Sports Bulletin Report
LAHORE:-The Pakistan Football Federation (PFF) and MCB Islamic Bank signed a Memorandum of Understanding (MoU) on Wednesday here at the FIFA House aiming to simplify and speed up the process of opening bank accounts for clubs, a basic requirement for the club to become a voting right holder.
Zargham Khan Durrani, President MCB Islamic Bank, Mohammad Hamid Yasin, Group Head CF, Usman Ali Alvi, Business Head, Ashar Iqbal, Head RBG North, Agha Mohammad Ali, National Sales Manager CF, Amer Baig, Head CFI, Azhar Iqbal, Head Institutional Sales, PFF NC Chairman Haroon Malik, NC members Mohammad Shahid Niaz Khokhar and Haris Azmat attended the signing ceremony.
President, MCB Islamic Bank, Zargham Khan Durrani said:
"We are pleased to announce our partnership with the PFF. This MoU reflects our dedication to supporting and assisting local communities with the aim of making the registration process easier, faster, and more accessible for all the stakeholders, particularly football clubs, under the umbrella of Pakistan Football Connect."
Chairman, PFF NC Haroon Malik said:
"The opening of the account for any club is one of the key requirements of the PFF Statutes, which needs to be fulfilled in order to get the club registered and become a voting right holder. To make this process more convenient for the clubs, we have made the decision to collaborate with MCB Islamic Bank, while signing a MoU in this regard to facilitate the football clubs and effectively overcome the obstacles faced during the account opening process for clubs. With this assistance and support of MCB Islamic Bank, we are committed to ensuring that all clubs can now successfully open their accounts with comprehensive guidance and support.”
NC member Shahid Khokhar said:
“NC is focused to support the clubs by all means to bring them to a stage from where they can kick start their journey of professional football development and to focus on the club's sustainable business models.”
