Online Reporter
Lovemore Dube [email protected]
HIGHLANDERS have received a US$250 000 cash injection from businessman Wicknell Chivayo, with the club saying the latest contribution will help clear outstanding obligations to its playing staff and bring much-needed financial stability.
The donation comes as Bosso celebrates its centenary season and follows a series of financial interventions by Chivayo, who the club says has contributed more than US$2 million over the past two years.
In a statement on Wednesday evening, Highlanders expressed gratitude to Chivayo, describing him as an “all-weather friend” whose support had made a difference at critical moments.
“As Highlanders FC celebrates its historic centenary, we are particularly grateful for the extraordinary confidence and goodwill Mr Chivayo has continued to show towards the Club. His support over the past two years, now exceeding US$2 million, has made a meaningful difference to Highlanders FC at important moments – including support towards staff obligations, Club infrastructure and the generous donation of a team bus,” said the club.
Highlanders said the latest contribution would allow the club to move swiftly towards clearing outstanding obligations to its players.
“The latest contribution will enable the Club to move swiftly towards clearing outstanding obligations to our playing staff and providing much-needed stability as we focus on a strong finish to the season,” said Bosso.
The club also sought to assure supporters that funds received from Chivayo and other partners would be properly accounted for.
“We recognise that such support is given voluntarily, and we therefore value not only the assistance itself, but the belief in Highlanders FC and its future that it represents,” said the club.
“Highlanders FC is fully committed to responsible stewardship and transparent accounting of funds received from Mr Chivayo and all our valued partners and sponsors.”
Chivayo has previously supported Highlanders with major financial interventions, including a team bus and cash injections. Earlier this year, he also pledged a US$80 000 vehicle for then newly appointed coach Benjani Mwaruwari, alongside other support to the club.
As Bosso enters the next chapter of its 100-year history, the club said it was now focused on building a more commercially sustainable institution.
“This includes strengthening our commercial and marketing structures, growing our revenue streams and unlocking the full value of the Bosso brand and its remarkable supporter base,” said Highlanders.
The latest cash injection comes at a time when the club is seeking greater financial stability on and off the field as it pushes to finish the season strongly.
