BLANTYRE (Malawi NewsNow) – Nyasa Manufacturing Company has suspended its MK500 million sponsorship to Nyasa Big Bullets following disagreements between supporters and trustees.
Nyasa announced the sponsorship suspension Monday afternoon during a press briefing held in Blantyre.
Recent upheavals have caused mass resignations members of the board of Trustees.
The first to resign was board chairperson James Busile who was followed by Gregory Madeya before the others, including vice-chairperson Fred Kwacha, secretary Jim Kalua, the club’s finance and administration chairperson Fleetwood Haiya, who is NMC finance director, also followed suit.
“We have decided that our sponsorship should be suspended,” Nyasa boss Konrad Buckle told the news conference.
The development comes at a time Big Bullets traditional rivals, Mighty Be Forward Wanderers are enjoying financial support from Japanese car dealer, Be Forward.
Big Bullets, who command the biggest fan base in Malawi, had been without sponsorship for nine years since former president Bakili Muluzi sponsored them for two years; and then Nyasa rescued them.
Most of the 16 football teams in Malawi’s Super League are struggling financially.