The South African Football Association has slammed reports in the football fraternity which are claiming that the entity has gone 'broke.
Following Molefi Ntseki's permanent appointment at the helm of Bafana Bafana last month, questions were raised in the football fraternity about whether or not SAFA chose to go the 'cheaper' route in appointing a local coach, instead of bringing someone from abroad.
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At the time reports suggested that the association could be dealing with financial problems, however, SAFA's Head Of Communications, Dominic Chimhavi has since set the record straight; admitting that the entity is going through financial hardships although not enough to be deemed 'broke'.
"SAFA is not broke. That statement shows the hypocrisy of certain reports. SAFA like any other entity at the present moment is going through financial difficulties but that does not mean we are broke. The Association is very much fulfilling its primary obligation and that is discharging football activities," Chimhavi told the Siya crew.
"All our national teams are doing exceptionally well at the moment. U20 were at the FIFA World Cup in Poland, Banyana Banyana were also at the FIFA World Cup in France and they were in PE where they defended their COSAFA Cup title for the third year in a row and Bafana Bafana reached the last 8 at the AFCON in Egypt.
"The U23 are off to Egypt as well as in the 8-Nations AFCON tournament where three top teams qualify for the Olympics. We are hopeful that our U23s will be part of the three African teams to go to Tokyo Olympics.
"So to say SAFA is broke is the height of pretence on the side of some reports. Everyone is aware of the past issues we have had with the public broadcaster but we are managing that issue as we speak. That adversely affected our cash flow matters but as I said, we are busy mitigating that issue.
"We can't deny the fact that almost every entity is going through economic hardships in the country and globally. There are massive job losses, retrenchments and companies are closing and this includes the media houses but it is important that people report facts and not invented fabrications.
"SAFA is NOT broke and is fulfilling all football obligations as mandated by its statutes," he said.