The hike has led to the prize money for the champions being increased from K9 million to K15 million while the runners-up will now get K7 million up from K4.5 million.
The third-placed team will get K4 million up from K2.5 million translating to a 60 percent hike whereas the fourth-placed team will now get K3.5 million up from K1.5 million.
Fair play and most improved teams’ awards have also jumped to K800 000 from K600 000.
Announcing the good news during a press briefing held at TNM’s head office, chief commercial officer Dan Makata said as a responsive brand, TNM had noted the recent changes that have happened in the Malawi economy.
“Hence our decision to review the sponsorship package. Our current sponsorship contract which was at K65 million runs up to 2017, but TNM still felt duty bound to review the package.
“It is my pleasure to announce the adjustment of the sponsorship package from K65 million to K90 million with the champions going away with K15 million,” said Makata.
Makata said described the hike as a milestone in TNM’s quest to uplift the standards of the game to greater heights.
The TNM marketing head further said it is their belief that the new package will spur the level of competition in the domestic elite league to unprecedented level.
“I [also] wish to commend Sulom [Super League of Malawi] for the professional approach which characterised the discussions for the new package,” he concluded.
Suleman expressed gratitude to TNM for the hike, saying: “We are looking at fortified partnership that should take the game to another level; through this increase, we have received an extra punch which should spur the level of competition.”
He appealed to the players to exercise diligence and fairplay as the season rolls into life this Saturday and also appealed to the referees to take a firm line “without influence or favour.
“To club officials, I say let us respect our constitution, let us instil professionalism into our game,” added Suleman.
