Sports
Wanderers want sponsors To increase sponsorship to K200 Million Kwacha
By Sam Banda
Mighty Wanderers Football Club have proposed their sponsors, Salima Sugar Company Limited, to hike sponsorship stakes to 200 million Kwacha.
Authorities from the two parties are set to start talks over a new deal in Lilongwe on Thursday with two weeks remaining before the current agreement runs out.
Sources have confided in us that the Nomads want the sponsorship increased to meet the demands of players’ welfare and club operations.
Currently, the Lali Lubani heavyweights receive 5 million Kwacha subvention from the sugar firm which has already parted ways with 55 million Kwacha in the last eleven months of the one-year deal which was secured in March last year.
Salima Sugar Company Limited’s Secretary, Charles Thupi, has confirmed negotiations for a possible extension will start tomorrow, but several factors will be considered, including the team’s performance last season and the company’s gain from the partnership.
The Nomads’ board Secretary, Humphrey Mvula, was elusive on the proposed package for a new deal, but said a big club like Wanderers requires a lot of money for operations.