Fisd Limited Company has announced that 2019 Fisd Challenge Cup champions will pocket K20 million—the highest prize money in domestic top-flight football competitions.
Fisd surpasses the K15 million which Super League champions pocket whereas Airtel Top 8 kings receive a similar amount.
The company’s chief of external operations, Jack Kujaliwa, disclosed the package yesterday at Football Association of Malawi (Fam)’s Mpira Village in Blantyre during launch of the trophy.
“We have maintained our sponsorship package but we have raised the bar as the champions will pocket K20 million, up from K16 million. We hope that, this way, we will motivate teams to aim further high,” Kujaliwa said.
He also reaffirmed Fisd’s commitment to football sponsorship, saying they would see out their five-year partnership with Fam.
“As Fisd, we are determined to see out the five-year deal which we signed with Fam. So, next year we will be back to finish our fifth year. Then we will evaluate our five-year deal before making our stand,” he said.
Kujaliwa said a subvention of K300,000 is in store for each regional team that will compete in the competition.
Fam General Secretary, Alfred Gunda, applauded Fisd for continued support.
“Each year, Fisd continues to surprise us with different innovations. They have raised the bar in as far as prize money is concerned and this will raise the level of competition,” he said.
Twenty-four teams will participate in this year’s competition.
Eight teams from regional leagues will go into the preliminary round alongside eight Super League sides that finished on positions nine through to 16 at the end of the first-round.
“Both Central and Southern regions have contributed three teams that were at the top at the end of the first round whereas the North has contributed top two teams at the end of the first round. The regional teams were placed in the preliminary draw alongside teams from the Super League that finished on positions nine through to 16. The top eight teams at the end of the Super League first round will join the competition at round of 16 stage,” Fam Competitions and Media Director, Gomezgani Zakazaka, said.
Fisd launched the competition in 2016 to the tune of K45 million before hiking it to K43 million the following year then K60 million in 2018 until now.
Be Forward Wanderers are the defending champions of the cup and have won it the most— twice.
Hangover v Airborne Rangers
Dwangwa United v Ntopwa FC
Savenda Chitipa United v Baka City
Sable Farming v Moyale Barracks
Mafco FC v Mzuni
Karonga United v Ekwendeni Hammers
Masters Security v Red Lions
Silver Strikers Reserve v Mlatho Mponela
Round of 16
TN v Sable/Moyale
Mafco/Mzuni v Blue Eagles
Dwangwa/Ntopwa v Moyale Barracks
Silver Strikers v Silver Strikers Reserve/Mlatho
Chitipa/Baka v Civil Sporting Club
Be Forward Wanderers v Masters Security/Red Lions
Nyasa Big Bullets v Karonga/ Ekwendeni
Hangover/Airborne v Mighty Tigers.