Safa expects R60m surplus after Covid-19 lockdown and Fifa aid
A reduction in expenditure owing to no activities by teams due to Covid-19 is among the major contributors
25 August 2020 - 17:38
The lack of activity of the national teams due to Covid-19‚ a relief package from global ruling body Fifa and extensive streamlining and reorganisation will result in the SA Football Association (Safa) posting an expected R60m surplus in 2020.
Safa acting CEO Tebogo Motlanthe said the association will turn around a R96m deficit posted in 2019 with a surplus that is expected to be R60m for the 2020 financial year...
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