issue #1168 - Siya Special: PSL Clubs’ R2 million Grant Safe For Now, But…
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Premier Soccer League club owners are guarded about pressing the panic button just yet, but they are fearful of the aftermath of the Coronavirus on their bread and butter. Experts say that the real effects of the pandemic on the Beautiful Game will be felt months down the line – if the domestic league does not resume by early June – but what can be said with certainty is that the economy will be fragile! In addition, Moody’s downgrade has added unnecessary pressure on Mzansi’s already vulnerable financial state. What does this mean for sponsorships in football? Will it cause clubs to go bust and cause a multi-million rand industry to collapse? In this week’s edition of Soccer Laduma the Siya crew asked some probing questions to PSL CEO Mata Madlala.
