Austin Eguavoen, Dream Team Coach, Resigns

Pained by the woeful performance of his boys, the Dream Team V, resulting in the crashing out of the Under-23 team, the coach of the team, Mr. Austin Eguavoen, has resigned.

The Dream Team  crashed out in the group stages of the qualifying 2012 Olympic Games in Morocco  after losing twice and winning once, finishing in third place.

Eguavoen, in his resignation letter, said he was moved to take the action after the team's inability to qualify for the London games.

In the letter to the Nigerian Football Federation (NFF), Eguavoen said: "I hereby resign my post as coach of the national U23 team despite all the support I received from the NFF. I'm so sorry I couldn't make it. I think it's just honourable for me to resign after failing to meet the set targets."

While expressing regrets over the dismal performance of the team and thanking the NFF and Nigerians for their support and the opportunity to serve, the coach said: "I apologise to Nigerians for our disappointing outing. I had confidence in this team; unfortunately it didn't turn out the way we wanted. I am deeply sorry.

"My contract is tied to this tournament with a target of reaching at least the semi-finals of the Olympics in London, but I have failed in that target. I thank every Nigerian for being there for me and giving me all the support needed for this tournament."