Big Bullets partners to review MoU
Nyasa Big Bullets Council has proposed to the People’s Team sponsor, Nyasa Manufacturing Company (NMC), to develop another Memorandum of Understanding (MoU) following delays in meeting some of obligations.
The company took over Bullets in 2017, having signed an agreement promising several things including paying off the team’s debt, improving players’ welfare, buying state-of-the-art bus and also constructing a stadium.
NMC settled the team’s debt and improved the players welfare but is yet to construct a stadium and buy a bus for the side.
One of the council’s members Jim Kalua said but a definite timeframe would be
vital, hence the proposal.
“We asked them to draw another MoU that would give a specific time as to when they think they can fulfill the remaining items in the contract; otherwise, we, as council, are happy that some of the promised items are going as agreed,” he said.
Bullets Vice President Fleetwood Haiya confirmed that the council made a fresh proposal on the same.
“They want a definite timeframe as to when Nyasa Manufacturing Company will be able to accomplish the remaining items in the agreement.
“We will take the proposal to the board and investors soon for discussions. But it has not been easy running Bullets for the past three years, especially now that we are going through Covid issues,” he said.
NMC signed a five-year deal with Bullets in 2017.
Peter Fote is a Sports Journalist with huge experience in radio and Television reporting, production and presentation. He once worked with Malawi Broadcasting Corporation (MBC) and is currently working for Times Media Group.