TV SOCCER BLACKOUT
SABC woes plunge Safa into R20m loss
Bafana Bafana’s next official games may not be broadcast as a result of the crisis
SA’s biggest sport is set to become the latest victim of the SA Broadcasting Corporation’s (SABC’s) cash woes. The SA Football Association (Safa) said arrears from the SABC would probably push it to a loss of about R20m in the financial year to June. The more immediate concern for fans may be the possibility that Bafana Bafana’s next official games may not be broadcast as a result of the crisis. As much as 70% of Safa’s revenue is generated from its partnership with the SABC, which is supposed to pay about R10m a month for the right to broadcast Bafana Bafana‚ Banyana Banyana‚ SAB League National Championship‚ junior national team and ABC Motsepe League matches in line with an agreement that ended in April. But according to Safa‚ the public broadcaster, which reported a net loss of almost R1bn in the 2016/2017 financial year, has failed to honour its financial obligations for several months and owes the football body more than R50m. A new contract is yet to be signed because the SAB...
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