TNM Super League giants Be Forward Wanderers may have their sponsorship cut by 30 percent due to the Covid-19 pandemic.
The Nomads get an annual sponsorship of K150 million from Japanese Car Dealers Be Forward Limited but this week, the sponsors have communicated to the Lali Lubani outfit of a possible sponsorship cut as the world financial crisis worsens.
Should the cut be finally implemented, Wanderers will get K105 million instead of K150 million.
Inside sources confirmed that the sponsors have notified the club.
However, discussions were still reportedly underway.
Be Forward Limited local representative, Mike Butao, who is a former Wanderers General Secretary, could neither deny nor confirm the development.
“No comment on that. All I can say is that the situation in Japan has gotten worse as no ships can come in or leave. That means no sale of cars. So there is constant engagement with the Executive Committee on how best this can be managed. Any further details will be released at the discretion of the Executive Committee,” Butao said in a written response yesterday.
Wanderers players could also face a pay cut due to Covid-19 which has so far killed over 212,000.
Wanderers General Secretary, Victor Maunde, dismissed the reports.
“Not to my knowledge. We have been in touch with the sponsors,” Maunde said.
The task force of Football Association of Malawi on Covid-19 report predicted a gloomy future for local football clubs. Wanderers and rivals Nyasa Big Bullets were listed in mild risk whereas teams sponsored by individuals were at high risk of extinction due to the pandemic.
Teams which are sponsored by government such as Silver Strikers, Civo Service United, Blue Eagles and military teams are said to be safe for now.
The Nomads had a difficult campaign last year after finishing the season empty handed for the first time in five years. They last won the TNM Super League in 2017 after 11 years but won the Fisd Challenge Cup in 2018.