Nyasa takeover will not affect Bullets colours, name

Nyasa Manufacturing Company (NMC) take over ownership of Big Bullets football club will not affect their traditional red and white colours, interim General Secretary, Albert Chigoga, has said.

Nyasa Bullets: To keep tradition

There have been reports that Bullets will change colours to green and white colouts to reflect the cigarette manufacturing company’s colours and be renamed as Nyasa United.

But Chigoga said the team would maintain its red hot traditional colours and name

“Bullets will always use its traditional red and white colours with the name NMC Big Bullets. This name is also registered with the Super League of Malawi and Football Association of Malawi,” Chigoga said.

NMC accepted an offer to take over the domestic football powerhouse at nominal value following a resolution made by the an extraordinary general meeting (EGM) of the club in Lilongwe on June 18 this year.

Among other terms, NMC committed to take over the team’s verified and confirmed debts and liabilities and that they shall be settled within six months. The club’s debt is now estimated to be in excess of K120 million.

“NMC also commits to undertake the following proposed projects:  (i) Acquire a team bus within six months; (ii) Construct a stadium of not less than 10 000 seater and the project shall be initiated within five years,” reads part of the letter.

It has also committed to acquire a training ground [within a year] and three club houses—one in each region—complete with regional offices within three years.

NMC has further committed to allow other business partners to invest in the team, set up an academy within a year, list the People’s Team on stock exchange within five years “and offer at least 30 percent to any interested supporter, investor or general public in the spirit of sustainable goodwill to truly become the People’s Team”.

“NMC further commits that supporters, through their appointed directors, will be part of the club even after the transfer of ownership.”

Follow and Subscribe Nyasa TV :

Please share this Article if you like Email This Post Email This Post

More From the World

Sort by:   newest | oldest | most voted
ANANVERUWA AKWA NKUMBA, KUMALOWA
Guest
ANANVERUWA AKWA NKUMBA, KUMALOWA

NAGA APAPOKHA APA KWATERERA BASI KWACHEMA BULLETS MOTO KU TI JUUUUUU,AMBUYE NDIWABWINO ,MULENDERE WA PWIYA ULI WA PHAMA,RUDO LA MWALI LAKANAKA STEREKI,WAWA BB.WAWA MAKEPEKEPE

Wa Maule weniweni
Guest

Sinthani dzinalo, sinthani colour’yo muone ngati sitikusiyani. Komanso some of us have known the colours of BB to be red and white and if you attempt to change to green and white that will cause confusion with Moyale Barracks who use green as their traditional colour. Do it at your own peril!!!!!!!!!!

wpDiscuz

More From Nyasatimes