Practice Economics At All Levels To Curb Financial Hardships: Tycoon Rajiv Fronts Five Channels To Keep FMU Financially Stable

Practice Economics At All Levels To Curb Financial Hardships: Tycoon Rajiv Fronts Five Channels To Keep FMU Financially Stable

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By Spy Uganda

Kampala: Youthful tycoon and unbeatable rallysit Rajiv Ruparelia dubbed chairman Trustee Central Motor Club has fronted five channels that will see Federation of Uganda Motorsports (FMU) thriving financially and also starting up its financial base to sponsor its self.

READ ALSO: Ruparelia’s One Year In Office Speaks Loud! See Full President’s Report To FMU At Kabira Country Club

Rajiv via his Rally Team says that selling TV rights based on the fanbase to the sport and later to sale advertisement space when the rally is being shown on air is one of the channels that can see the federation being elevated financially.

He says, “We have twelve calendar events a year, for example, today each time the rally fraternity has an event in one of the places in Uganda through different districts or region we intend to take about 1.5billion worth of economic spending when we Go up there and that was Tabled by FMU officials which means if we go to Masaka we Book all the Hotels and feed ourselves at large.”

READ ALSO: Strategic FMU President Ruparelia’s Management Settles Old Multi-Million Debt To Zero Balance

He adds that FMU can engage a multinational or large scale business that can take on sponsorship of the whole calendar event by being the main sponsor for the Federation of Motorsport of Uganda, which means they can be given brand recognition to communities.

READ ALSO: Ruparelia Sweeps FMU Elections With Landslide Victory

Rajiv believes, “Being creative by looking for spaces within the circuits of viewing stations and will be given on a road map to people in advance and the public can be able to access these stations by paying a small fee and can be sold to cooperates as well.”

READ ALSO: FMU Changes Venue For Its Annual General Assembly From Lugogo To High-Class Kabira Country Club

He says that FMU has to create its basic foundation to prevent begging for money to be able to create value internally including organising themselves.
Rajiv further hipped praises to the new FMU management in regard to its swift achievements with the shortest period of time.
 “The federation has people who always keep confusing everybody and take us backwards and as you see the new FMU has made a great adjustment,” he said.

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