PHIDIM: The ninth edition of Falgunanda Gold Cup will be held in Phidim, district headquarters of Panchthar district, from December 24.

10 teams including 'A' division clubs and teams from India will compete in one of the famous football tournaments in Eastern Nepal.

Organising a press meet today, the organiser Phidim Sporting Club said the winner will take away Rs 300,000 and the runner-up will bag Rs 200,000.

Rs 10,000 each will be awarded to best players in goal, midfield, defense and best player of the tournament will be awarded with a Yamaha bike, the organisers said.

The tournament is estimated to cost around 4 millions rupees with Ruslan Beer as its main sponsor.