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No monthly grants for PSL teams

All the 16 PSL teams receive R2.5 million every month

GAUTENG.- Premier Soccer League (PSL) Chairman, Dr Irvin Khoza has confirmed that PSL teams will not receive their monthly grants beyond June 30 if football doesn’t return in the country.

This is in light of Absa’s decision not to renew their contract with the league coupled with the Coronavirus pandemic which has forced the suspension of the 2019/20 season.

As things stand, there’s no clear indication as to what is going to happen to the current campaign as both the South African Football Association (SAFA) and the PSL await the go-ahead from the government on when the season can resume. Khoza says it will be everyone for themselves if no resolution is found by June 30 because it wouldn’t make sense to continue paying the monthly grants if teams aren’t providing a service to the league.

All the 16 PSL teams receive R2.5 million every month, and the suspension of the season has hit the majority of them hard in the pocket.

“The 30th of June is the end of the grants for the PSL teams; everybody must see for themselves,” Khoza told eNCA.

 

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