Thu. Apr 18th, 2024

2023 Football Season To Raise K4.5 Billion

By Suleman Chitera Jan5,2023

By Malawi Freedom Network

The upcoming 2023 football season is projected to raise a minimum of 4.5 billion kwacha in gross revenue.

Football Association of Malawi (FAM) officials revealed the forecast in Blantyre this morning during a media briefing that also acted as a platform to review the 2022 season.

According to the FA, 2023 gate takings from both local and international games are being projected at 175 million kwacha while business ventures and TV rights estimates are being pegged at 541 million kwacha.

Other revenue projections are 92 million kwacha for competition sponsorship funds, 120 million kwacha as FDH Flames sponsorship and 880 million kwacha grant from treasury.

FAM is also expecting 2.4 billion kwacha from FIFA and 257 million kwacha from CAF.
Meanwhile, the association’s president Walter Nyamilandu has revealed a 1.3 billion kwacha budget for the country’s national teams’ participation in various continental competitions this year.

Related Posts
DPP Blues Rebels Brings Division In
DPP Blues Rebels Brings Division In

The way Charles Mchacha is castigating the Leader of Opposition in Parliament, Hon Kondwani Nankhumwa, is just testimony enough that Read more

Malawi Freedom Network advice President Banda to fight corruption

If you thought Malawians are lazy people, I bet you a Dinosaur, think twice and you will know, check in Read more

Malawi Government Faulted Over Arrests of Coup Suspects

The recent arrest in Malawi of three opposition politicians accused of planning to unseat President Peter Mutharika is dissent from Read more

Allegations of a coup plot sour diplomatic ties

The US embassy has denied involvement in an alleged plot to overthrow the president, Peter Mutharika. Analysis Media reports that Read more

Other stories

Leave a Reply

Your email address will not be published. Required fields are marked *

President Lazarus Chakwera has officially opened the Blantyre International Cancer Centre, The private health facility, has been constructed by the Thomson and Barbara Mpinganjira Foundation