issue #1168 - Siya Special: PSL Clubs’ R2 million Grant Safe For Now, But…

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.