The Football Association of Malawi (FAM) extraordinary general meeting (EGM) held virtually yesterday approved a K15.3 billion budget for the 2026 financial year. The budget represents a 40 percent increase from the projected K11 billion revenue for 2025 and is anchored on strengthening youth development and grassroots football, football competition and league development, capacity building and governance, infrastructure development and international competitiveness across all levels of the game. FAM president Fleetwood Haiya, who chaired the EGM, said the budget was prepared in a difficult economic environment characterised by high inflation, fiscal constraints and foreign exchange challenges.
He said: “We have developed a realistic, disciplined and growth-oriented budget, guided by the FAM Strategic Plan, Fifa Forward 3.0 framework and our shared vision of transforming football into a competitive, professionally run and financially sustainable industry.” The budget shows total projected expenditure for 2026 at K14.8 billion, leaving the association with an anticipated surplus of K507 million by the end of the financial year. The surplus will be channelled towards capital projects and long-term football development initiatives, according to the document. The document shows that the revenue projections are largely driven by Fifa funding, Malawi Government support, corporate partnerships and sponsorships, investment income, broadcasting rights and gate collections.
“Fifa project funding remains a major pillar, with several infrastructure projects lined up, including the construction and rehabilitation of facilities such as Mpira and Chilomoni stadiums in Blantyre, Luwinga Technical Centre in Mzuzu as well as the development of a beach soccer stadium,” reads the statement. On expenditure, the budget prioritises football activities, with K8.9 billion allocated to operational football programmes. The association plans to participate in 16 international engagements in 2026, involving senior, youth and beach soccer categories.
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Senior national teams have been allocated K3.8 billion to support participation in competitions while junior national teams will benefit from a significantly increased allocation of K1.6 billion. K527 million set aside for training courses, workshops and seminars.
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