Following the confirmation that the Premier Soccer League (PSL) is set to part ways with a major sponsor in the form of Absa, South African legend John Tlale expects more sponsors to leave the league’s governing body.
Amid the coronavirus pandemic and financial challenges, the former Mamelodi Sundowns and Orlando Pirates goalkeeper is, however, confident chairman Dr. Ivin Khoza will come up up with a brilliant strategy to entice potential financial backers for the league.
In a joint statement with the PSL this week, the financial institution announced it will not be part of the league after the 2019/20 season, but the 1996 African champion doesn’t believe the prize money that was raised from R10 million to R15 million was a blow for the bank.