Register Login Scores

Siya Special

Watch This Space: COVID-19: PSL club bosses fear economic collapse!

PSL club bosses are not running the numbers and counting the losses just yet, but it’s clear that their livelihood is at stake because of COVID-19, and please spare a thought for the Glad-Africa Championship, where teams in Mzansi’s second tier only receive R500 000 monthly grants.

They have no additional sponsors and depend on owners who rely on their private businesses to fund the day-to-day operations. The PSL is very much a self-funded league that has sold its content to a broadcaster to afford it the opportunity to be professional – and this deadly virus has now put that at risk! 

The pandemic has hit the country, there’s no denying that, and the economy has long been on its knees, which has been compounded by Moody’s downgrade. 

It will have an effect on sponsorships.  

With mass retrenchments looming in the aftermath of the COVID-19, it will become near impossible for title sponsor Absa, MTN, Telkom and Nedbank to justify their contribution to football and they will have to re-asses their spend. 

It makes sense that PSL club bosses fear a collapse of an industry they’ve seen grow to be among the top leagues in the world. 

In this 10 article Siya special:

1)  COVID-19: PSL Club Bosses Fear Economic Collapse! 

2) First Glance, Clubs Are Safe…For Now

3) The Big Question: Impact On Sponsorship Deals

4) Does The PSL Have A Contingency Plan?

5) Which Clubs Could Be The Hardest Hit?

6)  The Wheel Needs To Keep Spinning – Kadodia

7) The Industry Will Collapse – Comitis

8) There Is A Deficit In TV Coverage – Matthews

9) Economic Landscape: Who The Biggest Losers Could Be

10) Watch This Space: COVID-19: PSL club bosses fear economic collapse! 


Top 5

Chiefs Clear-Out Continues With 7 More…

249 Jul 27, 2021 06:38 PM in Kaizer Chiefs

11 Footballers Who Retired This Year

2 Jul 27, 2021 07:25 PM in World News

Downs Part Ways With Key Figure

46 Jul 27, 2021 03:20 PM in Mamelodi Sundowns

10 Players In Running For 2021 Ballon D'Or

44 Jul 21, 2021 09:25 AM in Messi/Ronaldo/Neymar/Mbappe Watch

Pirates Begin Trimming Squad, Second Exit Imminent

30 Jul 27, 2021 03:00 PM in Orlando Pirates

Exclusive: Zungu Update, Agent Comments On Chiefs Link

83 Jul 28, 2021 03:09 PM in Players Abroad

Downs Part Ways With Key Figure

46 Jul 27, 2021 03:20 PM in Mamelodi Sundowns

CBL: Two Surprise Inclusions For Chiefs

123 Jul 29, 2021 01:01 PM in Soweto Derby

Amakhosi New Boy Enters Naturena Drip Fold

26 Jul 30, 2021 01:00 PM in Drip, Style & Swag

Pitso Targeting Chiefs Starlet?

81 Jul 29, 2021 11:02 AM in Kaizer Chiefs

Chiefs Announce More Contract Business

107 Jul 27, 2021 04:16 PM in Kaizer Chiefs

The Highest-Paid African Stars In The EPL

19 Feb 02, 2021 07:14 PM in English Premier League

Former Pirates Star To Replace R17m Ahly-Bound Star?

16 Jul 27, 2021 08:00 AM in Siyagobhoza

12 Players Who Went Bankrupt

23 Dec 07, 2020 12:34 PM in World News

Pirates Player Exit Imminent...

6 Jul 26, 2021 07:58 PM in Orlando Pirates