PSL And City Set For Arbitration
PSL And Cape Town City Set For Arbitration
The Premier Soccer League and Cape Town City will head to arbitration according to Siya sources, due to a dispute with the Cape Town-based club’s sponsorship deal.
City unveiled SportPesa as their title sponsor on August 11 and sported their jersey with the new sponsor for the first time during the team’s MTN8 quarter-final encounter against Polokwane City on August 12.
It was subsequently reported that the PSL had objected to the sponsorship deal, with indications that City had contravened the league’s resolution by signing the agreement with SportPesa, a sports betting platform.
According to a source, sponsorship deals involving betting platforms would be ‘reserved’ for the league, and clubs would not be permitted to sign such sponsorship deals.
It has since been revealed that the PSL and City sat yesterday, September 14, where both parties presented their cases. According to a source, following yesterday’s meeting, the case is now heading for arbitration.
The sponsorship deal is believed to be a multimillion-rand sponsorship and while the Citizens continue to do the business on the field, the off field politics is set to go the legal route.