Fisd Company Limited has insisted that, despite pledging a K40 million cup sponsorship to Football Association of Malawi (Fam), the company has not given up on its wish to sponsor a football team.<\/p>\n
After parting ways with Wizards FC a few months ago, Fisd put the club\u2019s sponsors up for grabs to interested teams.<\/p>\n
However, Fisd managing director, Frank Mwenechanya, on Monday said they had received some sponsorship proposals.<\/p>\n
\u201cThat doesn\u2019t mean that we will stop funding clubs. As we said, we are still committed to sponsoring a team,\u201d Mwenechanya said on the sidelines of the cup pre-contract signing ceremony with Fam at Mpira Village.<\/p>\n
\u201cWe are still looking for a place to develop a mini stadium [in Lilongwe]. Now it will start with an academy. We should also be exporting players to Europe. We need to start from the grassroots.\u201d<\/p>\n
Fam president, Walter Nyamilandu, has slammed jealousy people he claimed celebrated Standard Bank Knock-Out Cup\u2019s exit.<\/p>\n
Nyamilandu said this before signing the pre-contract. The sponsorship is for five years, but it will be reviewed annually.<\/p>\n
\u201cIt\u2019s amazing how people celebrated when Standard Bank pulled out. People want to pull each other down all the time, yet this is our own country,\u201d he said.<\/p>\n
\u201cFisd could not have come in if we had a bad record with Standard Bank. We could have loved to extend our relationship, but when they left we exchanged handshakes and said good bye.\u201d<\/p>\n
Nyamilandu then called on government to empower indigenous Malawians such as Fisd.<\/p>\n
\u201cWe must come up with a local empowerment policy for Malawians. Let us give contracts, let\u2019s give business to companies such as these because their proceeds will remain in the country. I am sure the authorities will support this cause,\u201d he said.<\/p>\n
The Fisd cup, whose launch will take place later this month, replaces Standard Knock-Out which pulled out last week.<\/p>\n
Mwenechanya, who was accompanied by officials such as Moses Chirambo and Arthur Mpama, said the five-year sponsorship was subject to review annually.<\/p>\n
\u201cAfter we heard that Standard Bank Cup Knock- Out fell vacant, we thought that as a company we can come in and sponsor the cup. As part of our corporate social responsibility, we felt it is high time we gave back to the community.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Fisd Company Limited has insisted that, despite pledging a K40 million cup sponsorship to Football Association of Malawi (Fam), the company has not given up on its wish to sponsor a football team. After parting ways with Wizards FC a few months ago, Fisd put the club\u2019s sponsors up for grabs to interested teams. However, […]<\/p>\n","protected":false},"author":3,"featured_media":18907,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-18961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/18961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=18961"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/18961\/revisions"}],"predecessor-version":[{"id":18966,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/18961\/revisions\/18966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/18907"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=18961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=18961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=18961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}