MTN's R400m boost for SA soccer
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The Premier Soccer League has announced another big windfall with MTN committing R400-million over five years to the sport. The cellular communications giant has also taken over the title sponsorship of the Top 8 knockout tournament.
The MTN 8 Knockout will feature South Africa's top eight clubs doing battle for a lucrative R8-million winner-takes-all prize. The tournament's catch phrase will be "Wafa Wafa!" which, roughly translated, means "last man standing".
The format gives the clubs and players extra motivation to win, but each team will receive R800 000 simply for participating.
The prize money is significantly improved over last year's figures, which saw Mamelodi Sundowns, as winners, taking home R1.3-million and runners-up Orlando Pirates pocketing R750 000.
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