Panchthar club is organizing 2nd Panchthar gold cup from Chaitra 25 in Phidim.

Championship has a winning purse of Rs 3,05,555, club president Anurag Magar told GoalNepal.com. Runners up team will get Rs 1,55,555.

"We have already started preparation for the championship", he added.

Teams participating in the championship are Jawalakhel youth club, Bijaya youth club Hetauda, Mission United Taplejung, Red Horse Ilam, Sunsari XI, Birta United Jhapa, DFC Morang, Pancthar Club.

Estimated budget of the event is Rs 2.7m.

President Magar has requested everyone to provide their support in making the event successful.