Yanga Club has been valued at 100 billion Tanzanian shillings, following the completion of an assessment conducted by a special committee formed for that purpose.
Speaking yesterday at the General Assembly of Members held at the SuperDome hall in Masaki, Dar es Salaam, the Chairman of the Committee, Alex Mgongolwa, said the valuation was carried out by the international investment and real estate advisory firm, Colliers International.
Mgongolwa stated that this step marks the beginning of a broader process for the club to transition into a modern management system by issuing shares, adding that the valuation will serve as a guide for all upcoming investment procedures.
Additionally, during the Members’ Assembly, the financial report for the past 2024/25 season was presented, along with the budget for the upcoming 2025/26 season.
Presenting the income and expenditure report, Yanga Vice President Arafat Haji said the club’s revenue for the past season was TZS 25.6 billion, while expenditures stood at TZS 25.3 billion, leaving a surplus of approximately 300,000 shillings.
Furthermore, Yanga’s budget for the 2025/26 season is set at TZS 33.6 billion.
