Monday, March 8, 2021
  • About Us
  • ImagiNATION
  • Adverts
  • Rate Card
  • Contact Us
The Nation Online
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Opinion
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Opinion
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
No Result
View All Result
Home Front Page

Creditors on Nomads’ neck

by Garry Chirwa
26/05/2018
in Front Page, National Sports
3 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

Debts in excess of K30 million incurred during their participation in the CAF Champions League, have started taking a toll on Be Forward Wanderers FC.

A source has confided in the Weekend Nation that the TNM Super League champions risk being dragged to court for missing a seven-day deadline to settle a K24 million debt with an airline travel agency.

RelatedHeadlines

RBM sues Mulli, 4 others

Dilemma over regional elections

Haiya promises big for Bullets

nomads 3 | The Nation Online
Nomads taking on AS Vita of DRC in the CAF tourney

Said the source: “When they [Wanderers] were travelling to the DRC [Democratic Republic of Congo], they acquired return air tickets from TNT Travel Agency on credit on the understanding that they would pay the money after their return match. Unfortunately, that did not happen.

“Efforts by the travel agency to persuade the club to settle the debt proved futile and they sought their lawyers’ intervention who wrote Wanderers a letter, giving them a seven-day deadline which has since elapsed and they are now seeking court redress.”

TNT Agency could not be reached for comment.

Apart from the travel agency, the Nomads are also being taken to task over unpaid hotel bills totalling to about K7.6 million.

In an interview on Wednesday, the Nomads chairperson Gift Mkandawire confirmed the debt, saying they are struggling financially.

“We are in deep problems. We are currently courting well-wishers to bail us out and the situation is not good.

“The amount [owed to some service providers] is just too huge, but we are trying to find a solution and our trustees are also trying their best,” he said.

Asked why the club went on to take part in the continental showpiece when they were not certain about funding, the Nomads boss said: “The consequences of withdrawing would have been far-reaching.

“We would have lost more in terms of penalties, including being banned from taking part in any CAF tournament for two years. We were also looking at the pride of football in Malawi.”

Meanwhile, as desperation takes its toll on the Nomads, they  recently took their begging bowl to government by approaching the Minister of Finance, Economic Planning and Development Goodall Gondwe.

Gondwe confirmed having been approached on the matter, but said he referred them to the Malawi National Council of Sports (MNCS).

“Yes, somebody indeed raised that issue with me, but I advised them to go through the Sports Council because that is the norm,” said the minister.

MNCS executive secretary George Jana said he was not aware of Wanderers “having approached the minister or anybody else”.

Two weeks before their trip to the DRC, the Nomads wrote the Football Association of Malawi (FAM) informing them about their intention to withdraw from the CAF tournament, but made a U-turn barely hours later.

This was after their Japanese sponsors Be Forward Limited withdrew their commitment to pump in K53 million towards the preliminary round games reportedly after being put off by some unpleasant issues within the team.

Part of the letter which the club, through its general secretary Mike Butao, wrote to FAM, reads: “We are sorry but circumstances have forced us to withdraw from 2018 CAF Champions League with immediate effect. Please advice CAF of this  withdrawal. We regret the inconvenience this will cause.

“Please advise us on the penalty associated with such withdrawal.”

Previous Post

Let people’s choice lead DPP

Next Post

Education expert warns on Nche

Related Posts

Mulli: The chiefs chose Kaduya
National News

RBM sues Mulli, 4 others

March 7, 2021
Action in the SRFL Premier Division
National Sports

Dilemma over regional elections

March 7, 2021
Haiya: It’s really a great honour
National Sports

Haiya promises big for Bullets

March 6, 2021
Next Post
Polytechnic has proposed to change to Malawi University of Business and Applied Sciences

Education expert warns on Nche

Opinions and Columns

Search Within

Cut out the religious dogma from Covid-19 vaccines

March 7, 2021
Big Man Wamkulu

Won’t libido-boosting pills kill him?

March 7, 2021
Political Uncensored

Pulling rank…

March 7, 2021
People’s Tribunal

Ombudsman has challenged us all

March 7, 2021

Trending Stories

  • Protesting pay cut: Mathanga

    Court blocks RBM deputy governor salary cut

    0 shares
    Share 0 Tweet 0
  • RBM sues Mulli, 4 others

    0 shares
    Share 0 Tweet 0
  • Police, DPP, ‘ignore’ court order

    0 shares
    Share 0 Tweet 0
  • Ministry plans to export 1m tonnes surplus maize

    0 shares
    Share 0 Tweet 0
  • Govt to finance 15 major projects

    0 shares
    Share 0 Tweet 0
  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2021 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Opinion
  • Sports
  • Chichewa
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.