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South Africa: PSL confirms new prize money for 2024/25 league season, the highest in Africa

The South African Premier Soccer League has confirmed the prize money for the winning team in the 2024/25 season.

The PSL entered a new sponsorship deal with betting company Betway a few months ago after parting ways with DStv.

https://twitter.com/OfficialPSL/status/1854084334237495631?t=t3_KgAt3TzNNGY2jExrKVA&s=19

https://twitter.com/Lorenz_KO/status/1854080405231620420?t=HTs4_Tu7XbY2OqLij_V9Sg&s=19

According to the league’s chairman, Irvin Khoza, the winner of the 2024/25 Betway Premiership will receive R20 million (USD 1,13 million).

This is an increase from R5m ($850,000) that was given to the winners in the previous campaign.

There was no further breakdown of the prize money for the rest of the teams.

https://twitter.com/AfricaFactsZone/status/1854189357692752072?t=02lBqfPLgp7UADf7AfLgFg&s=19

Khoza said: “The winner of the Betway Premiership will receive R20 million, number one spot.

According to current data, the prize money is currently the highest sports league cash in Africa.

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