Nyasa Big Bullets FC board of trustees chairperson James Busilley has said it is disappointing that some sections within the team’s set up are distorting facts about the commercialisation drive.
“There are some quarters who deliberately distort facts by claiming that the resolution that was made at the recent extraordinary general meeting [EGM] was to sell the club to the sponsors Nyasa Manufacturing Company [NMC].
“What was resolved was that the club should be turned into a commercial entity so that those interested can bid for shares and NMC are among those that will be offered shares.
“We want this club to be run as a professional entity with clear ownership guidelines so that it can become self-sustainable and that is how it is done elsewhere. Teams like Manchester United in England and Kaizer Chiefs in South Africa have owners and that is the route we want to take,” he said.
Busilley said it was for that reason that the EGM entrusted the club’s chairperson [Noel Lipipa] to spearhead the process by coming up with clear guidelines.
He also clarified that his absence at the EGM was not by design, but that he was fasting as it was held during Islamic month of Ramadan.
“So, my absence at the EGM should not be misinterpreted to suit other people’s personal interests.”
Meanwhile, Lipipa has said the commercialisation drive has since started.
“We have rolled off the process, but we are still in the early stages. We are working on identifying a committee that will comprise representatives of the trustees and supporters. It will also include economists and lawyers among others,” he said. n