CK seek investment partners

Newly promoted TNM Super League side Chikwawa United want to play it safe in the boardroom by calling on interested partners to invest in running the team as a business entity.

The Peter Mutharika Southern Region Football League (SRFL) Premier Division champions advertised in The Nation on Monday calling on investors to exploit business opportunities which the club is offering.

The club, which operates as a registered company, says the cost of their offer “shall be determined by the partner in liaison with club”.

The partnership is expected to contribute towards the strategic aims of the club.

“Chikwawa United is and has always been a going concern. It expects to contribute an approximate of not less than 30 percent as its cost share. Thus the partnership funds shall not be the sole source of financing the club’s operations. The current contribution from the owners and ordinary affiliation shall be maintained and grown to safeguard the club’s sustainability,” reads the advert signed by club chairperson Owen Chomanika, vice-chairperson Yona Sibale and Evance Sibale.

No Shire Valley side has played in the Super League since Nchalo United’s relegation in the 2005 season.

Meanwhile, Chikwawa are expected to hire an office manager by April 1 2014.

“The club would like our prospective partner to realise value for their money,” added the advert.

“We are open to engage ourselves in promoting your products or brands that are desired in our communities and even create a desire in our communities to use your brands.”

The Shire Valley giants gained promotion to the Super League few weeks ago alongside Support Battalion of the Central Region while the North is yet to produce its Super League candidate to replace relegated Evirom, Mponela United and Mzuzu United.