Site icon The Times Group Malawi

Sulom, clubs mend fences, AGM slated for April 30

LIGHTER MOMENT—Banda (left) and Nyirenda interact

TO PROVIDE AUDITED
ACCOUNTS—Chinyama Picture

The confusion that surrounded the start of the 2022 TNM Super League season was finally cleared yesterday when both Super League of Malawi (Sulom) and clubs revealed they had resolved differences which had threatened the kick-off.

Following the agreement, Sulom is expected to call for an Annual General Meeting (Agm) to be held on April 30 in Blantyre at a venue to be announced later.

Sulom is also expected to provide monthly returns on Television Broadcasting Rights and disburse revenue every three months.

This was announced yesterday at a joint press briefing which Sulom General Secretary William Banda, Treasurer Malinda Chinyama and club’s representative Suzgo Nyirenda held in Blantyre.

“Number one we agreed with the Sulom executive that we should have an AGM on 30 April in Blantyre. The Sulom General Secretary will notify the clubs about the AGM today [18 May 2022].

“We expect the documentation regarding the AGM i.e. the agenda, audited accounts and all other documents should be sent to the clubs as per constitution of Malawi. We will not accept documents to be given on the same day of the AGM,” Nyirenda who is also Nyasa Big Bullets’ Chief Executive Officer said.

“We expect clubs to go through and familiarise themselves with the documents. We have also agreed that Sulom shall today provide rules and regulations as well as club management regulations. All those should be circulated today [Friday] without fail.”

On broadcasting rights, Nyirenda said: “We have agreed with Super League of Malawi that there will be proper reconciliation of all TV and broadcasting rights dating back to 2018 and make sure that all the clubs shall receive a statement regarding the TV rights before the AGM. Going forward we have agreed that there will be provision of monthly returns regarding the broadcasting rights,” he said.

“Disbursements of TV rights shall be made to clubs quarterly, so every third month clubs will be receiving their dues regarding broadcasting rights.”

On his part, Banda said it was time to move forward having resolved differences.

“We had issues to deal with broadcasting rights and Annual General Meeting. We engaged each other yesterday [Thursday] and we reached an agreement. We should acknowledge that from our end [Sulom] we delayed in releasing some of the information which created a gap.

“Even if Sulom was in the shoes of the clubs, we could also have acted the same way the clubs have acted. But it is good now that we are on the same boat. We are gathered here to confirm all that the discussions have gone well.

In terms of the rights and Agm we have agreed how to move forward,” he said.

Fourteen Super League teams led by Bullets, Silver Strikers and Mighty Wanderers officials had threatened to boycott the start of the league.

However, the games will proceed as announced following the agreement.

Facebook Notice for EU! You need to login to view and post FB Comments!
Exit mobile version