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This PSL Team Made R30 million From Player Sales, 3 Times More than League Title Prize

AfricanWebNews
By AfricanWebNews | self meida writer
Published 18 days ago - 3294 views

As Premier Soccer League teams compete to win cups and legue titles to make money and attract sponsors, Maritzburg United identified a different approach to make more money. The Team of Choice has made more than R30 million from the sale of their star players. 

Teams across the globe are struggling financially as a direct result of lockdown and covid-19, they've had to find new ways to generate money as sponsors where pulling away as a result of the pandemic, so Maritzburg was no exception. 

To Survive financially the team parted ways with Rudolf Bester, Cuthbert Malajila, Evans Rusike, Lebohang Maboe and Fortune Makaringe, who have left the club for bigger PSL clubs. Maritzburg's key players, Richard Ofori and Rushine de Reuck, have constantly been linked with Mamelodi Sundowns and Orlando Pirates. 

According to club chairman Farook Kadodia, the existence of his club was purely due to sales they’ve done in the past. Farook said "We will always develop and sell players for us to survive. We will look to motivate players to continue at Maritzburg United for next season and what we need to understand is when you do a deal it must be beneficial for the player and the club.


"The club has to benefit also, so these things are very sensitive and if I get anything on the table it will give some guidance. If I don’t sell players then we will go out of business. Of course, we don’t want to sell our best players, but the situation forces us to do that."


Maritzburg are not the only side, we have already seen Tshakhuma Tsha Madzivhandila being put on sale, after they bought Wits University status in less than a year. The devastating impact of Covid-19 pandemic are hitting clubs in the pockets, especially those without sponsors. 


https://ow.ly/3HYT50Du29u

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