One of Malawi’s leading commercial banks First Merchant (FMB) has increased the under 20 Youth Annual Football sponsorship from K10 Million to a whooping K20 Million.
The bank through its Marketing Manager Slyvia Mataka revealed the good news at the end of this years’ national finals staged at Dedza Stadium over the weekend.
Mataka said the bank is satisfied with work the league has been progressing.
“We are satisfied with the progress so far and we have also noted that payers taking pasrt in the compettion are being serious with the game” said Mataka.
“Therefore, we have decided to increase the sponsorship to motivate the players with better prizes and appreciate the leagues administrators for working hard to curb urge cheating” added Mataka.
The development has delighted the Football Association of Malawi (FAM) and Justin Saidi who is the Principal Secretary in the Ministry of Sports.
Nyamilandu who together with Saidi witnessed the finals described the news as “sweet”.
“I don’t know how to describe my excitement. However, with the sweet news, we now rate the bank as one of our biggest football sponsors in the country” said a visible excited Nyamilandu.
In the finals, Northern Regions Fish Eagles beat Griffin Young Stars 4-1 through post match penalties to emerge champions with their goalkeeper Hastings Banda as the heroe of the day after serving three penalties.
Banda was also selected as the best player of the tournament
Fish Eagles received K300, 000.00 and a trophy while runners up Griffin Young Stars received K250, 000.00.
The cup was again won by a northern region team Moyale Barracks Youth last yearFollow and Subscribe Nyasa TV :