Thu. Nov 21st, 2019

PSL focused on fostering a saving culture among players

PSLKhosa revealed that helping PSL footballers with their finances is going to be a big focus for the organisation this season.

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Premier Soccer League (PSL) chairman Irvin Khoza officially launched the start of the new football season by announcing an initiative to help footballers playing in the PSL save their money.

The 2019/2020 Premiership will kick off on Saturday 3 August and has had its prize pool increased by more than R10 million.

PSL player saving culture

Staying on the topic of finances, Khoza also announced that there will be a new innovation this season focused on offering financial advice to players in the PSL.

“The ABSA Premiership recognised that it does not exist in isolation from the broader society,” he said.

“The players have short careers that average 12 years. After their years of playing football, they go on to live up to fifty years.

“It is therefore imperative that during their playing years they are given space to save some money in order to facilitate the changing of careers once they are finished playing.

“I am happy to announce that ABSA will, from this season going forward, provide the much-needed advice to the players.

“This is an important first step in the creation of a saving culture.”

One of the most competitive leagues in the world

Defending champions Mamelodi Sundowns host Tshwane rivals SuperSport United on the opening day at the Lucas Moripe Stadium, while newcomers Stellenbosch FC tackle Chippa United at Coetzenburg Stadium on the same day.

“The ABSA Premiership is one of the most competitive leagues in the world,” said Khoza. “It is unique in its unpredictability.

“It gets the thousands of supporters into the stadium and there are millions watching on television, live streaming on their radio and also listening through their handsets.

“The ABSA Premiership match results and table are the most visited and followed news items in South Africa.

“On the field of play, the ABSA Premiership challenges the teams’ longevity, consistency and staying power.”

– African News Agency (ANA), Editing by Michael Sherman

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