Zimbabwe: Benji's Testimonial Match Records U.S.$140 200 Loss

Photo: Confederation of African Football
Former Zimbabwe national team striker, Benjani Mwaruwari.

THE Benjani Mwaruwari testimonial match which was held last week recorded a deficit of US$140 287,93, after he splashed close to US$500 000 to host the two-day event, Standardsport can reveal.

As previously stated by Mwaruwari, the fundraising dinner was not meant to raise money to start the ball rolling at the construction site of his foundation in Bulawayo, but was aimed at adding flavour to the lifetime event.

Speaking to Standardsport, Henrietta Rushwaya, whose company was doing consultancy for Mwaruwari, said the event posted a deficit of US$140 287, 93.

"We had funds that came from ticket presale and tickets that were then sold at the stadium, auctioning of football regalia and the sales of 30 tables during the dinner, but all this could not meet the expenditure that we incurred," Rushwaya said.

The direct match expenses for the testimonial match included the ground rental, SRC commission at 6%, police and police escort, accommodation and meals for invited stars, shuttle transport and airfares which gobbled the bigger part of the budget at US$ 144 499. Other expenses were related to immigration, entertainment, match officials and appearance fees for the Warriors, the legends and Benjani's friends.

Cash income which was raised for the two days came from the sale of tickets with the presale tickets totalling US$59 815 while those that were later sold at the stadium raised US$79 590.

"We received 50 000 rest of ground tickets which had a value of US$5 each. Bay 15 had 2 500 tickets valued at US$10 each, Bay 18 had

2 500 tickets valued at US$20 each while Bay 17 had 2 500 tickets, again valued at US$20 each.

"All the ticket sales amounted to US$139 405 while the value of unsold tickets stood at US$235 595," Rushwaya added.

The other income came from the sale of tables at the testimonial dinner where 30 tables were sold at a price of US$1 500 bringing the total to US$45 000.

Auctioning of football regalia also contributed to the income after man of the moment Didier Drogba's shirt went for a whooping US$8 400 while CBZ donated another US$100 000.

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Zimbabwe: Mwaruwari's Testimonial Match Records Loss

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The Benjani Mwaruwari testimonial match recorded a deficit of U.S.$140 287,93, after he splashed close to U.S.$500 000 to host the two-day event. Read more »