Fisd to still sponsor a football team


Fisd Company Limited has insisted that, despite pledging a K40 million cup sponsorship to Football Association of Malawi (Fam), the company has not given up on its wish to sponsor a football team.

After parting ways with Wizards FC a few months ago, Fisd put the club’s sponsors up for grabs to interested teams.

However, Fisd managing director, Frank Mwenechanya, on Monday said they had received some sponsorship proposals.


“That doesn’t mean that we will stop funding clubs. As we said, we are still committed to sponsoring a team,” Mwenechanya said on the sidelines of the cup pre-contract signing ceremony with Fam at Mpira Village.

“We are still looking for a place to develop a mini stadium [in Lilongwe]. Now it will start with an academy. We should also be exporting players to Europe. We need to start from the grassroots.”

Fam president, Walter Nyamilandu, has slammed jealousy people he claimed celebrated Standard Bank Knock-Out Cup’s exit.


Nyamilandu said this before signing the pre-contract. The sponsorship is for five years, but it will be reviewed annually.

“It’s amazing how people celebrated when Standard Bank pulled out. People want to pull each other down all the time, yet this is our own country,” he said.

“Fisd could not have come in if we had a bad record with Standard Bank. We could have loved to extend our relationship, but when they left we exchanged handshakes and said good bye.”

Nyamilandu then called on government to empower indigenous Malawians such as Fisd.

“We must come up with a local empowerment policy for Malawians. Let us give contracts, let’s give business to companies such as these because their proceeds will remain in the country. I am sure the authorities will support this cause,” he said.

The Fisd cup, whose launch will take place later this month, replaces Standard Knock-Out which pulled out last week.

Mwenechanya, who was accompanied by officials such as Moses Chirambo and Arthur Mpama, said the five-year sponsorship was subject to review annually.

“After we heard that Standard Bank Cup Knock- Out fell vacant, we thought that as a company we can come in and sponsor the cup. As part of our corporate social responsibility, we felt it is high time we gave back to the community.”

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