Luanda – The soccer team club 1º de Agosto signed two partnership agreements with a car parts company and a table water company, according to the club's official website.
This is Kyoto Japan and the importer Caramulo products (Portugal), which since Wednesday became partners of the club, founded in 1977.
The association, led by Carlos Hendrick, has been going through a financial crisis since last March, when the Ministry of Finance reduced the amount it benefited from 800 million kwanzas per month to 200 million.
Since then, situations of non-payment and contractual compliance have arisen at the level of athletes, coaches and administrative staff.
The recent extinction of volleyball and the debt with athletes and the technical team, mainly in football, are examples of the financial issues, as has already been assumed by the management of the group.
The 1º de Agosto Sports club manage beside football, basketball, handball, swimming, roller hockey, sailing, shooting, athletics, taekwondo, tennis, sport fishing and chess.
