All glitters went the way of the football fraternity after the First Capital Bank announced a three-year running K525 million sponsorship package for super league heavyweights Nyasa Big Bullets.
Speaking at the unveiling ceremony last evening, at Amaryllis hotel in Blantyre, First Capital Bank’s Chief Executive Officer Spyridon Georgopoulos said the gesture is an expression of the bank’s commitment to promoting football in the country.
Georgopoulos said the side will now be called FCB Nyasa Bullets
“Let me announce that the FCB are the official sponsors of Nyasa Big Bullets for the next three years and the package is to a tune of K525 million. We are a Malawian Bank and we believe that together with FCB Nyasa Bullets we can develop football. We are compelled with the performance of FCB Nyasa Big Bullets and with this sponsorship, we believe that the team will go to greater heights not only in Malawi but also in Africa,” he said.
On his part, Konrad Buckle Nyasa Manufacturing Company President, expressed gratitude for the First Capital Bank for coming into partnership saying the deal will help the company to achieve other goals.
“We play well in Malawi but when we get to the bigger stage we lack, but this is all about football. This is just a start, but definitely its good vision and good start by the board of directors at Nyasa,” said Buckle.
At the colorful ceremony, Uchizi Mkandawire Minister of Sports said at the moment, government feels such deals are worthwhile to improving the game.
“ From the start, we must state that as government we are trying so hard to develop sports in the country. We are so grateful for the sponsorship by FCB and we hope other companies will emulate this and sponsor more football clubs,” said Mkandawire.
Some of the contractual agreement between First Capital Bank and Nyasa Big Bullets include; the sponsorship fee of K175 million per season for three years and the modification of the name to FCB Nyasa Big Bullets FC.
In addition, the sponsor will also be allowed to brand all the Club’s and its affiliates, physical properties such as bus, Club House, Stadium, perimeter boards during matches, all merchandise, all digital assets including websites and social media pages, promotional campaigns and media content.
