Absa ends 16-year relationship with the PSL: "Who's the next sponsor?"

Absa ends 16-year relationship with the PSL: "Who's the next sponsor?"

- South Africa learned that ABSA bank has announced it is ending its sponsorship of the PSL

- This news took the country by surprise after many years backing the league

- Everyone wants to know who the new sponsor is going to be and some have their own favourites in mind

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The news dropped today that the longtime sponsor of the Premier Soccer League (PSL) has ended its 16-year-long support of the sports franchise.

Briefly.co.za learned that the PSL released a media briefing today announcing the news in which Dr Irvin Khoza, the PSL Chairman, thanked ABSA for their support over the years.

“We have enjoyed a long, fruitful relationship with the PSL and have supported the PSL’s work in South African football and sports development. While we will no longer be the anchor sponsor for the PSL, soccer will always remain close to our hearts. We are therefore exploring alternative options to continue our relationship with the PSL,£ said Daniel Mminele, Chief Executive of Absa Group.
“We would like to thank the PSL and the football community for the excellent partnership and support over the years,” said Mminele.
“The Absa Premiership era will forever be a reference point for football glory, both in term of club development and player performance in our sports history. The PSL is grateful to Absa for strengthening the league to true professionalism,” said PSL Chairman, Dr Irvin Khoza.

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The question on everyone's lips is who is the next sponsor going to be?

Briefly.co.za took a look at what Mzansi thinks of this new development:

In other news, South African football has seen some phenomenal coaches over the years and Briefly.co.za focuses on four of the most successful coaches since the inception of the Premier Soccer League (PSL).

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Source: Briefly.co.za

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