Thom Mpinganjira bails out Nomads, gives players 4 months salaries
Business mogul and philantoropist Thomson Mpinganjira, who recently retired from FDH Financial Holdings Limited as Chief Executive Officer, has bailed Mighty Wanderers football club by paying salaries for the club’s players for four months starting from December 2020 to March 2021 with a donation of K20.200 million.
Confirming the development, Wanderers Chairperson, Simon Sikwese said Mpinganjira has come in to support them after he saw the SOS the team publicized in various media outlets.
The team owed the players over K12 million in salary arrears for two months [December and January].
Wanderers’ financial woes deepen after Japanese second- hand dealer Be Forward cut ties with them late last year due to a hostile business environment because of the Covid-19.
“This is a very big relief and we greatly appreciate the gesture that Dr Thom Mpinganjira has shown. We know that he is one of our supporters, but now he has taken it on his personal note to come in after he saw the SOS that, as a club, we had publicized in various media outlets.
“Basically, we are struggling to find support for our players’ so with this relief at least will have some time that we know we can look further; we up to march at least we will be breathing, but thereafter we still need to intensify our efforts and see if some well wishers can come in and negotiate a long term partnership,” said Sikwese.
Meanwhile, the Nomads, who are 12th position on the 16 member TNM Super League log table with seven points from seven games, have returned to training. They suspended training due to financial woes.
The league was suspended due to increasing cases of covid-19 in the country.
However, the Presidential Taskforce on Covid-19 was on Wednesday expected to determine whether or not the league should resume.
This dude seems to be flush with cash. Why then did he want to (allegedly) corrupt the ConCourt judges with a miserly K100m?
Bakili anasokoneza Bullets just because he want to keep Ndirande votes. After he left power he dumped bullets. APM promised stadiums for Bullets and Wanderers for votes. He donated buses without maintenance plans. Thom is bailing Nomads for only four months. It’s high time the teams started operating as a business like the European teams who make money form sales of various items and players. Here we want donors. Nthawi imeneyo inapita. Bata Shoe company sponsored Bata Bullets, Limbe Leaf sponsored Limbe Leaf, Press Corporation sponsored Hardware, Malawi Development Corporation sponsored MDC United etc. It is no longer the case… Read more »
Che pichesi a word of thanks to TM is a must . The whole team and supporters must go to express their profound gratitude for this donation but but chisakhale chizolowezi kumupempha. All wanderers supporters must donate to the team. It’s is a shame that the nomads are begging when it has a good supporters base. The executive must bang their heads and come up with robust ideas to make the team financially stable. A turnaround strategy is needed. A curveball to take the team out of the woods . The team needs a good foreign coach. The current technical… Read more »
Trying to gain public sympathy after committing a serious crime of trying to divert the will of Malawians and wanting fellow thugs AKA DPP to continue ruling, history will judge you badly. God saved us from evil. Malawians will never forget.
NOW WE ARE IN CANAN ETI
Whilst appreciating this gesture, the best gift would have been to give the club FDH shares worth the same amount. These clubs need to learn to diversify their income generation streams.
This man should be our president.
Dr Mpinganjira, that’s one of the cheap ploys to eventually become a president of Malawi. Is your ‘retirement’ from your own bank actually meant to secure you ample time to position you for bidding for the nation’s #1? Good luck, and thanks for giving us more news to feed on.
Mukathokoze as a team. This Malawian is a rare breed. Osamuthokozera mu news or social media . All players and supporters must open accounts with fdh. Ine ndatsekula kale
Reyneck matemba that failed acb boss failed to prove mpinganjiras crimes. Iam not surprised Thom has such good heart. Not long ago Thom also donated to Covid-19 efforts. Wokoma atani abale?
Kodi mulandu uja ukutha bwanji?