FA Malawi goes into partnership with FDH bank: Seal K90mil deal for Flames 

Football Association of Malawi (FAM)  and the First Discount Bank (FDH) have signed a pre-contract partnership agreement that will last for three years worth K90 million.

Putting pen to paper: FAM president Nyamilandu and FDH Bank boss Outtara

Putting pen to paper: FAM president Nyamilandu and FDH Bank boss Outtara

Nyamilandu receives the cheque from Outtara of FDH bank

Nyamilandu receives the cheque from Outtara of FDH bank

The signing ceremony took place at the Mpira Village at the Chiwembe Technical Centre in the Commercial City of Blantyre.

The partnership will see FDH bankrolling the Flames National Team through the country’s soccer governing body with an annual sponsorship of K30 million.

Speaking at the signing ceremony of the deal, FDH Managing Director Eric Quattara said his bank is pleased to partner with Fam in bringing the game of football to Malawians.

Quattara said in Malawi, football is a major sport that drives passion and excitement as well as bringing food on the table for several people.

“It is therefore undeniable that football is part of many Malawians lives. FDH is a home grown and home bread bank. We pride in our slogan which says ‘Our Bank, Our Future grow with us’. This means we want to be part of the future and growth of Malawi even in football,” said the Managing Director.

Reacting to the good news, Fam President Walter Nyamilandu expressed delightment with the development and confessed it is timely following the budget cut from their number one sponsor Malawi government.

Nyamilandu described it as a jackpot.

“This is good news to Malawi football and it could not come at a better time than now. The Flames funding from government has just been reduced and we started panicking on getting funds for the team’s last Afcon match against Swaziland,” said Nyamilandu.

He said it is not easy for a company to invest such a fortune in football.

“We are very proud to be associated with FDH bank  and I want to assure you that we will not let you down,” he said.

He also assured the bank that Fam will make sure it gets the best out of the deal.

“FDH is welcome to football and has not made a mistake. It is a Malawian bank and there is no any other avenue that would have helped them grow than football. Fam will make sure that FDH gets the best deal in this agreement to show others that football has value,” said the Fam boss.

This means that Fam will have three partners excluding Malawi government namely Carlsberg Malawi, Airtel Malawi and FDH Bank.

Meanwhile, Fam will deliberate on the right channel to inject the FDH package at an Executive Committee Meeting slated for Saturday 6th August 2016 at Mpira Village where among other things, members will also discuss the issue of senior national football team coach.

This follows the expiry of the contract of the national team coaches Ernest Mtawali and his Assistant Nsazurwimo Ramadhan on July 30.

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1 thought on “FA Malawi goes into partnership with FDH bank: Seal K90mil deal for Flames ”

  1. Bibo says:

    “…FAM will make sure that FDH gets the best deal in this agreement to show others that football has value.” These words were spoken by no other than the FAM strong man Walter Nyamilandu who always speaks in a fine tune but with the contents that have never produced any fruits. He promises convincingly and in the end leaves people or supporters lost in the wildernesses. One would think that after his reelection,having promised the public a new chapter of football for the Flames,smiles would glitter on the Flames’ followers,but alas! a complete downward spiral haunted the national team.Nyamilandu betrayed his promises he showcased at the Crossroads hotel.

    FDH’s sponsorship is a welcome gesture but it needs the full wisdom of FAM administration which I believe is lacking in the current crop at Mpira house; Nyamilandu and his subordinates have failed to unlock the fortunes of the national team. They hire coaches either hastily or not on merit, they don’t spend within FAM’s means and effectively, they lack marketing strategies,they have failed to coagulate the youth setup with the transition process into the senior team,they have failed to expose youth teams to overseas tournaments, they have failed to elevate football standards to professional level especially at club level,they have relied too much on government’s funding,and they have failed to consistently enable youth teams to participate in African and World cups.

    Hearing Nyamilandu talk about Flames funding makes me wonder which Flames he wants funding for? We suggested that the national team needs disbanding and instead concentrate on nurturing the youth.Massive funding is needed for the under 17 and under 15 because such teams will bring glory to the nation when they develop. The generation of current Flames players is not good for participating in tournaments,it’s a disgrace and lacks skill and proper nurturing from the beginning.

    My take is that money sponsored by FDH should have been channeled towards developing youth teams instead of funding the untalented and useless Flames.The under 17needs to be trained extensively and comprehensively, it also needs exposing to international tournaments especially in Europe and South America.I have always believed that attaching such a team to academies of major teams overseas would accelerate development of players of such age groups. Additionally,such a team should play international friendlies against teams from countries with a strong background in youth development like Ghana,Nigeria,Mali,Ivory Coast,Algeria,Brazil,Argentina,Holland, and Belgium. Within six years of such exposure of the youth,Malawi would produce a very strong and competitive team with established professionals,a team that would not be an embarrassment to the nation.

    My advice to Walter is don’t ask for funding from financial institutions to be wasted by your useless national team and yourself.We have had enough of your mediocrity for a long time so please change the mentality and approach to the game of football (soccer) not same old same.

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