Nyasa Big Bullets will pocket K18 million as transfer fee for talented midfielder Mike Mkwate, who joined South Africa’s Glad Africa Championship side Polokwane City.
Mkwate joined Polokwane on a two-and-a-half-year deal last month but was not registered in time to join the playing squad.
Bullets and Polokwane had also not finalised paperwork on the player’s transfer fee.
The TNM Super League defending champions’ Chief Executive Officer Escort Chinula said talks between the two sides had been concluded, with K18 million being the agreed amount.
“We have indeed sold Mkwate at K18 million. That is all I can say for now. I am not in a position to disclose more,” Chinula said.
The former Wizard dribbling star’s transfer fee surpasses what Polokwane paid for his compatriot Khuda Muyaba, who joined from Silver Strikers on a four-year deal at K15 million.
Mkwate followed in the footsteps of winger Peter Banda, who signed a six-month loan contract with Moldova champions Tiraspol Sheriff.
However, Bullets are yet to disclose how much is involved in the transaction.
Meanwhile, Banda has already started playing for Sheriff but Mkwate will wait until June to step onto the pitch as his International Transfer Certificate had not been processed by closure of the transfer window deadline.
Sports analyst George Kaudza-Masina described the fee as good business for Bullets.
“Getting close to K20 million for a player like Mkwate is certainly good business. Malawian clubs are struggling financially and selling one player for that much is no mean achievement. This is surely a big deal.
“I only hope that the two clubs’ agreement has a clause that entitles Bullets to a cut should he be sold to another club. This is one other way of ensuring that you get the most from a player,” Kaudza-Masina said.
Polokwane also have Malawian defender Dennis Chembezi.
The former Premier Soccer League side is also reported to be chasing another Bullets midfielder Chimwemwe Idana’s signature with plans to take him on board in June.
While at Bullets, Mkwate helped the club win the Carlsberg Cup in 2017 before clinching back-to-back TNM Super League titles in 2018 and 2019.