Kunle Soname @ 60: Nigeria’s First European Club Owner Proving Private Investment Can Transform Nigerian Football

Kunle Soname

On 27 April 2026, Kunle Soname quietly turned 60. Few lives in contemporary Nigerian history carry the weight, or the reach, that his does. He built Bet9ja into one of Africa’s largest gaming platforms; became the first Nigerian to own a European football club; launched an airline; co-founded a bank; guided Remo Stars FC to a Nigeria Premier League title; and championed women’s football.

Beyond these milestones, he has built institutions that create pathways for young people, turning talent and energy into opportunity, and setting a blueprint for private investment in Nigerian football.

Roots, Schools, and the Making of a Mind

Born on April 27, 1966, in the serene town of Ikenne-Remo in Ogun State, Oluwadamilola Kunle Soname came into the world as the last of seven children born to Matthew and Rachel Abisola Soname. His parents were not wealthy, but they were principled. His father, an ardent lover of football who would walk kilometres to watch matches at the University of Lagos, instilled in Kunle the twin values that would define his life: character and passion. His mother, Madam Rachel Abisola Soname, whose lavish 90th birthday Kunle celebrated in a gathering graced by legends like King Sunny Ade, remains a figure he reveres without reservation.

His early education unfolded across Lagos and Ikenne before secondary schooling at Federal Government College Lagos, Government College Eric Moore, and Baptist Academy, Obanikoro. In 1983, he gained admission to Obafemi Awolowo University, Ile-Ife, graduating in Estate Management in 1988, then served the NYSC in Plateau State. By 1996, he had earned an MBA in Marketing Management from the Lagos State University Business School, building a rare triangulation of property, commerce, and governance that would later fuel one of the most diversified careers in Nigerian enterprise.

Eight Years of Leadership

Nigeria’s return to civilian democracy in 1999 opened a new chapter for Soname. By 2003, he had been elected Executive Chairman of the Ikosi-Isheri Local Council Development Area in Lagos State — a role he would serve with distinction for two full terms, ending in 2011. Among his visible achievements was the successful reconstruction of the Border Stadium at Olowora, Isheri. But it was a quieter initiative that would have the most lasting impact. Faced with escalating youth crime in his local area, Soname turned to football, organising community kickabouts that drew hundreds of young men off the streets. The result was immediate and revelatory, crystallising a conviction that would shape everything he built thereafter.

Remo Stars: The Football That Built a Community

In 2004, during his tenure as local government chairman, Soname founded FC Dender, a grassroots club named in homage to a Belgian club partnership, in the Ketu area of Lagos. The goal was not trophies but transformation: keeping youth off the streets through the discipline and belonging that football provides. When he left public office in 2011 and the partnership that sustained the club’s name ended, he faced a choice. He made it without hesitation. He relocated the club to his hometown of Ikenne, rebranded it Remo Stars Football Club to represent all 33 communities of the Remo Kingdom, and committed to funding it privately. He built the Remo Stars Stadium in Ikenne, today a complex featuring a 5,000-capacity main bowl, three training pitches, a sports clinic, and residential blocks for over 100 players. In 2026, its hybrid synthetic pitch became the first in Nigeria to receive FIFA Quality Certification. He also established Beyond Limits Football Academy, which became an accredited junior secondary school integrating formal education with elite training. The academy announced itself to the world in 2024 by becoming the first African team to win Italy’s prestigious Viareggio Cup, followed by the Gothia Cup in Sweden in 2025.

The senior team’s journey was equally relentless. After promotions, relegations, and back-to-back runners-up finishes in 2023 and 2024, Remo Stars claimed the 2024/25 Nigeria Premier Football League title, the first privately owned club to do so in over 20 years, a feat recognised formally by President Bola Tinubu as a benchmark for private investment in Nigerian sports. He also established Remo Stars Ladies in 2022, which qualified for the NWFL Super Six playoffs in the 2024/25 season, completing a full football ecosystem at Ikenne.

“What you don’t invest in youth development, you will eventually spend on security. It is far more productive to invest in young people early on.”

From Ikenne to Santa Maria da Feira: Nigeria’s Flag in Europe

In 2015, Kunle Soname did something no Nigerian had done before: he acquired a 70% controlling stake in Clube Desportivo Feirense, a Portuguese second-division club founded in 1918 and based in the historic city of Santa Maria da Feira. His rationale was both strategic and sentimental. Portugal, he observed, was the only country in Western Europe with no registration limits on non-EU players, making it the most accessible gateway for African football talent to enter the European game. This was not a vanity purchase; it was an infrastructure play, designed to create a pipeline for African players into the upper tiers of global football. The acquisition earned him formal recognition at the University of Lagos, where he was inducted as a patron in 2022 in recognition of his contributions to sports and philanthropy. His ownership of two clubs simultaneously, Remo Stars in Nigeria and Feirense in Portugal, gave him a comparative lens that consistently informed how he operated: European financial accountability and structural discipline applied, methodically, to the Nigerian context.

“Football is not only about winning but an activity to experience and relish.”

Bet9ja: The Bet That Changed Nigeria’s Gaming Landscape

In November 2011, barely months after leaving political office, Soname and his business partner and best friend Chuka, whose name provides the ‘C’ in KC Gaming Networks Limited,  incorporated the company that would change Nigerian sports betting forever. By September 10, 2013, Bet9ja was officially launched. The strategy was deliberate: rather than leading with a pure digital play, Soname first built physical presence, trained agents, betting shops near viewing centres, and offline infrastructure that met Nigerians exactly where they were. He secured licensing from the Lagos State Lotteries and Gaming Authority before the brand became visible, choosing credibility before scale. By 2016, monthly turnovers had reportedly crossed $10 million. Between 2015 and 2019, Bet9ja secured a landmark N200 million sponsorship of the Nigerian National League. Then came the headline partnership — the $3 million sponsorship of Big Brother Naija’s Pepper Dem season in 2019, which delivered the brand to every television-watching household across Africa. Today, Bet9ja boasts over 10 million users and annual revenues exceeding $750 million, making it Nigeria’s largest sports betting platform.

“I am a sports lover but hate violence when talking football. Rather I’d advocate that you put your money where your mouth is. Hence, Bet9ja.”

ValueJet and a Diversified Empire

Bet9ja and Remo Stars are the most visible pillars of Soname’s holdings, but they represent only part of the edifice. In 2018, Soname founded ValueJet Airlines, registering it in July of that year with a four-year runway before commercial operations began. He entered the aviation sector not on impulse but on diagnosis. His reading of the market was precise: only about five percent of Nigerians could afford to fly, leaving a vast, underserved majority grounded by cost. He entered to reach the other ninety-five percent. After securing its Air Operator Certificate from the Nigerian Civil Aviation Authority and building an initial fleet of Bombardier CRJ900 jets, ValueJet launched commercial operations on October 10, 2022, with inaugural routes out of Lagos to Abuja, Port Harcourt, Asaba, and Jos. 

“We have identified a niche in the sector — the need for fair pricing amidst the rising cost of commercial aviation to the average customer. Our mission is to reinvent air travel, underlined by our payoff line: Wings for Everyone.” 

By early 2023 the airline had achieved a ninety-five percent on-time departure rate and was expanding to Yola, Benin, and Kano. In February 2024, ValueJet made a particular kind of history by operating the first commercial flight from the newly built Gateway International Agro-Cargo Airport in Iperu-Remo, Ogun State — bringing scheduled air connectivity to Soname’s own home region for the first time. His management approach in aviation mirrors how he runs his other institutions: he built the structure, hired the professionals, and stepped back. ValueJet is led operationally by CEO Captain Omololu Majekodunmi, with Soname maintaining the strategic vision and corporate governance oversight.

Beyond aviation, Kicker Farm and Processing Limited operates a poultry processing business in Abeokuta; Ceramco Trading Limited manufactures porcelain tiles in Ogun State; BLFA Hotel serves guests in Ikenne; and Optimus Bank, Nigeria’s digital-first bank, counts Soname among its co-founders. Each venture is a thread in a larger tapestry — one woven by a man who thinks in systems, invests in institutions, and measures success not by personal aggrandisement but by structural impact on communities and the Nigerian economy.

“If you expect success, you must put in genuine effort. God will not reward laziness. But when you combine hard work with faith, things have a way of working out.”

Honours and Philanthropic Engagement

Kunle Soname carries his recognitions lightly, much as he carries his achievements.

In May 2023, the Federal Government of Nigeria conferred on him the Officer of the Order of the Federal Republic (OFR), one of Nigeria’s most prestigious national honours, in recognition of his contributions to sports development and enterprise. The same year, the Excellence Recognition Awards named him Sports Personality of the Year, acknowledging a track record that had by then reshaped the landscape of Nigerian football and gaming. In 2022, the University of Lagos had inducted him as a patron, in acknowledgement of his philanthropic investments and his decade-long role in elevating the country’s sporting profile internationally. He has also received formal recognition from President Bola Tinubu, whose administration cited Remo Stars’ 2025 NPFL title as a benchmark for what private investment can achieve in Nigerian sport.

His philanthropy is neither reactive nor ceremonial. When COVID-19 brought Nigeria to a standstill in 2020, His COVID-19 response in 2020 was immediate and generous: he distributed over 10,000 food packs across Remo communities — Ikenne, Sagamu, Ilishan — and donated 200,000 test kits to the Nigeria Centre for Disease Control at a moment when testing capacity across the country was critically stretched. Ahead of the 2024 Paris Paralympic Games, he donated ₦25 million to the Paralympics Committee of Nigeria for athlete preparation. His rewards for excellence are equally intentional: following the 2024/25 NPFL title win, he gifted ₦42 million across the club — ₦25 million to the senior men’s squad, ₦10 million to Remo Stars Ladies, and a brand-new GAC SUV to midfielder Olamilekan Adedayo for his decisive contributions to the historic triumph.

The Bet9ja Foundation, the formal vehicle for his broader social giving, provides women’s scholarships, vocational training, and healthcare access in underserved communities. His annual Christmas celebrations for primary and secondary school children in rural areas — arriving with entertainment, games, and treats that many of these children will have never experienced before — complete the picture of a man who measures impact not in press coverage, but in changed lives.

The Man Behind the Mogul

Kunle Soname does not court the spotlight. He rarely trends on social media, yet his footprint is everywhere — in the betting shops on Lagos street corners, in the green-and-white Remo Stars jerseys, in the ValueJet flights connecting Nigerian cities, in the scholarships that have changed young women’s lives in communities most people will never visit. 

For Southwest Nigeria’s youth, and for Nigeria’s next generation of builders, Soname’s life offers a masterclass in what the business schools rarely teach: the long game. He built institutions, not moments. He invested in football as social infrastructure and sport as a bridge between communities and opportunity. He bet on his country when the odds were uncertain, and he won — not just for himself, but for everyone his work has ever touched.

Kunle Soname is happily married to Kemi Soname, and their union is blessed with a daughter, Erioluwa.

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