Safa wants to impose a mandatory 15% pay cut across all its divisions to reduce its annual salary budget “by at least R20 million to avoid bankruptcy”. Bafana Bafana coach Molefi Ntseki is one of the Safa employees who are set to be affected.
Bafana Bafana coach Molefi Ntseki is one of the Safa employees who are set to be affected by proposed salary cuts.
The response by Chimhavi echoed the contents of a letter dated May 3, which was sent to all Safa staff members informing them of a suggested pay cut and/or possible job cuts. “In the 2018 financial year, we reported a loss of R18 million and we reported another loss of R74 million last year. So, cumulatively, we reported a total loss of R92 million over the past two years. Simply put, we spent R92 million more than the money that we had. This resulted in an accumulation of unsettled debts, which we are still paying through settlement agreements.
“The association derives most of its income from events and we have had no events since March, and this is likely to persist until next year. Asked specifically about Ntseki, Chimhavi said: “As I said, all national teams are unlikely to play football owing to the ongoing Covid-19 pandemic.”
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