WITH uncertainty engulfing CBZ Bankâ€™s continued sponsorship of the Premier Soccer League (PSL), league giants Dynamos will today renew their deal with Savanna Tobacco.
The new three-year deal will see the Harare club receiving US$200 000 annually from the sponsor. The package will cover travel and accommodation expenses, playersâ€™ and technical staff salaries and sign-on fees.
Savanna, through their Pacific Storm brand, sponsored Dynamos for the past two years but pulled out at the beginning of last season following in-house fighting at the club over executive positions.
A Dynamos club official however yesterday said Savanna had not severed all ties with the clubs.
â€œThey never terminated the deal,â€ he said. â€œLast year they said they were stepping aside because of corporate governance issues. They said it was difficult to maintain the relationship because of lack of transparency and accountability under such a scenario where people were jostling for key positions in the club. What will happen tomorrow is just a renewal of that relationship.â€
He added: â€œThey bluntly told us that they are not concerned about who is in the clubâ€™s executive. They said they are concerned about the club and the fans who happen to be their consumers.â€
Savanna will also continue to bankroll Highlanders, who they sponsor under their Pacific Breeze banner.
The company is said to be happy with the way the club is run, particularly the swift transformation following the clubâ€™s recent elections where key office bearers such as the vice-chairman and treasurer were retained.
Meanwhile, the PSL has dismissed reports that it pushed the hotly disputed proposal to set a salary cap for players in the league. The PSL executive committee this week said the majority of the clubs had initiated the proposal. â€”Â Staff Writer