Capital city giants Silver Strikers football club Chief Executive Officer (CEO) Thokozani Chimbali says the club has spent K40 million to extend contracts of its players with most of them expiring in 2022 and 2023.
According to Chimbali, the central bankers has given signing on fees to 29 players to extend their stay at the bankers and they want the team to be intact for a long time and don’t want to panic with contract negotiations when a player’s contract is going to an end which brings in commotion in most cases.
“We want the club to be run in a different way than how it was run in the past where we would wait for a player’s contract to come to an end before we start negotiations for a possible new contract. For that reason we have thought it wise to give our players contract extensions with most of them ending in 2022 and 2023 which has costed us close to K40 million.
“We are doing this to take off the pressure on ourselves and we don’t want to have debts with any of our players and the new contracts have also been given to the youngsters we have promoted from our reserve side”, said Chimbali.
This year, the bankers have promoted Malawi under 17 national football team players Chinsinsi Maonga and Frank Chizuze together with Maxwell Paipi, Zebron Kalima, Phillip Banda and Innocent Shema from their reserve side.
Reports indicate that Malawi national football team goalkeeper Brighton Munthali is the only senior player at the club yet to extend his contract and negotiations are still going on with hope that the former Wizard shot stopper will agree to a new deal.
The reserve bank sponsored side won the FISD challenge cup in 2019 and has given their new technical panel comprising of Zambian coach Daniel Kabwe who will be assisted by Mcdonald Yobe and Macdonald Mtetemela to win the super league and other trophies once the 2020 season kick off.
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