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EXCITEMENT: A horde of soccer fans attend the MTN8 draw in Roodepoort on the West Rand yesterday.Photo: Gallo Images

 MTN stays with top 8 

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Following the announcement of a three-year contract and an option to renew for a further two years with MTN for the annual Top 8 tournament yesterday, Khoza confirmed the PSL would keep its other sponsors - Absa, Telkom and Nedbank.

Absa, whose parent company Barclays is facing financial difficulties, saw its contract as title sponsors expire yesterday and is yet to renew.

However, Khoza confirmed that the PSL would stay with Absa because "it is very important as we have done very well with them".

He said the Premier League fixtures could also be released today.

The four-year partnership with MTN had also expired by yesterday morning, but Khoza and Serame Taukobong, chief marketing officer of the giant cellular company, said a new contract had already been signed in June.

"There was a clutter in the market and each sponsor wants to have their own announcement when they sign a new contract," Khoza said.

"It was a matter of choosing the right time after the hype regarding the Manchester United tour in South Africa and the Carling Black Label Cup."

Although the sponsorship has been renewed, and the rest, according to Khoza, will follow, the new deals will not be inflated.

"We know what the PSL brand is worth, but we have to also take into consideration what the market can absorb because of economic tightness. Because of that, we are highly discounted," the chairman said.

So the prize money for the MTN8, which kicks off on Friday with champions Orlando Pirates hosting Bloemfontein Celtic at Orlando Stadium, remains R8-million.

The participation fee also stays the same at R800000 for teams knocked out in the quarterfinal stage.

Taukobong said: "There's been some improvements aligned with the growth of the property. Both parties felt like it was fair value and we are happy with what we paid for it."

MTN fixtures for this weekend:

FRIDAY

Orlando Stadium: Pirates vs Bloemfontein Celtic (8pm)

SATURDAY

Peter Mokaba: SuperSport United vs Free State Stars (3pm)

SUNDAY

Dobsonville: Moroka Swallows vs AmaZulu (3pm) and Loftus: Mamelodi Sundowns vs Kaizer Chiefs (3pm).

Comments

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Tue May 21 17:40:45 SAST 2013 ::

Aug 1, 2012

fidelcastro.rov

eyebhakabhaka nale...
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Aug 1, 2012

asaowe

why PSL loosing sponsorship, companies are reluctant to support wat cooking on there, sumthg fishy within PSL i bet,
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Aug 1, 2012

dadaman1

I am just wondering who is going to be baptised on the 22 September by DTC in the final of MTN8.

Boring games on Sunday, i will be watching BEN10 exactly at 15H00.
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Aug 1, 2012

ancnduntsu

"Toothferry" Khoza should BANNED to RODENT fc. He's messing up the PSL.Look what nearly happened to Top8 competition.
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Aug 1, 2012

ancnduntsu

dadaman1
I am just wondering who is going to be baptised on the 22 September by DTC in the final of MTN8.

Boring games on Sunday, i will be watching BEN10 exactly at 15H00.
==========================================================================
Rodents will be baptised . As for sunday ,feel free to watch Ben 10.Fucken Retard!!!!
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Aug 1, 2012

Stumaeza

@dadaman1
no one is forcing you to watch it so keep your FOOLISH comments to yourself

RONA MAKHOSI TLABE RE LE KO LOFTUS


KHOSI 4 LIFE
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Aug 1, 2012

Phuphethakatha

The defence of our own assets continues. Double Treble Champions on the Rampage!!!
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Aug 1, 2012

Pheli-Marabi

Khune: "I am afraid of Sundowns " (Kick-off)
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Aug 1, 2012

DUKES87

Makhosi.....let's fill up the stadium this sunday we going to make it by fire by force or else we will be having headaches at work because of the so called "Bucanners" !
Let's buy ticket guys !
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Aug 1, 2012

Mygirl

ancnduntsu
dadaman1
I am just wondering who is going to be baptised on the 22 September by DTC in the final of MTN8.

Boring games on Sunday, i will be watching BEN10 exactly at 15H00.
==========================================================================
Rodents will be baptised . As for sunday ,feel free to watch Ben 10.Fucken Retard!!!!
===================================================================

How sure are you..??? didnt u say the samething last season??? then wht went wrong keep on dreaing its a nice anyway.
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