Bullets raise K3.2m in magazine launch
Nyasa Big Bullets FC Magazine, launched on Friday at College of Medicine (CoM) Sports Complex in Blantyre, generated K3.2 million through auction.
HTD Limited was the highest bidder, buying the first copy at K570 000. Surendra Prasad, a technician of the club’s sponsors Nyasa Manufacturing Company Limited, was the second highest bidder with K550 000.
Bullets chief administration officer Albert Chigoga said the magazine is one of the initiatives aimed at helping the club generate income.
“We believe the magazine initiative will not only allow us to communicate with the masses, including supporters, on what is happening at the club but also help in revenue generation rather than just relying on gate collection from our matches,” he said.
“It feels great to see that we have already made over K3 million on the first day of selling the magazine.”
Chigoga said the magazine, priced at K4 000, will be available across the country soon, “but currently you can grab a copy at Nyasa Big Bullets FC Club House and NMC head office”.
HTD Limited sales executive Sharon Jumbe said they are impressed that Bullets FC is able to think outside the box as regards income generation and “as a company we are committed to supporting clubs that take a step to help themselves first”.
Guest of honour Minister of Youth, Sports and Culture Francis Phiso, who bought his copy at K100 000 and was accompanied by the corporate companies and Football Association of Malawi (FAM) officials, urged other top-flight league outfits to follow suit if they are to achieve financial independence.
Among other notable figures at the event were FAM executive committee member Felistus Dossi, NMC managing director Fleetwood Haiya, Bullets chief executive officer Escorts Chinula and Bullets supporters director Stone Mwamadi.
