This took place at the league’s
annual general meeting held at Monte-Casino-Fourways on Tuesday.
The (PSL) also announced a R15‚1 million profit for the financial year ended 31 July 2016 after sponsorship and broadcast revenue increased from R735 million to R853 million.
Increased revenue from tournament gate takings also improved from R10‚1 million in the last financial year to R25‚2 million in the year ended July 2016.
The PSL posted a R1‚3 million profit last July and the improvement to R15‚1 million can also be attributed to reduced costs and frugal spending.
‘‘What is also exciting is that we had a clean audit and also our solvency has been reduced to almost zero. I think the organisation is floating positively‚” Khoza said.
‘‘We are now bracing ourselves as to how we deal with things going forward‚” Khoza said.
‘‘The challenge is how we adjust in this tough economic climate because we cannot guarantee a lot of things‚ especially sponsorships.
‘‘We need to be innovative as the PSL and say how we position ourselves.
The tooth-gapped “Iron Duke” said after the appointment of the next executive committee‚ the PSL would finally be in a position to set time frames and announce with absolute certainty when a new CEO will be appointed.
Madlala has been acting CEO since last November and she stepped in on a interim basis after Brand de Villiers’ resignation.
We could not appoint Madlala on a permanent basis as she needs to attend to her club Golden Arrows, he said.
‘‘It has been an advantage to have Sis’ Mato as acting PSL CEO.
‘‘She has done a wonderful job and that is why all the clubs are raving about her to a point where they are asking her to resign from Golden Arrows and become permanent PSL CEO.
‘‘That’s just not possible. But we will take advantage of her skill because she is an accountant by training and this came in very handy.”
Khoza said while he is happy to take the company forward‚ he is mindful of the reality that there needs to be a succession plan in place to ensure that new football leaders like Floyd Mbele‚ Jessica Motaung and Konco‚ among others‚ pick up the baton.
‘‘I’m very excited with my new team and I feel like a kid in a candy shop.”
The meeting also saw changes within the committee with Mike Mokoena, John Comitis and Dan Simelane relinquishing their positions.
New board executive Committee:
NSL Chairperson
Irvin Khoza (Orlando Pirates)
NSL Executive Committee
David Thidiela (Black Leopards)
Jose Ferreira (Bidvest Wits)
Khumbulani Konco (Bloemfontein Celtic)
Kaizer Motaung (Kaizer Chiefs)
Mato Madlala (Golden Arrows)
Dr Rejoice Simelane (Mamelodi Sundowns)
Stanley Matthews (SuperSport United)
