Football Association of Malawi (FAM) has distributed the 2019 Airtel Top 8 broadcasting rights revenue to the eight teams that participated in the competition.
This has been disclosed in a press release issued by FAM on August 8, 2019.
According to FAM Commercial Director Limbani Matola, the exclusive broadcasting rights for all the 11 matches in Airtel Top 8 were awarded to any agency called Simply Black and the returns have been shared according to the number of games each team played.
Matola said: “The net value for the rights was K3, 084,000.00 and the teams got 80% translating to K2,467,200.00 while FAM kept the 20 percent which was K616, 800.00 and the money has been shared according to the number of matches each team played with those that played more games getting a bigger share.”
The two finalists Silver Strikers and Karonga United pocketed K448, 582.00 each having played 4 games apiece while losing semifinalists Mzuni FC and Masters Security received K336, 436.00 each from 3 matches.
Be Forward Wanderers, TN Stars, Kamuzu Barracks and Civil Sporting Club, who were eliminated in the two-legged quarterfinals, received K224, 291.00 each.
FAM has assured all the teams that take part in competitions under the association that they will continue to benefit from broadcasting revenue saying it is the priority of the association to continue moving football forward.
The 2019 Airtel Top 8 took place from April 27 to June 29.