Absa Premiership

Matthews: PSL is not immune to job cuts

2020-04-10 13:18
AGGRIEVED: SuperSport United chief executive Stanley Matthews has slammed CAF. (Muzi Ntombela, BackpagePix)

SuperSport United CEO Stanley Matthews admits that the effects of the coronavirus could see job losses in the Premier Soccer League.

There is uncertainty as to when the PSL will be able to resume with President Cyril Ramaphosa announcing a two-week extension to the already enforced 21-day lockdown.

Salary cuts are something each club will need to consider, with teams in Europe already asking players and staff to help where they can.

Premiership clubs rely heavily on their R1 million monthly grants from the League, who are also without a way to create income as long as soccer is suspended.

Matthews told KickOff: "If there is no money, there is no money.

"Everywhere in the world, if there are only expenses and not enough income, how can we survive without cuts or job losses?

"South Africa is not immune to what is happening around the world and here too, in other industries also... and that means salary cuts, job losses or bankrupt clubs.

"Let's see where all this goes. It doesn't help to speculate all the time about stuff that hasn't happened yet. Let's deal with issues when they are upon us."

- TEAMtalk media

Read more on:    supersport united  |  psl  |  stanley matthews  |  soccer

 

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