First Capital Bank has increased the FCB Under 20 League sponsorship by K5 million to a K35 million .
The Bank’s Acting Chief Executive Officer Thomas Kadantot revealed this on Thursday during the 2019 U-20 pre-launch cocktail as the bank reaffirmed its commitment to youth football development.
“We have seen that throughout the years, the league has grown from just being a three City show to almost a nationwide event covering 14 districts .We want to see the league covering all the districts
“It is the spirit of ‘good citizenship’ which forms part of our core values as a bank that see us continue partner with the National Youth Football Association of Malawi. We have always believed that Malawi has got talent in as far as football is concerned but the game lack support in development which we want to help”, said Kadantot.
FAM president Walter Nyamilandu hailed First Capital Bank for its continued commitment to support youth football development in the country.
“When all other sponsors were looking at elite football, FCB choose to be unique by turning the focus to the nursery of game, this is very recommendable because football success at the top level does not come on a silver platter; it needs a lot of investment at grassroots.
“The success of a footballing nation is defined by the strength of its nursery. In 2010 we qualified for AFCON because we had a team of players who rose through a systematic structure of youth developmental leagues in the 90’s.
“We abandoned those programmes in the early 2000s and that is why over the years we have struggled to produce quality players resulting in Flames poor performance. Then First Capital Bank came and helped us lay foundation of reestablishing the systematic youth structures, we are very grateful for this is a driver of Malawi football towards future success”, said Nyamilandu.
Nyamilandu has since assured the National Youth Football Association (NYFA) that FAM will continue to provide material, technical and administrative support .
NYFA chairperson Chimango Munthali said the increment in the sponsorship will help the Association improve running of the leagues.
“As NYFA, we are very focused in making sure that our league progresses by looking at the quality of the game. A good number of players have come from the league and are now big stars and we will continue produce top talent for our national teams”, said Munthali.
First Capital Bank started sponsoring the league in 2009.