Pamtsetse Nzika Football Bonanza, held at Bingu National Stadium in Lilongwe over the weekend, has realised K40.2 million in net revenue.
Team leader for Nzika Flood Response Gift Nankhuni confirmed the development Wednesday, saying the amount would go to the survivors of Tropical Storm Ana.
However, Nankhuni kept a tight lid on the gross revenue of the two-day bonanza which involved four teams; Silver Strikers, Mighty Wanderers, Nyasa Big Bullets and Civil Service United.
Nankhuni said the bonanza was a success.
“We could have gotten more though. There was still some fraud at the gates. We have learnt our lessons. Will do better next time,” Nankhuni said.
Organisers, Nzika Flood Response, targeted to raise between K20 million and K50 million during the bonanza.
The gate charges were K3000 per day. But the fans were also receiving K1,000 worth of airtime courtesy of TNM, who were also the official sponsor of the event.
Each of the four teams got K2 million as participation fees.
Silver Chief Executive officer Thokozani Chimbali said it felt good to support the good cause.
“It shows that the football fraternity joined hands for the good cause. It was worth taking part in and we thank organisers,” Chimbali said.
On his part, Civil General Secretary Ronald Chiwaula said the bonanza had double impact.
“First of all, it was for a good cause but it also helped us to fine tune ahead of the season. The net revenue shows that people supported the initiative. I believe they could have raised more if they had staged the event month end,” Chiwaula said.
At the end of the two-day bonanza, Silver emerged champions after beating Wanderers 1-0 on Sunday courtesy of Chawanangwa Kaonga’s goal.
Bullets finished third after a 2-0 victory over Civil on the same day.
Minister of Youth and Sports Richard Chimwendo Banda, Minister of National Unity Timothy Mtambo and Minister of Health Khumbize Kandodo Chiponda graced the event.
On his part, Banda thanked stakeholders for supporting the initiative.
“We are grateful to Nzika, Football Association of Malawi, teams, fans, sponsors TNM and NBS Bank and others who supported the initiative. The support rendered to flood survivors is much appreciated and government is grateful,” he said.
“On the other hand it also means that, if properly managed, gate collections can improve and, in the long run help support the sport.”
Black Missionaries band spiced the event with live music performances.