The Standard Bank Knock-out top six football trophy sponsorship has been increased from K20 million to K25 million, the Standard Bank Malawi announced during a re-launch ceremony which took place at Protea Ryalls Hotel in Blantyre City on Friday night.
The bank’s chief finance officer Temwani Simwaka said: “Standard Bank is a winning bank and we want to be associated with a winning sport. “
He added: “Our customers also love football and we want to make them happy. Standard Bank also believes in empowering the youth. It is our responsibility to develop the economy and as our economy grows, we also grow.”
But the bank expressed concerns with violence and hooliganism at football matches.
The cup kicks off on October 16 but Blue Eagles, the cup’s defending champions, will have to participate in the preliminary plays-off if they are to defend the cup.
Top six teams from last year’s TNM Super League log table were seeded but Eagles finished outside the top-eight band comprising Silver Strikers, Civo United, Blantyre United, Big Bullets, Mighty Wanderers and Red Lions.
To participate in the play-offs, the remaining unseeded eight teams of the Super League will have to be voted by fans. Four teams with most votes will play in preliminary knock-out play-offs with the best two joining the seeded six teams in the quarter-final.