Official: Nyasa Manufacturing Company takes over Bullets FC ownership

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It’s done and dusted. Nyasa Manufacturing Company has officially taken over ownership of one of the biggest teams in Malawi.

There were doubts that the deal  would not materialize after it was reported that some section of dissolved members in the Board of Trustees were refusing to sign on the dotted line to officially hand over Big Bullets FC to the cigarettes manufacturing company.

Bullets FC

Taken!

However, the interim executive committee led by Owen Lipipa and the supporters committee led by Stone Mwamadi went ahead to finalize the deal to officially hand over the team to NMC.

General Secretary for the club Albert Chigoga confirmed the development in an exclusive interview with Malawi24 saying he was surprised with the behavior of the said members of the dissolved Board of Trustees as they voluntarily dissolved their board and gave mandate to Lipipa to steer the commercialization process.

“Yes, all the paper work has been done and we are just waiting for the lawyers representing both parties to officially change the ownership at the office of the registrar. I was surprised with what some members from the dissolved Board of Trustees were doing because the Extra Ordinary General Meeting which we had on 18th June 2017, gave mandate to the interim Chairman Noel Lipipa to form a committee to spearhead the commercialization drive.

“Now, after reaching to the very end of the whole process, the said members labelled it unconstitutional, what were they talking about? The mandate was given by the Board of Trustees who dissolved their committee, are they just trying to bring confusion? Wondered Chigoga.

The latest development will see NMC paying debts amounting to K115 million within 6 months, building a stadium, building a village for the club as well as inheriting the club from the current owners.

NMC has already purchased a state of the art bus which is currently in South Africa and is expected into the country this following the completion of the process.

It has also been reported that NMC will list Bullets Football Club on Malawi Stock Exchange within the next five years and at least 30 percent of the shares will be offered to any interested supporter, investor or general public.

The team was initially in the hand of supporters but following NMC’ takeover, the former will no longer be operating at the club.

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152 Comments

  1. Nde akuti akumangirani stadium ya 10,000 seats,bwalo la mpira kapena kwa mfumu? Nde inu kumasekelera zopusazo? Akufuna stadium izikazaza ndi masapota okhaokha? Dzuka malawi dzuka! Umphawi uwu for sure.

  2. Chikhala Ana a Jacob Bullets Bwenz Ali Reuben,chikhala Cartoon Ali Sauzika Kapena Pewani Bolanso Apawo Ndi Dolo… Ife Athu Ndi Maso

  3. Dating a girl who is not Educated is Ok until you text her “Good night babe and sweet dreams” Then she replies with “Thanks my love and may your soul rest in peace” My Brother you will not find even the tiniest of sleep that night at all.

  4. thus what we have been waiting…….. thanks to Lipipa and his men for the work done.. enanu amene mumati mumaikonda team pitani mukagure ma share

  5. Bola pamenepo anyamata aja ayambe kuvala nsapato sopano asiye kusuta ngambwe.. asing’anga anu aja muwatengeso kumeneko..

  6. Thanks for your coming Nyasa Manufacturing Company that’s the development we have been waiting for a long period of time and now it has happen. As you know that NBB is the biggest club in the country but due to lack of football facilities was an issue for the club this I say thank you. I would like to advise you that as you take this Club you have to be very careful in terms of management this includes the technical panel of the club and it’s players so that you can see first the way it will perform before you make your own decision for a change, thanks. Wishing you all the best and together we shall be, still a NBB supporter. May God give you a way to lead this team as ever before.

  7. Kudzakhala kovuta anthu kuzindikira!!! Team kugulidwa sindiye kuti team yo yatha ayi koma kuti chiyambi cha tsogolo labwino. Inu basi mmangofuna ikhale mmanja mwa anthu basi mpaka liti? Pamenepa ma player awona kuwala and chilichose chikhala ndi dongosolo lake osati ndalama zoyenera kudya ma player kumapezeka akudya ndi wootcha chips kapena ogulitsa ma memory card anyimbo kale,ogulitsa tameki mwachidule ndingoti zitsiru zonse zimatukwana komaso kugenda zija. Apa team ili pabwino tsopano.

  8. Yapita pa mtengo wanji? Akusunga money ndani? Pakufunika pakhazikitsidwe bungwe la padera kuti ligawe ndalamayo mwachilungamo. Nafenso mavenda akwa Nambazo ndi Mswang’oma ku Phalombe zitipeze. BB tayifera kwa zaka zambiri choncho pasapezeke wophangira

  9. Its not the people’s team its now the nyasa’s team ndie wina amati ndi yake kumavuta ku stadium kumalowa ulere uli ndinaimvera kuwawa lerotu zatha kupanga chibwana anyasa azakunjatisani kuti mukuwaonongera chinthu chawo.

    • Kusadziwa nkufa komwe,muone ku South Africa kuli ma team ngati Jax cape town,Cheifs,Pirates,Platnum stars,Bidvest,onsewa aali ndi anuwake tsono bullets inali ngati ya masiye and lero ena achisoni ayitenga iwe nkumati tapititsa team??? Kuli Liverpool ili ndi anu wake,Man City,ndi ma team onse amakhala ndi anu wake,pamenepo enanso adzibwera kudzapanga sponsor kuthandiziranso

  10. SIKU LINA TIZAKAZAZANA KU NYASA M COMPANY KUTI ATIUZE BWINO ,PAMENEPO PAZAKHALA KUTI TEAM SIIKUYENDA BWINO CZ AWA ATENGA TEAM YATHUWA NDI A BUSINESS SIAMPILA MAPETO AKE TEAMYI ITHA NDITHU

  11. Good development neba. Kondi ndi anzake apse mtima. Ife tikhala ndi chidzukulu tsopano, mwana wako uja akuti amutchula BT Bullets uja sinanga iwe ndi mwana wthu obereka tokha.

  12. Amalawi ndi choncho ukasauka akutukwane kuti ulibe nzeru ukalemeranso wapalamula mmmmm munthu alibe pabwino basi.Leave BULLETS alone ma player asangalale awa ayendele njale

  13. Eshiiiiii deal yatheka nthawi yolakwika kwambiri apa ma team alandira zilango sizamwana.I can see these two remaining trophies grabbed by BULLETS.Ana amyate tsapano.

  14. bola azichitira ma player zofuna zao osangoitenga kuti iwapangire ndalama potchukitsa kampani yaoyo za bule iwo adzilemera ma player adzisauka zikakhala choncho nde adzaona polekera ma palestina alibe dzibwana ngakhale agreement ili apo iwo samaimva, ngati angapange zonse zofunikira then its good development.

  15. Kaya yapita pa mtengo wa bonya,ena akuti maluzi si abwino and what so ever you said sizipindula kanthu nkhani apa ndiyakuti amene amakhetsa thukuta ayambe kumva kukoma tsopano.Ena akudana nazo chifukwa cha nsanje ena chifukwa choti amadyela pompa koma pano no mita.Hala ma Nyasa .

  16. Bullets is very cheap and bullets was supposed to be listed on stock exchange supporter should buy shares not just giving away the so called peoples team

    • Cud u have purchased some shares, or u are just talking,, football in malawi its not dat big business nobody can risk his money in football

    • rubbish and small minded man! The team has been struggling ever since where was your stock exchange? You wanted selfish people in the likes of Msungama run the club as their farm! People like you are the ones who pulled Bullets downwards.

    • The club will be listed on Malawi’s Stock Exchange NMC will have 60% controlling stake while 30% in shares will be up for grabs by any willing individuals, the agreement stipulates. There you go, you can buy some and be a partner.

    • Point ya uchi ndikuimvetsa kutengela kuti ndi (peoples team) ndi chifukwa akutelo kuti zizigwilizana.Koma kupanda kutelo aaa ndi nyasas team not other way round.Nanga ndatukwana?

    • Chiku Jere what about the remaining 10%?? I also think the idea of stock exchange would have been ideal!
      This whole purchase is so primitive!! How can u exchange a team with millions of devoted fans with a mere bus?? I mean your selling point was the bus??? Fact is the market value of bullets is somewhere in billions!!

    • Bwana Ibrahim Idrissa, don’t worry zachitika basi mungovomereza…for years the team has been surviving at the ‘mercy’ of the so called well-wishers who inturn turned it into a conduit of their usury business at the expense of our hard-working and loyal players. I believe the takeover will assure respectful salaries for our players. Mwina maguy wa anga mangeko nyumba ndi kugula galimoto olo njinga zoyendera popita ku training ndikusiya kuyenda zamadulira. Ka 10% ndikumva kuti is an affirmative allocation solely for supporters who can also compete for the 30%.

  17. thanks kwambiri Nyasa manufacturing company for coming to their rescue. This is a good development to our football here in Malawi. A team with millions of supporters but it was straggling for funds. NMC woyeeeeee

  18. China chili choose mumalawi muno eni ake ndi a kunja tomorrow they must also come to take over malawi apa wina wadyapo dola koma ACB ili phee

    • Even ki England komwe ukoooooo ma team aja eni ake ndi ma foreigners talk about Chelsea mwini wake ndi waku Rusha,Man untd eni wake ndi a ku America,Man cty eni wake ndi amwenye middle east ukufuna unenepo chani apa?.

    • eni ake ndi ma foreigners koma kuli malamulo opindilira dziko even tax yama foreign players imakhala high like 50% ku spain

    • Amwene A Mc Nyasa ndi company ya m’malawi and amakhoma mnsonkho wochuluka kwambili…Ku spain ndi england eni ake ama team aja amakhala kuti ma business awo ndi akuluakulu thats why amakhomela msonkho waukulu komanso osati 50% ukukambayo palibe angalore zimenezo nde business yako siziyendatu…

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