Dwangwa United’s pre-season preparations might be jeopardised as the team is reportedly in financial crisis.
With two months to go before the 2017 TNM Super League season’s kick-off, Dwangwa is yet to get sponsorship.
The team’s traditional sponsors have not yet hinted if they will rescue the team. The team’s Executive Committee proposed a budget of K76 million for this season.
Dwangwa Board of Trustee Chairperson, Frank Mphande, said the team would get sponsorship by next month.
“Talks with companies that operate within Dwangwa are underway and I cannot pre-empt what we have discussed so far but let me assure you that by March we will have a sponsor,” Mphande said.
He admitted that currently the team was in financial problems.
“We have not paid our players and coaches for almost two months now but we are hopeful that the companies who have been with us all along, won’t abandon us,” Mphande said.
Last season, the team had a smooth year when Illovo and Ethanol companies donated K30 million and K2 million, respectively to the team.
The sponsorship boosted the team’s survival campaign and managed to avoid relegation.
Currently in a bid to raise funds to assist the team’s operations, Dwangwa has introduced an annual membership fee of K5,000.
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