Luso TV tourney teams pocketed K2.4 million each

Each of the four teams that participated in the two-day Luso TV Clash of Giants tournament in Lilongwe pocketed close to K2.4 million from gate collections, the organising committee has disclosed.

A total of K14.8 million was realised from the gates during the tournament and initially, the organising committee paid K2,220,000 to each of the participating teams on top of the money the clubs received as prizes.

However, after settling other bills, the committee is said to have paid a further K175,000 to each of the participating teams, making it almost K2.4 million for each of the participating teams- namely Big Bullets, Mighty Wanderers, Epac and Silver Strikers.

Confirming the development in an interview with Nyasa Times, chairman of the organising committee Austin Kasito said the committee had an overage of about K800,000 after settling all the bills incurred during the tournament and decided to top up on the amounts given to the clubs from gate collections.

Mkandawire; Bullets is satisfied with the prize money

Mkandawire; Bullets is satisfied with the prize money

The development means Big Bullets went home K3.4 million richer after pocketing the K1 million winners’ prize. Runners-up Mighty Wanderers got K2.9 million in total after receiving K500,000 as runners-up with Epac FC, Njenjete earning K2.7 million and Silver Strikers K2.6 million.

The organisers paid for transport, food and accommodation costs for all the participating teams save for the Lilongwe based teams, which were only allocated funds for transport and meals.

Despite observing some shortfalls in the organisation of the tournament, Bullets general secretary Higer Mkandawire said his club was satisfied with the money, thanking the organisers for a job well done.

Luso TV brings the trophy to the stadium in a convoy, Pic Leonard Sharra

Luso TV brings the trophy to the stadium in a convoy, Pic Leonard Sharra

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