HARARE giants Dynamos are anxious about the future of their relationship with BancABC who have indicated they might not come back to bankroll the club when the current sponsorship deal expires at the end of the year.

DeMbare and fellow giants Highlanders have enjoyed the privilege of the sponsorship since 2011. But the financial group has not been performing well in the last two years and it looks the country’s oldest clubs could also be affected by a raft of cost cutting measures being instituted in Africa by the financial group’s parent company, Atlas Mara.

DeMbare board secretary Mthokozisi Nkosi said the former champions are currently involved in negotiations with the bank and will probably have a clearer picture of what the future holds in the coming month.

Nkosi also indicated the Glamour Boys are looking at more alternatives as they brace for the lean years ahead.

“I would say at this stage my comments will not be adequate. Maybe if you can give us possibly two to three weeks then we can actually comprehensively address that.

“But what we are really looking at is to say yes there are a number of stakeholders that are also keen to come on board.

“We appreciate very much what our sponsors have done and what they continue to do but like I’m saying the best response will be after two and three weeks.

“We all know the economic environment at present is actually forcing a number of organizations to rethink, to revisit their obligations and sponsorship in terms of sport is an area that is not an exception. So these guys are doing the same.

“However we also want to say from a business perspective you need awareness. Soccer in particular is one avenue that an organization can use and continue to get the exposure that they want.

“So there might have been concerns here and there but again there is a positive correlation when we look at the awareness and publicity in sponsorship.

“I’m not going to say how BancABC are going to move forward. Of course there are negotiations which I’m saying could be concluded in two to three weeks,” said Nkosi.