The Premier Soccer League (PSL) is set to continue with Golden Arrows boss Mato Madlala as acting CEO for the foreseeable future after her position was not discussed at the league’s AGM in Sandton, Johannesburg, on Friday.
“We run a very tight ship and we’ve got revenues and we got expenses and they’ve all been within what the budgets have projected. So we’re good,” added Comitis.
Madlala who has been acting CEO since 2015 reiterated what Comitis said, adding that her position in the league was never raised at the AGM, but “everyone was happy with everything else at the meeting today ”. The PSL’s annual report shows that revenue, which the league derives mainly from their R630m broadcast rights from SuperSport International, on July 31, 2022 amounted to R989m, which is slightly down from the just over R1bn they had in their coffers in 2021.
Though Madlala didn’t want to go into the detail about the finances, it is assumed the Covid-19 pandemic which hit SA at the beginning of 2021 could have been one of the factors that led to the league not increasing its revenue in 2022.
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