ABSA cancels PSL league sponsorship after 13 years

ABSA cancels sponsorship after it has been the sponsor of the Premier Soccer League (PSL) since 2007. In 2007, ABSA replaced Castle as the main sponsor of the PSL. This means that the PSL will have no sponsorship when the 2020-21 season begins. COVID-19 is wreaking havoc in South Africa (SA) and maybe one of the reasons ABSA has canceled. The other reason may be that the current (2019-20) season has been placed on hold for over 2 months with no indication of when the season will resume.

ABSA have ended their relationship with the PSL after pumping 500 million rands into the PSL over a period of 13 years. It is a decision that has stunned the media since last year ABSA increased the price money of the PSL to 39.9 million rands which means the 2019-20 season winner would receive a whopping 15 million rands up from 10 million the previous season.

Currently, in SA the infection rates are increasing and the number of deaths. As of 4 June 2020, there are 37 525 confirmed cases and 792 deaths according to coronavirus SA website. On 4 June, it was reported that coronavirus confirmed cases had risen to 1713 cases and 37 deaths.

Read more:The effects of coronavirus on football

ABSA Premiership League Title Winners

2007-08: SuperSport United - coach Gavin Hunt
2008-09: SuperSport United - coach Gavin Hunt
2009-10: SuperSport United - coach Gavin Hunt
2010-11: Orlando Pirates - coach Ruud Krol
2011-12: Orlando Pirates - coach 
2012-13: Kaizer Chiefs - coach Sturt Baxter
2013-14: Mamelodi Sundowns - coach Pitso Mosimane
2014-15: Kaizer Chiefs - coach Sturt Baxter
2015-16: Mamelodi Sundowns - coach Pitso Mosimane
2016-17: Bidvest Wits - coach Gavin Hunt
2017-18: Mamelodi Sundowns - coach Pitso Mosimane
2018-19: Mamelodi Sundowns - coach Pitso Mosimane

Mamelodi Sundowns have won the most ABSA Premiership League titles with 4. Coach Pitso Mosimane and Gavin Hunt have won the ABSA Premiership League 4 times more than any other coach. Dane Klate is the football player that has won the most ABSA Premiership League title; 6 titles 3 with SuperSport United, 2 with Orlando Pirates, and solitary title with Bidvest Wits.

Do you think this decision is influenced by COVID-19?Please leave your comments below.


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