Football development has financial gains - FA CEO
– The National Football Association of Swaziland has encouraged local clubs to focus on development in order to gain financially when it comes to the transfers of these players.
This was said by the association’s Chief Executive Officer Frederick Mngometulu during the launch of the third edition of Esibayeni Lodge E200 000 U-17 League
“We encourage teams to focus more on development as it has some good rewards especially
when these players get contracts with professional teams be it locally or internationally.
The team that has groomed the player gets five per cent of the transfer fee as with the case with Midas City in the transfer of their player Mthunzi Mkhontfo when he joined AS Vita. We are confident of seeing more of such transfers locally through the support of companies such as Esibayeni Lodge to which we are very grateful
Meanwhile PLS Development Communications Officer Dumisani ‘DU’ Sibandze encouraged teams to meet the registration deadline set for next week Friday.
“Teams are reminded of the registration deadline and that there will be no extension and grace period after the deadline,” he said.
The third edition of the League is expected to kickoff next weekend where two time champions Young Buffaloes will be looking to win their third consecutive crown.
PRESENT: Moneni Pirates Manager Mbongeni Simelane and Coach Sifiso Khumalo were also present.