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The announcer is the favorite to replace Absa as league partners starting next season
PSL President Dr. Irvin Khoza will announce the new league sponsor on Thursday night.
The league confirmed the details of the press conference in a statement, but did not reveal the purpose of the briefing.
However, objective You know in good faith that Khoza will announce the new sponsor to replace Absa, who chose not to renew his association with the league following the expiration of the contract at the end of the 2019-20 season.
PSL President press conference on Thursday
The president of the Premier Soccer League, Dr. Irvin Khoza, will give a press conference tomorrow, Thursday, September 24, 2020.
The press conference will be LIVE on the SuperSport channel PSL (202) and SuperSport Blitz at 6:00 p.m. pic.twitter.com/RiyxOPWb7X
– Official PSL (@OfficialPSL) September 23, 2020
Absa had been the main sponsor of the PSL since 2007, pumping millions of rand in a bid to make the South African league one of the largest in the world.
And his decision to withdraw from the association with PSL came as a shock, especially after increasing the winner’s prize money from R10 million to R15 million for the 2019-20 season.
The final prize money went to Mamelodi Sundowns, who beat Kaizer Chiefs for the league title on the final day of the campaign.
According to objective Sources, DStv is leading the race for the lucrative deal and could be the ones to take over the sponsorship deal on Thursday.
DStv is owned by MultiChoice, a television company that has already partnered with PSL to sponsor the reserve league, known as the MultiChoice Diski Challenge.
In addition to the association, the company also has an existing agreement with the PSL, as it owns the rights to broadcast local matches.
DStv is not the only company that has been linked to Absa’s takeover.
Companies such as Betway, Bidvest and Telkom were also reported to have been interested in sponsoring the league in recent months.
Meanwhile, PSL is expected to announce plans for the start of the new season at the same press conference, including whether or not the new campaign will be played on a bio-bubble, as well as the list of matches.
As it stands, the 2020-21 campaign is scheduled to begin the weekend of October 8-9, 2020.
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