Two - time Nigeria champions Bendel Insurance are on the brink of bankruptcy, a top player who starred for the Benin based outfit last term has told <b>allnigeriasoccer.com</b>. Thus, the club's participation in the 2012 - 2013 season is shrouded in mystery.<br /><br />''The management can not make it official yet, but I can tell you that the club is dead. We (the players, ed) don't care if they are no longer in existence because we played on empty stomachs throughout last season. <br /><br />''Insurance owe me eight months wages totaling =N=240,000. Some players, depending on their length of stay with the club, are owed =N=400,00, others =N=640,000,'' the source informed <b>allnigeriasoccer.com</b>.<br /><br />Bendel Insurance were relegated from Nigeria's top division at the end of the 2007 - 2008 season. And since then, the 'Pride of the Mid-West' have struggled with financial problems due to neglect by the&nbsp; Edo State Government.<br /><br />&nbsp;<br /><br /><br /><br /><br />