DeMbare close in on big money

24 Feb, 2019 - 00:02 0 Views
DeMbare close in on big money

The Sunday Mail

Langton Nyakwenda

FINANCIALLY crippled Dynamos are on the verge of sealing a sponsorship deal worth over $700 000 per season.

Although DeMbare are keeping their cards close to the chest The Sunday Mail understands that a tobacco firm with ventures in several African countries has agreed in principle to go into bed with the club.

The company also sponsors a Malawian top flight team.

Sources yesterday revealed that a pre-contract agreement between the two parties has already been signed and should the deal sail through, Dynamos will get a monthly financial injection of $60 000.

Dynamos were sponsored by NetOne last season but the mobile network giant has been reluctant to extend its relationship with the rebuilding Harare side.

However, there is a ray of hope for the once Glamour Boys as their potential sponsors appear convinced that Dynamos, for all their boardroom drama, can help establish their brand in Zimbabwe.

“Dynamos are engaging a multi-national company over a five-year deal which is performance based. One of the conditions of the deal is that DeMbare returns to continental football within the next two seasons.

“The talks have been going on for some time now and to use football language, I can safely say we are about to get to full time. Most of the things are agreed upon,” said a highly placed source.

The incoming sponsor has also tentatively agreed to cater for January and February salaries as well as sign on fees.

Dynamos spokesperson Tinashe Farawo played down the sponsorship reports, when contacted for a comment.

“Dynamos has been linked with so many sponsors, especially on social media. The other time it was Lafarge Cement, on another day there’s speculation on the NetOne deal.

“People are allowed to speculate but when the right time to talk about sponsorship comes, Dynamos will let the media know.

“Besides, issues to do with sponsorship, if there are any, are announced by our chairman,” said Farawo.

DeMbare chairman Isaiah Mpfurutsa could not be reached for a comment.

The Harare giants are desperate to get back on track following a disastrous 2018 season that saw them finishing 11th on the 17-team table.

The last time DeMbare won the league title was back in 2014 under Kalisto Pasuwa.

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