Football Association of Malawi (FAM) has distanced itself from the huge Big Bullets debts which they have accumulated as they were participating in the Confederation of African Football (CAF) champions league.
The debts have bloated to K30 million and they also risk legal action and a K4.2 million fine from CAF.
However, Bullets have excused themselves from taking responsibility of the debts, pushing it to FAM arguing the country’s football governing body managed the gate collections from Sunday’s first round, second leg match against Al Hilal of Sudan at Kamuzu Stadium.
“If it were not for the squabbles, we were targeting K40 million from the Al Hilal game. Better proceeds from the Fomboni game did not happen by accident; we had a strategy. Since people accused us of delaying to announce the figures, we allowed FAM to manage the next game,” Fote told local media justifying why all creditors are being referred to the association.
But in a telephone interview with Nyasa Times , FAM commercial manager Casper Jangale, said Bullets’ debts have nothing to do with the association.
“FAM is not responsible for the Bullets’ debts. I’m sure you know how FAM operates and there is no way the association can settle debts accumulated by a club affiliated to Super League of Malawi,” Jangale said while referring this reporter to Bullets’ general secretary, Halord Fote.
Efforts to talk to Fote proved futile as his phone number was out of reach.
According to impeccable sources, Bullets owe Interocean Travel Limited K2.2 million as travel costs for referees who officiated the preliminary round, second leg match against Fomboni Club de Moheli at
Kamuzu Stadium. The Red army, among others, must also pay SKY Links Travel Bureau K13 212 500 for air ticket expenses for the first-leg trip to Sudan where they lost 4-0.
Some football analysts have argued that the Bullets’ huge debts have potential to affect the team’s performance in the TNM Super League.Follow and Subscribe Nyasa TV :