Business of Sport
PSL clubs get financial boost
Johannesburg - The budget for the 2011/2012 Premier Soccer League season has been approved at a National Soccer League (NSL) Board of Governors meeting in Sandton this weekend. ?
Premier Division clubs will receive R1.5m, while the National First Division clubs will receive R300,000.
The chairman of the NSL, Irvin Khoza gave feedback on the broadcast rights that have recently been signed with pay-channel SuperSport International.
Khoza explained to the members that mobile and internet rights have been added as part to the new deal, and highlighted to the members that the PSL continues to grow as a product and has provided good returns to its sponsors.
The chairman added: “The investment from our broadcast rights is a great development for football more especially in this economic climate.”