Bangwe All Stars have disclosed plans to raise K75 million during the team’s fundraising dinner at Golden Peacock Hotel in Blantyre on Saturday. During the dinner, the team will also unveil their newly appointed board members and new players.
Currently, the Bangwe Township based side is primarily sponsored by the team’s founder Mphatso Jika, who supports the team through HM Hardware.
Bangwe Chief Executive Officer Chikumbutso Mathumba said the team has set a budget of K150 million for the forthcoming season but half the amount has already been secured.
“We have set platinum tables which companies can buy at K3 million whereas gold tables are at K2 million with silver tables costing half the amount. We will also sell replica jerseys for our team at K30,000.
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“We hope through this way we will be able to raise the remainder having secured part of our sponsorship,” Mathumba said before adding that single the cost will be at K25,000 with K40,000 for double.
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The CEO said the dinner would be held simultaneously with the presentation of awards to last season’s outstanding players.
“We will use the dinner to unveil newly signed players and the technical panel. Last season’s best performers will also be recognised,” Mathumba said.
He said they intend to make the night interesting and colourful while musicians such as Skeffa Chimoto and Gibo Pearson.
Meanwhile, football analyst Roy Abramo M’dechi has hailed the team’s commercialisation drive which he said demonstrates maturity and seriousness.
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“This is the only set up that attracts sponsors and partners. I am urging companies to partner with Bangwe All Stars,” M’dechi said.
The team has set a top three-finish in the forthcoming season having finished sixth with 42 points from 30 games last season.
