Sakunda Holdings Threatens To Withdraw Dynamos FC Sponsorship
Kudakwashe Tagwirei Zimbabwe business tycoon with close connections with President Emmerson Mnangagwa is still on the list of UK sanctions
Sakunda Holdings has threatened to withdraw sponsorship to Dynamos Football Club following reports of divisions within the club’s Board over control of running the club.
Sakunda Holdings, owned by business mogul, Kudakwashe Tagwiei, urged the club to resolve the club’s impasse.
ZBC News reports that there is a clash between the Bernard Marriot Lusengo and Ernest Kamba-led boards in running the affairs of the club.
The club sponsors wrote a letter to the duo raising their concerns about the disputes.
Meetings have been held since September last year to resolve the current standoff but nothing materialised.
The sponsors have threatened to withdraw their sponsorship if no solution to the board impasse is found.
Dynamos Football Club has not been adhering to the constitution which got the club’s Electoral College to elect Ernest Kamba to run the club according to the 1963 Constitution.
Sakunda announced this year that Dynamos FC and Highlanders FC, the two biggest football clubs in Zimbabwe, are to get multi-million dollar sponsorship from Sakunda Holdings.
Among other benefits, the two clubs are getting USD 1 million each, every year for 3 years.
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