Home SPORTS Two big companies battling to sponsor the South African Premier Soccer League

Two big companies battling to sponsor the South African Premier Soccer League

absa1

Two big companies battling to sponsor the South African Premier Soccer League

At least two big South African cooperates are reportedly trying to take Absa Group’s place as the local league’s main sponsor. Absa confirmed that their 13-year relationship with the PSL will not continue beyond this season.

According to Sowetan Live, Bidvest Group, and betting company Betway are now vying to sponsor the PSL.“It looks like Bidvest will be the new sponsor for the league from next year, but don’t rule out Betway just yet,” a source close to the situation confirmed.

The source adds that Bidvest has offered a better package than the current one by ABSA, and that is the reason the company has put its club Bidvest Wits up for sale.

“The deal is worth millions and Bidvest have offered more than what the other company has.“Bidvest wants to sponsor the league, hence they are selling the club Wits. The team will be relocating to Venda once everything has been agreed.”

-SowetanLive

TRENDING ON ZAnewsOnline. . . .

Amanda Du Pont reveals how Jub Jub once r_ped her and she forgave him

Amanda du-Pont (born 26 June 1988) is a Swazi-born South African actress, model and television host has revealed how Jub Jub once r_ped her and…full details

Trending On ZIMetro News. . .

  Conman ‘Teemak’ now in therapy; bishop father to pay off his Ponzi scheme victims HARARE – A 23-year-old man who duped dozens of Zimbabweans dotted around the globe through a Ponzi scheme is currently undergoing therapy, his sister has said. Conman 'Teemak' now in therapy; bishop father to pay off his Ponzi scheme victims Namatai Marygrace Chipunza took to Facebook in the aftermath of news reports exposing the self-proclaimed millionaire Taona Oswald Chipunza – known among socialites as Teemak...read more