Thursday, April 25, 2024
Image Description

FAZ and MTN sign improved deal

Share

FAZ and MTN have signed an improved US$4.5 million deal for the sponsorship of the FAZ Super Division.

The two parties extended their relationship on March 19 in Lusaka that saw the new three-year deal increased from the previous US$3 million package.

FAZ president Andrew Kamanga said the league champions will now received K500, 000 from the K250, 000 they previously won.

Kamanga added that all 20 clubs will each receive a K200,000 annual package from the K7,000 they were paid out in the last contract.

“The Association is particularly excited with MTN’s decision to increase its sponsorship package to US1.5 million per year with US$300,000 being in kind,” Kamanga said.

6 COMMENTS

  1. Improved? 4.5 million for 3 years? MTN sponsor a club competition, super 8 in SA for 2 million dollars every year!

  2. This sponsorship is a joke of the year. $4.5m is annual salary for one player in EPL. Too many secretes in FAZ, what about Supersport money, how do you districbute it? Anyway on scale of comparison, Andy is better than Kalu.

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading