Silver Strikers executive committee is reportedly under investigations over alleged mismanagement of the club\u2019s resources.<\/p>\n
According to sources within the club, the Board of Directors met recently and agreed to dissolve the entire committee, except Vice-Chairperson, Goodwell Chinjoka.<\/p>\n
The board\u2019s spokesperson, Chiku Kalilombe, was non-commital Wednesday, saying the club would release a statement on the matter this week.<\/p>\n
\u201cWe will only make it public once we finalise everything,\u201d Kalilombe said.<\/p>\n
Reports suggest that the club has exhausted K54 million on repaying debts, buying players and signing-on fees\u2014 just a week after the TNM Super League season\u2019s kick-off.<\/p>\n
The Central Bankers spent an estimated K12 million on bolstering the squad and K8 million on signing-on fees.<\/p>\n
Silver Treasurer, Fred Kalonga, yesterday said he was yet to be briefed on the dissolution.<\/p>\n
\u201cActually, people are just posting on the [social media] forums, but I don\u2019t want to comment on issues without evidence,\u201d Kalonga said.<\/p>\n
The club has repaid debts amounting to K34 million dating back to last season\u2019s Super League second round.<\/p>\n
Early this year, the club announced that it would abolish the executive committee and hire secretariat staff to run the club as a professional entity.<\/p>\n
Following the development, Silver will no longer hold executive committee elections, but only for the supporters\u2019 committee.<\/p>\n
Silver is a limited company by guarantee with directors namely, Kelvin M\u2019mangisa, Paul Chimimba, Naser Tayub, Kalilombe, Mario Antoine and Macdonad Mafuta-Mwale.<\/p>\n","protected":false},"excerpt":{"rendered":"
Silver Strikers executive committee is reportedly under investigations over alleged mismanagement of the club\u2019s resources. According to sources within the club, the Board of Directors met recently and agreed to dissolve the entire committee, except Vice-Chairperson, Goodwell Chinjoka. The board\u2019s spokesperson, Chiku Kalilombe, was non-commital Wednesday, saying the club would release a statement on the […]<\/p>\n","protected":false},"author":3,"featured_media":19760,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22973","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\/22973","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=22973"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/22973\/revisions"}],"predecessor-version":[{"id":22974,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/22973\/revisions\/22974"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/19760"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=22973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=22973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=22973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}