PSL posts stronger revenue as clubs benefit from R700m payout

The 2024/25 financial results were tabled at the League’s Annual General Meeting held last Thursday in Melrose, Johannesburg, where all 32 member clubs were in attendance. 

According to the report, the PSL maintained profitability for a second consecutive year under chairman Irvin Khoza, although the surplus declined drastically – from R33.9 million in 2023/24 to just R2.25 million.  

Despite the dip, the Executive Committee expressed confidence in its financial stability and long-term sustainability. 

On the other hand, revenue rose from R1.09 billion to R1.19 billion, driven largely by stronger sponsorship income.

The League also confirmed that more than R700 million was distributed to clubs in monthly grants and prize money, urging members to continue enhancing the PSL brand to attract further commercial partners and strengthen their own financial positions. 

The board of governors, made up of all 32 member clubs, also debated a proposal to scrap the under-23 rule in the Motsepe Foundation Championship, where clubs are forced to include at least five players in their match-day squads, and at least two must be on the field at all times.

Black Leopards chairman David Thidiela had argued that the rule was outdated, but the motion was rejected as rival clubs insisted the policy plays a vital role in nurturing local talent and supporting youth development within South African football. 

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