Artel Top 8 raise record revenue for season

The Airtel Top 8 final between Nyasa Big Bullets and Silver Strikers at Kamuzu Stadium in Blantyre on Saturday raise the 2020/21 record revenue.

In a statement on Sunday, FAM commercial and marketing director Limbani Matola said the match grossed K19.6 million of which K4.8 million was paid to service providers for direct match organisation expenses.

“And net revenue is K14.7 million. The stadium and teams each have received K3.6 million and FAM has been allocated K2.9 million whilst Malawi National Sports Council K738,000. This is the highest revenue collected this season,” reads the statement.

He said TNM Super League Blantyre derby on 1 May between Bullets and Mighty Wanderers grossed K3.1 million, and their second round Blantyre derby on 26 September grossed K4.9 million, Airtel Top 8 Blantyre derby on 4 December grossed K8.5 million and Airtel Top 8 Lilongwe derby between Silver and Civo United on 11 December K9.7 million

Matola said advanced ticket sales also helped the association to have good revenue as over K6.1 million about 30 percent of the gross came from advance ticket sales.

“We would like to salute the two teams for accepting to use this method as it has proven to be successful and effective. We are highly indebted to our MPS for providing improved Security services today. And VIP security were also very outstanding. They worked very hard to tighten access control.”

He said, overall there was improved match organisation as compared to both Blantyre derby and Lilongwe derby.

Bullets beat Silver 5-3 on post-match penalties to win their maiden Airtel Top and deny the Central Bankers a third consecutive title.

Bullets beat Wanders 4-1 in the semi-finals while Silver beat their Lilongwe rivals Civo United 2-0.

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