Netone withdraws Bosso sponsorship

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Harare – NetOne, the principal sponsor of Highlanders, will be paying its last salary installment to Highlanders this month so as to revisit its social responsibilities as they are now requiring more attention than entertainment due to the threats caused by the coronavirus on people’s livelihood, a source has revealed.

According to the report in the Chronicle, Highlanders’ players are now restless as the football faces downfall because of the withdrawal of sponsorship by the reliable sponsors like NetOne, therefore the Bosso executive is now being forced to look for another source of income to remain afloat.

“If nothing comes up before end of May, the club will be staring at a potential crisis. Having received April salaries, the last batch from NetOne is coming at the end of May. Already, when the April salaries delayed, players were restless and you could tell by the tone of their messages. They even added the CEO (chief executive officer, Nhlanhla Dube) and treasurer (Donald Ndebele) to their (WhatsApp) group.

“With all industries feeling the pinch because of Covid-19 effects, it will be a difficult task for the club to get a partner to fill the void left by NetOne. Feasible rescue plans will have to be found,” said the source.

NetOne had agreed last year to pay Bosso an amount of $700 000 for the whole year, now that it has decided to divert its attention to its social responsibilities, the Bosso executive will have a great burden to bear.

Meanwhile, Highlanders also got $234 316 from the Nyaradzo Funeral Assistance atop the assistance it had from the NetOne.

Highlanders chairman Kenneth Mhlophe told Sunday News that they are searching for other potential sponsors.

“…we are also looking at what we can do in order to ensure the survival of the club during these trying times,” said Mhlophe.

 

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