SA PSL BOSSES SHARE R65.4M
JOHANNESBURG. The nine-member South Africa Premier Soccer League executive committee received R65.4 million (about US$4 million) in commissions in the financial year that ended on July 31.
If divided equally, this would amount to about R7.2 million for each member.
The amounts are made up of R58.5 million in broadcast commission, R3.6 million in radio commissions and R3.239 million in commissions for
sponsorships.
They are listed under the headline “administration” in the PSL annual report.
Other amounts that appear in the report are for committee remuneration of R1 560 977, honoraria for the executive committee of R4 902 308 and R1 895 611 for meeting expenses.
The executive committee members are chairperson Dr Irvin Khoza, CEO Brand de Villiers (who resigned this week), Mato Madlala (appointed the acting CEO this week), Kaizer Motaung, David Thidiela, Stanley Matthews, Mike Mokoena, Dan Simelane and John Comitis.
Khoza has been the PSL chairman since its inception in 1996.
Their term runs up to November next year. Khoza confirmed to City Press that payments had gone to the executive committee members.
“The amount of R58 million went to all executive members for the broadcast rights,” said Khoza.
“The other two amounts were paid to certain individuals for diversity.”
In 2007, there was a huge outcry led by then finance minister Trevor Manuel when it emerged that Khoza, finance committee head Motaung, member Madlala, former CEO Trevor Phillips and consultant Peter Mancer were each due to receive R50 million for their role in securing a R1.6 billion broadcast deal with SuperSport and a R500 million sponsorship agreement with Absa.
Manuel called payments of commissions to soccer officials “morally reprehensible and corrupt”.
In an open letter to then ABSA chief executive, Steve Booysen, he wrote:
“My understanding is that individuals are elected on to the league’s various committees to serve the interests of the sport, not in the expectation of acquiring personal fortunes to the detriment of the organisation they are representing.” - City Press.