By Chisomo Phiri
FDH Bank has secured the title sponsorship of the Malawi Super League in a K5 billion deal over five years, marking a significant boost for the country’s top-flight football competition.
The bank made the announcement at an event held on Wednesday evening at Mount Soche Hotel in Blantyre.
Under the new sponsorship arrangement, the league will be renamed the FDH Bank Premiership, with the bank committing K1 billion annually.
Inside the package, champions will pocket K200 million, while runners-up will receive K100 million.
The third-placed team will get K75 million.
FDH Bank also revealed that K100 million will be set aside each year under its agreement with the Super League of Malawi (SULOM) to support a players’ welfare fund.
The bank takes over from mobile phone operator TNM, which has been sponsoring the league since 2006.
Apart from the new sponsorship, FDH Bank also sponsors the FDH Bank Cup, the Mayor’s Trophy tournaments in Zomba, Blantyre and Lilongwe, the FDH Bank Netball Premier League, and also supports both the Flames and the women’s national team, the Queens.
