Home Sports Dynamos and Highlanders’ multimillion-dollar Sakunda deal unpacked

Dynamos and Highlanders’ multimillion-dollar Sakunda deal unpacked

Kuda Tagwireyi and Emmerson Mnangagwa

Dynamos and Highlanders’ multimillion-dollar Sakunda deal unpacked. The deal was announced at the Meikles Hotel in Harare today. As part of the sponsorship, the two clubs will each get US $1 million a year for 3 years.

The two most popular clubs in Zimbabwe, Dynamos, and Highlanders have unveiled the USD multimillion Sakunda sponsorship deal. The deal stipulates that Sakunda Holdings will:

  • pay salaries for the players and technical team to the tune of US$ 420 000.
  • pay sign-on fees, amounting to $60 000
  • operational and administrative expenses of US$60 000.
  • pay a bonus of $200 000 to any of the two teams if they win the league
  • provide cars will to coaches and captains of the 2 teams

News that the deal would be announced this week broke out a few days ago, with activists calling on the 2 clubs to reject the sponsorship as Sakunda has been implicated in some corruption activities in the country.

Sakunda Holdings is owned by a businessman called Kudakwashe Tagwirei. The man has been accused of corruptly amassing a fortune at the expense of the Zimbabwean taxpayer.

At the sponsorship announcement event, Sakunda also revealed that it had donated houses worth US$90 000 each to football legends Moses Chunga and Madinda Ndlovu. The two football legends who were present at the event got.

Source – Pindula News

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