CAPS United Lands US$4.3 Million Sponsorship Deal with Lesotho Bank

In a landmark move for Zimbabwean football, CAPS United Football Club has secured a major sponsorship deal worth US$4.3 million with Lesotho’s Green Dollar Development Bank. The agreement, officially unveiled in Harare on Friday, marks a significant boost for the club and is set to transform its operations over the next three years.

The three-year deal, commencing in January 2026, will see structured funding injected into various facets of the club, ranging from player development and salaries to infrastructure and community outreach programmes. The sponsorship is one of the largest in recent Zimbabwean football history and reflects growing interest from regional investors in supporting local sports.

At the official announcement, CAPS United chairman expressed his excitement, calling the deal a “game changer” for the club. “This sponsorship is not just about money. It is about vision — a vision to strengthen CAPS United both on and off the pitch,” he said. “We believe this partnership will usher in a new era of growth for the club and Zimbabwean football at large.”

The chairman further noted that the deal will provide stability for the club’s finances, allowing for better planning and execution of its long-term strategy. “With this support, we can now focus on developing talent, enhancing our training facilities, and ensuring that our players have the resources they need to succeed,” he added.

Green Dollar Development Bank, the sponsor, is known for its commitment to regional economic growth and has a strong track record of supporting sports and youth development projects across Southern Africa. In a statement, the bank’s CEO highlighted the strategic nature of the partnership.

“We are proud to support CAPS United as part of our mission to promote youth empowerment, sports excellence, and community development,” the CEO said. “Football has a unique ability to unite communities, inspire young people, and foster national pride. We see this partnership as an investment not just in a club, but in the future of Zimbabwean sport.”

CAPS United Secures US$4.3 Million Sponsorship Deal with Lesotho’s Green Dollar Development Bank

The financial package will be disbursed in structured instalments over the three years, allowing the club to manage the funds effectively. The agreement also includes provisions for joint community outreach programmes, grassroots football development, and infrastructural upgrades at the club’s facilities.

CAPS United’s manager also weighed in, saying the sponsorship would improve the club’s competitive edge. “This deal is crucial for our ambitions,” he said. “It gives us the resources to strengthen our squad, improve training, and ensure that we remain competitive at both national and continental levels.”

The timing of the deal is seen as fortuitous, as CAPS United is in the midst of rebuilding its squad and repositioning itself as a leading force in Zimbabwean football. With consistent financial backing, the club aims to solidify its status and compete more effectively in regional tournaments.

Fans reacted with enthusiasm to the news, flooding social media with messages of support. Many expressed optimism that the sponsorship would herald a new era of success for CAPS United. “This is a huge boost! CAPS United is back!” one fan wrote on Twitter. Another said: “With this kind of backing, we can dream bigger — continental glory is possible.”

Sports analysts have noted that the deal sets an important precedent for Zimbabwean football. It demonstrates the potential for regional partnerships to strengthen domestic leagues and provide stability for clubs that have historically faced financial challenges.

“This is a landmark deal,” said sports commentator Tendai Chikowore. “It’s a reminder that strategic sponsorships can be transformative. For CAPS United, this means greater financial security, better infrastructure, and a stronger platform for growth.”

The Lesotho-based bank’s involvement is also seen as a sign of increasing regional cooperation in sports. Analysts point out that cross-border sponsorships can open doors to greater exposure, higher quality competitions, and opportunities for players to showcase their talents beyond national borders.

For CAPS United, the sponsorship is not just a financial lifeline — it is a statement of intent. The club has set its sights on reclaiming its dominance in the Zimbabwe Premier Soccer League and making an impact on the continental stage. The partnership with Green Dollar Development Bank gives them the resources and confidence to pursue those goals.

As the three-year agreement kicks in from January 2026, all eyes will be on CAPS United to see how effectively the funds are utilised. If managed well, this deal could redefine the club’s trajectory and set a benchmark for sponsorship in Zimbabwean football.

For now, CAPS United fans have cause to celebrate. The US$4.3 million sponsorship represents not just financial support, but a renewed belief that their club is on the path to greatness. As one supporter put it on social media: “This is the start of something special for CAPS United. The future looks bright.”

Source- iHarare

Exit mobile version