three clubs, alongside Real Madrid and Barcelona, never to have been relegated from La Liga, which makes the achievement all the more remarkable given the self-imposed constraints on recruitment.
Osasuna, based in Pamplona, is the smallest of the four. Its significance in this story is largely symbolic. It is proof that the model is not exclusive to the richest clubs.
Despite all of this, the practical limits of the socios model are real. Under this structure there are no dividends and all revenue must be reinvested in the club. Think of it like a hybrid of a company limited by guarantee and a non Governmental Organization.
No private equity firm can inject capital overnight and no individual can write a cheque to close a gap. The club grows at the pace its revenues allow, which is why Barcelona's debt crisis of the early 2020s was so damaging.
A member-owned club with no external safety net has nowhere to turn when it overspends except its own future earnings.
And yet the clubs that were never forced to convert remain the most powerful in Spain. The model does not guarantee financial discipline, as Barcelona's recent history shows clearly. But it does guarantee something the SAD model cannot. The club remains the club's.
Hope you have learned something today.
My name is Ajoje. I am a FIFA Licensed Agent and International Sports Lawyer. I write on the Law and Business of Football, a lot. Repost and Follow if you want to read more posts like this.
Fun Easter fact, since the Gospels recorded that there was an earthquake when Christ died, archeologists have checked the sediments which show evidence of earth quakes and it turns out there were two dates when there is clear evidence that an earthquake happened that also fall on Passover eve during the reign of Pontius Pilate:
Friday April 7, 30 AD
and Friday April 3, 33 AD.
When astronomers check planetary records it also turns out that the second date April 3, 33AD also records a “blood moon” which is a partial lunar eclipse.
So given both records, the strongest evidence for the day of the Crucifixion based on the earthquake and the lunar eclipse is April 3, 33AD during the last three years of Pilate’s governorship of Judea.
Happy Easter, everyone.
12 Midnight tonight! The album NEW WINE will be available on all digital platforms...
Who's excited? Kindly spread the news...
This album is so Special!
Preview of coming attractions 👇🏽
@Maliqifeoluwa No steady water supply? Manual (twin-tub) works better you control water and power use.
Have steady water? Automatic offers convenience and better fabric care.
The best choice depends on your environment, not hype.
Full guide: https://t.co/5kqOp3fkNk
One of the mantras of my life is never to love God's work than loving God Himself...
The work is only an overflow of my love for Him.
That's where exploits begin from!
7 days of teaching and showing True Worship, starting from tomorrow, Friday, 16th of January to 22nd of January.
9pm to 10:10pm(wat) on Instagram and YouTube!
Join me and these seasoned servants of God as we unravel The Tabernacle of David!
Tell everyone! See you there!
How does a university math lecturer with just 15 students in a living room build a spiritual movement that reaches 30 million people? 🌍
In this premiere episode of The Visioneer Series, watch my untold origin story - From @UnilagNigeria Flat 2.
https://t.co/rKuWM2IVbO