National Sports

Bullets to launch fundraising drive

 

Despite being one of the best sponsored clubs in the country after securing K500 million (about $717 472) five-year sponsorship from Nyasa Manufacturing Company, Big Bullets FC is set to launch a fundraising drive in three weeks.

Bullets executive committee chairperson Sam Chilunga confirmed to The Nation this was one of the resolutions made during a meeting between the club’s board of trustees and executive committee at College of Medicine (CoM) Sports Complex in Blantyre on Saturday to make sure the club is sustainable even when sponsors decide to pull out.

The initiative will benefit Bullets players
The initiative will benefit Bullets players

“We want the club to be sustainable no matter the circumstances we might find ourselves in. We seriously thought what would become of the club if our sponsors decide to pull out today,” said Chilunga. “We do not need to be myopic, but think ahead if we are to be successful in all our endeavours; hence, the launch of our fundraising strategy in three weeks.”

He added that as they plan to participate in the 2017 Africa Club Championships and adopt the club licensing agenda of making football as business, they need to be self-reliant even when they have reliable sponsors.

“We will hold a press briefing at a yet-to-be disclosed venue in Blantyre next Friday to explain everything in detail,” he said.

Bullets board of trustees general secretary Jim Kalua concurred with Chilunga that they have embraced the idea of making the club a vibrant commercial entity through other means in the backdrop of sound sponsorship.

He added that they have directed the executive committee to produce monthly reports to be copied to the board and the sponsors so that all the stakeholders should know what is happening within the fold.

Kalua further said they have enhanced roles of each of the club’s executive committee member and they will come up with terms of reference for each of them to ensure that there is no override of duties.

“We realised that it was the non-existence of terms of reference that made it appear as if there were wrangles within the executive. But from now on, everything will be in order as everyone will know exactly what they are expected to do for the club,” he said. n

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