Clubs get 2nd chunk of Sulom subvention
Super League teams can breathe a sigh of relief after the Super League of Malawi (Sulom) disbursed the second portion of subvention on Thursday.
The league governing body transferred K2 million to each of the 16 clubs.
This means each of the Super League teams has received K4.5 million after they got another K2.5 million as the first chunk of subvention last month.
The K2 million is part of the revised K4 million annual subvention from sponsors TNM following the hike in subvention package to K66 million from K16 million per year.
Last month, the clubs got K2.5 million from the Football Association of Malawi (Fam) as their 50 percent first instalment payment.
Sulom president Fleetwood Haiya said each club is expected to get a subvention of about K9 million.
“We want to make sure that the clubs have resources for operations. We will engage the chairpersons of all the clubs to expedite the process of paying the remaining K2 million from the annual subvention,’’ Haiya said.
During the campaign period, Haiya pledged that each of the 16 clubs will get a minimum of K7 million as subvention.
Karonga United General Secretary Ramsey Simwaka confirmed receipt of the second chunk of the subvention.
“We were desperate for the money and we are glad that it has come at the right time as we are processing salaries for the players,” Simwaka said.
On his part, Bangwe All Stars Team Manager Steve Madeira welcomed the development.
“We appreciate that we are able to receive the money but we need to know the actual breakdown. Once again, we do not take this for granted,” Madeira said.
Subventions are given to clubs as a starter pack to manage their operations.
Research has shown that Malawi clubs are among the teams that get the lowest subvention in the Southern Africa region.