Dr. Patrice Motsepe, President of the CAF, along with the Motsepe Foundation and the Premier Soccer League, made a monumental announcement on Friday morning in Sandton by announcing the launch of the Motsepe Foundation Championship. The announcement was made in conjunction with the Motsepe Foundation.
Motsepe has been back in South Africa for about a week now, and he took advantage of his time there to make this news alongside PSL Chairman Dr. Irvin Khoza before departing for the WAFCON in Morocco.
Motsepe made the announcement that the Motsepe Foundation will be taking over as the title sponsor of the National First Division. The Motsepe Foundation will be taking over for GladAfrica, who had been the sponsor for the National First Division for the previous three seasons.
The Motsepe Foundation Championship is the new name that will be given to the second level of competition.
Motsepe said in the statement that South African football has a long and proud history and has produced some of the most talented players in Africa and the world. "South African football has produced some of the most talented players in Africa and the world," Motsepe said.
"It is an honor for the Motsepe Foundation to make a humble contribution to the development and evolution of South African football and to the process of making South African football among the finest in Africa and around the world.
Yesterday, Dr. Khoza reached out to me and asked to meet with me as soon as possible. After speaking with some of the Trustees of companies associated with the Motsepe Family, we came to an agreement to initiate the Motsepe Foundation Championship.
"We would also want to congratulate the PSL and its Chairman Dr. Khoza for his tireless efforts to bring sponsors and partners to the PSL," the PSL said in a statement.
Motsepe also announced that they will be looking into increasing the amount of prize money that is available for the competition.
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