2010 World Cup

Khoza 'planned to loot R500m'

2010-04-29 09:50
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Cape Town - Ousted SAFA executives, including Orlando Pirates boss Irvin Khoza and Molefi Oliphant, were set to pocket more millions from the proceeds of the Soccer World Cup.

The committee, led by Oliphant as president and Khoza as his deputy, voted at a meeting to reward members of the Local Organising Committee board 10% while SAFA executives stood to pocket 5% of the spoils, estimated at between R500 million and R1 billion, from the June 11 to July 11 showpiece.

This was uncovered by Sowetan after an investigation and confirmed by a number of highly-placed sources in the soccer fraternity.

This means that the LOC board members, among them Transport Minister Sbu Ndebele, soccer boss Kaizer Motaung, Cosatu’s Zwelinzima Vavi, Molefi Oliphant, Human Settlements Minister Tokyo Sexwale, Home Affairs Minister Nkosazana Dlamini-Zuma, Justice and Constitutional Development Minister Jeff Radebe, Police Minister Nathi Mthethwa and the then SAFA executives stood to share around R50 million.

In 2009 Khoza, who is the chairperson of the Premier Soccer League, raked in at least R30 million in bonuses from football.

Khoza, PSL finance committee head Kaizer Motaung, executive member Mato Madlala, former chief executive Trevor Phillips and consultant Peter Mancer are to receive R50 million for their role in securing the R500 million Absa sponsorship deal and the R1.6 billion SuperSport deal, and individuals are to get more money than regions.


 

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