FAM realizes highest gross revenue in Charity Shield

Staff Reporter

Malawi’s football governing body, FAM, says that the 2024 NBS Bank Charity Shield match between FCB Nyasa Big Bullets and Silver Strikers FC played last Saturday at Bingu National Stadium (BNS) was a success. 

According to a statement released by FAM, the Charity Shield match revenue grossed MK88.4 million and net income was MK43.6 million.

The statement further revealed that the net is 114% higher than the MK20.4 million raised in 2023 and the highest since the Charity Shield was introduced in 2016.

This year’s proceeds will be used to invest in the education sector where NBS Bank and FAM through its technical implementing partners will construct sanitary facilities at yet to be identified primary school(s) in the central region.

Bullets won the Charity Shield match on post match penalties winning the trophy for the seventh successive time.