Finally addressing a question that has stirred curiosity among football fans, PSL Chairman Dr. Irvin Khoza has officially unveiled the prize money awaiting the 2024/25 Betway Premiership champions. In a recent announcement, Khoza disclosed that the winning team will receive a grand prize of R20 million. This long-awaited announcement follows the league’s significant new partnership with Betway, projected to bring substantial investment into South African football over the next several years.
Khoza emphasized the importance of the financial boost to the league, noting that the new partnership aims to elevate the league’s global standing and enhance the competitiveness of South African teams. Betway’s multi-year sponsorship deal, valued at R900 million, promises to bring increased financial support not only to the Premiership but also to the broader footballing landscape in the country.
While R20 million has been confirmed for the league champions, Khoza hinted that more details on prize allocations for other teams in the league standings would be announced soon. He encouraged fans to “watch this space” for further updates on the prize distribution, ensuring that teams across the standings will see rewards for their efforts.
With this announcement, the PSL has added a new level of excitement to the ongoing season, as clubs now have a clear vision of the stakes and the support that awaits them. This development is likely to further energize the competition, motivating teams to bring their best to each match in pursuit of the lucrative league title.