Placon Uganda Limited has on Friday continued with its financial support towards sports in the country by coming on board as the official paint partner of the famous Stanbic Uganda Cup.
The two-year deal worth UG 132 Million Shillings was confirmed during the press briefing held at the company’s head offices on 2nd Street, Industrial Area in Kampala.
While unveiling the package, Santosh Gumte, the Plascon Uganda Managing Director indicated that this partnership confirms their commitment towards promoting sports in Uganda.
‘This is yet another opportunity to show our commitment towards supporting sports in Uganda. We recently signed a deal with Vipers SC and also have a team in the Rugby League’ said Santosh
‘We are proud to come on board as the official paint partner of a tournament that has been in existence since the 70s’ added Santosh.
FUFA 3rd Vice President Hon. Florence Nakiwala Kiyingi lauded Plascon for coming on board and believes this is a great addition to football.
‘This is good news for Ugandan football and as FUFA, we warmly welcome Plascon on board. The stanbic Uganda Cup is a prestigious tournament that will even get better with this partnership’ stated Hon. Nakiwala
Nakiwala confirmed that with Plascon coming on board, there will be an increase in this year’s prize money from UGX132M to UGX 166M
The winners of the Stanbic Uganda Cup will now earn a cash prize of 50M, an increase from the UGX 30M that has been in place.
Below is the breakdown (in UGX)
Winner – 50M
Runners Up – 20M
Semifinalists – 12M each
Quarterfinalistals –6M each
Round of 16 – 3M each
Round of 32 – 1.5M each
FUFA Deputy CEO- Services, Humphrey Mandu who also graced the occasion believes such partnerships are indicators of progress for domestic competitions.
‘We are happy to welcome Plascon on board as the official paint partner of the Stanbic Uganda Cup. This is an indicator of progress in our domestic competitions, being able to attract the corporate world’ noted Mandu
FUFA Competitions Director, Hajjat Aisha Nalule confirmed that there will be changes in the playing format this year due to the challenges brought about by COVID-19.
‘We have made changes in the playing format and also reduced on the number of teams taking part in this year’s edition because of COVID-19. The tournament will start at the round of 32 with only teams from the Uganda Premier League and FUFA Big League taking part,’ confirmed Nalule before adding that;
‘Matches will be played on a home and away basis with exception of the final’
The 2021 Uganda Cup edition is expected to kick off on Monday, April 5 with the final slated July 24, 2021 at a venue yet to be confirmed.
The winner of the Stanbic Uganda Cup represents Uganda in the CAF Confederation Cup.
