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Johannesburg - SAFA has condemned media reports suggesting that former boss Molefi Oliphant , vice-president Irvin Khoza and the LOC planned to pocket millions from the Soccer World Cup.
According to the Sowetan, the football association had voted at a meeting to reward members of the LOC board 10% of the spoils generated during the global showpiece while SAFA would gain 5%.
The revenue expected from the tournament is estimated to be in the region of R500m to R1bn.
However, SAFA denied this in a statement.
"SAFA would like to express its deep concern about the reports regarding the issue of bonuses and honoraria referred to the Sowetan and other media published of 29 April 2010," it read.
"In brief, any decision made on payments of this nature must first be ratified and confirmed by the General Council of the Association.
"At this stage, the General Council has yet to take any decision on funds to be paid out, and we wish to place on record that no such confirmation has taken place. At this point, any discourse on bonuses or honoraria are speculative, and we encourage members of the media to take a responsible approach on this matter and engage us directly on any questions they may have."
According to the Sowetan, the football association had voted at a meeting to reward members of the LOC board 10% of the spoils generated during the global showpiece while SAFA would gain 5%.
The revenue expected from the tournament is estimated to be in the region of R500m to R1bn.
However, SAFA denied this in a statement.
"SAFA would like to express its deep concern about the reports regarding the issue of bonuses and honoraria referred to the Sowetan and other media published of 29 April 2010," it read.
"In brief, any decision made on payments of this nature must first be ratified and confirmed by the General Council of the Association.
"At this stage, the General Council has yet to take any decision on funds to be paid out, and we wish to place on record that no such confirmation has taken place. At this point, any discourse on bonuses or honoraria are speculative, and we encourage members of the media to take a responsible approach on this matter and engage us directly on any questions they may have."
