Bullets abusing Nyasa sponsorship: Supporters call for EGM

Nyasa Big Bullets  acting  secretary general Kelvin Moyo and supporters chairman Stone Mwamadi have said the only way to entirely end the on-going internal wrangles at the ‘Peoples Team’ is to hold an emergency Extraordinary General Meeting (EGM).

The team was thrown into fresh turmoil early this week when players started to boycott training and threatened to boycott this weekend’s games.

The players were demanding money for their signing-on fees amounting to about K43 million.

The players then resolved to fire the entire club Executive Committee and said the current main supporters commitee be the interim administrators of the club.

But Moyo has said the best solution  is to hold an Emergency Extra-Ordinary General Meeting where everone will have a chance to express his or her grievances.

Moyo said apart from the money the club owe players, the confusion is also coming in following the suggestion to entirely sell the club to the reigning sponsors Nyasa Manufacturing Company.

On his part,  Stone Mwamadi said during the week that the executive need to explain how money amounting to K41 million has been used while players have not been given their signing on fees and other bonuses.

Mwamadi said there is a clear picture that that money at Bullets is being spent beyond the team’s means.

Supporters at a meeting held within the week also want the executive to explain where the money sourced from gate proceeds have been used.

Moyo confirmed that indeed K41 million has already been used and K59 million left.

“The actual balance is K59 million but if we subtract the K25 million meant for merchandize, it leaves us with K34 million” said Moyo.

He further indicated that the K100 million annual sponsorship cannot be enough to run the club for the whole season hence they have been seeking other avenues of generating income.

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