HomeSportZifa makes $58 000 loss

Zifa makes $58 000 loss


Zifa made a loss of $58 631 from their 2013 Africa Cup of Nations second leg qualifier against Burundi after they forked out $24 000 for the hire of the National Sports Stadium.

The national association also paid $40 000 to cover the debts at Pandhari Lodge where the Warriors stayed for the last three games after 12 109 tickets were sold for the match, realising $62 920 for gate takings, according to an income statement obtained last night.

Total expenses amounted to $121 551, 60. The tickets were printed at a cost of $5 365.

The Ministry of Public Works, the custodians of the “potato field” charged Zifa $22 000 for the match after they had also paid up $2 000 deposit, leaving the national association with a huge deficit.

There has been outcry, starting from Castle Lager Premier Soccer League clubs, over the levies paid to various stakeholders, who have literally impoverished clubs and the national association. Minister of Education, Sports, Arts and Culture David Coltart has proposed a motion to cut down on the levies charged, but nothing has come out of the parliamentary deliberations.

From the Sunday match, Zifa paid the Sports and Recreation Commission (SRC) $3 775, 20, the Confederation of African Football $3 146 and Fifa $1 258, 40. A total of $9 580 was paid for accommodation for Burundi while the referees from Gabon gobbled $6 700.

Police charged Zifa $5 500 while sundry expenses amounted to $3 889.

Said Zifa chief executive officer Jonathan Mashingaidze last night: “It’s not viable; it’s not sustainable at all.

If we are crying over a 6% levy, what more when somebody takes four times more than that? We will engage the service providers because we need those levies to be reduced, we need a partnership between football and the corporate world and we need the government lobbying to reduce the levies.”

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