TNM Super League first round grossed over K239 million in gate collections surpassing last season’s revenue with 25 percent nominal growth.
According to a report released by Super League of Malawi (Sulom) treasurer Tiya Somba-Banda, Mzuzu University (Mzuni) FC are the most improved side on the revenue ladder having moved up to sixth from last season’s 12th after earning K3.6 million.
Ironically, Mzuni are also the most improved side on the log table having finished on fifth position from last season’s 12th—just above giants Nyasa Big Bullets and Be Forward Wanderers.
Bullets lead the earnings chart with K22.181 million, seconded by Nomads with K18.964 million while MTV Max Bullets collected the least, K1.875 million.
“The 16 teams shared K91 306 846, which is 38 percent of the total gross collection. Sulom and Football Association of Malawi’s [FAM] share was K18 251 151 each. Ground owners got 19 percent of the gross collection [K45.653 million] while stakeholders [police, stewards, cashiers] received K56.512 million, which is 24 percent of the gross collection,” the report compiled the Sulom treasurer, reads in part.
Somba-Banda said the target is to hit K1 billion at the end of the season.
“Our target is to collect half a billion this season and we are just K11 million away to half of that and we are optimistic of achieving the target,” he said.
He, however, observed that the gap between top five teams and those and the others was getting wider.
Somba-Banda said: “The teams in bottom eight need to up their game for more people to watch their games. They are the same teams anchoring the log table as well. A good example is that of Mzuni. It is the most improved team on the pitch and the same has translated into the earnings. Civo was number four on revenue list last season, but due to poor performance, they have plunged on the earnings.”