View this post on Instagram

A post shared by Soccer Laduma (@soccer_laduma)

Login

Maritzburg United CEO Farook Kadodia Talks Financial Hit For Club & Absa Premiership

Maritzburg United CEO Farook Kadodia Talks Financial Hit For Club & Absa Premiership

"This whole setback will cost a lot of clubs a lot of money. The problem is that the League has obligations that they have to honour to sponsors and then, for us, it's about our plans going forward – contracts and whatever else.

There is a feeling of uncertainty… when will we restart and, if we do, will we have a break or not? Many of our staff and play­ers are uncertain about their futures. They don't know whether they will have a job or not and we cannot commit to contracts until we know exactly what the way for­ward is, and that's important.

I told our employees that, as soon as I know, then we can sit with a clear mind. We will have to rely on the BOG for a blue­print on how we go forward with our con­cerns on contracts and extensions when the season ends.

As a club owner, there is no doubt there will be an impact, but it is beyond our con­trol. We can't make noise and point fingers. A club like ours doesn't have a corporate sponsor at all and when we are playing, the wheel is spinning and that's very important to understand. Now we are having to put money into our shortfalls with salaries – obviously it is quite tough.

We must be governed by the League re­garding the financial implications, but I trust that every sponsor will honour its obligation once the virus is over."

Comments

Top 5

Sundowns To Release Former Chiefs Target?

Apr 30, 2025 02:43 PM in Mamelodi-Sundowns

Pyramids’ 'Special' Request Approved Ahead Of Final

Apr 29, 2025 11:05 AM in African Football

Ekstein Celebrates Growing Family

Apr 30, 2025 11:18 AM in Fan Park

Chiefs To Fine Players For Losing?

Apr 30, 2025 12:39 PM in Kaizer-Chiefs

Pyramids Make Decision On Coach After Bucs Win

Apr 28, 2025 11:25 AM in African Football

Contract Update: How Pirates Will Adjust GK Selections

May 02, 2025 12:53 PM in Orlando-Pirates

Matlou: Chiefs Competing For Top 8 Instead Of The League

May 02, 2025 12:31 PM in Kaizer-Chiefs

Exiled Wydad Star 'Returns' After Mokwena Exit

May 01, 2025 03:28 PM in African Football

Lorch's Unique Dining Experience

May 02, 2025 01:48 PM in Fan Park