{"id":58387,"date":"2018-01-01T11:25:36","date_gmt":"2018-01-01T09:25:36","guid":{"rendered":"http:\/\/www.times.mw\/?p=58387"},"modified":"2018-01-01T11:25:36","modified_gmt":"2018-01-01T09:25:36","slug":"2017-super-league-grosses-k484-million","status":"publish","type":"post","link":"https:\/\/archive.times.mw\/index.php\/2018\/01\/01\/2017-super-league-grosses-k484-million\/","title":{"rendered":"2017 Super League grosses K484 million"},"content":{"rendered":"<p>The just-ended TNM Super League season grossed K484 million in gate revenue, representing 15 percent nominal growth from last year\u2019s revenue.<br \/>\nLast year, the league grossed K420.5 million.<br \/>\nHowever, the gross failed to meet Super League of Malawi\u2019s (Sulom) target of K0.5 billion.<br \/>\nOut of the K484 million, K186.7 million (39 percent) went into clubs\u2019 coffers, with newly-crowned champions, Be Forward Wanderers, receiving a lion\u2019s share.<br \/>\nWanderers top the revenue standings after pocketing K50.3 million, followed by rivals, second-placed Nyasa Big Bullets, and third-positioned Silver Strikers on K41.7 million and K20.09 million, respectively.<br \/>\nFourth-ranked Civil Sporting Club are also fourth on the earnings\u2019 chart, with K8.2 million.<br \/>\nA total of K114.4 million (24 percent) of the gross went to other stakeholders, including police, stewards and cashiers.<br \/>\nGround levy accumulated to K90.8 million whereas Malawi National Council of Sports pocketed K18.3 million.<br \/>\nSulom earned K36.7 million whereas Football Association of Malawi pocketed K36.6 million as part of their 10 percent cut from each game.<br \/>\nDespite hosting three games only, Bingu National Stadium contributed more revenue, of K105.7 million, than the rest of 13 stadiums.<br \/>\nSulom Treasurer, Tiya Somba- Banda, said the closure of Kamuzu Stadium contributed to their failure to achieve the K0.5 billion target.<br \/>\nWanderers Vice Treasurer, Chulu Mkangama, said he was satisfied with the proceeds but appealed to Sulom to address the challenges encountered in the just-ended season.<br \/>\n\u201cI think the performance of the team contributed a lot to the increased gate revenue on our part. Our fans were coming to support the team in large numbers,\u201d Mkangama said.<br \/>\nBullets interim General Secretary, Albert Chigoga, said the figure was a true reflection of the proceeds.<br \/>\n\u201cWe are not absolutely excited about it. Closure of Kamuzu Stadium greatly affected us. The capacity of the stadiums we have used this season could not accommodate huge turnout,\u201d he said.<br \/>\n\u201cIn this time and age, a team like Bullets should be able to realise more revenue. Bullets spend a lot more on operations than what the team realises from gate revenue.\u201d<br \/>\nMoyale Barracks, relegated Chitipa United and Premier Bet Wizards were the least earners at around K 4.8 million each.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The just-ended TNM Super League season grossed K484 million in gate revenue, representing 15 percent nominal growth from last year\u2019s revenue. Last year, the league grossed K420.5 million. However, the gross failed to meet Super League of Malawi\u2019s (Sulom) target of K0.5 billion. Out of the K484 million, K186.7 million (39 percent) went into clubs\u2019 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":58390,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-58387","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\/58387","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=58387"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/58387\/revisions"}],"predecessor-version":[{"id":58391,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/58387\/revisions\/58391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/58390"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=58387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=58387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=58387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}