Madan Bhandari sports academy is organizing Madan Bhandari memorial international tournament from January 23, 2019.

Organizing a press meet in Kathmandu on Friday, the organizers informed that the winners would get 25,000 USD. Runners up team will get USD 10,000.

Individual best player will get USD 1000.

Nepal will field Nepal Red & Blue team, academy president Binod Shrestha said.

The organizers have contacted South Korea, Bangladesh, India, Thailand and China for their participation.

"We will host the event at Dashararh stadium. We expect that renovation work will be completed by the tournament date", added Shrestha.

ANFA's honorary president Tashi Ghale is also involved in the project.