Share

PSL in R2bn broadcast deal

Johannesburg - The Premier Soccer League (PSL) on Friday signed a five-year television rights deal worth more than R2bn with the country's satellite channel SuperSport, part of the continent's biggest media company Naspers [JSE:NPN].

PSL chairperson Irvin Khoza said the deal, which starts next season, puts the South African league in the Top 10 of worldwide earners from the sale of television rights.

"The winning tender... offered a composite package that includes internet and mobile rights," Khoza told a news conference.

"We need to be clear that it wasn't just the money that influenced us but (we) looked at the growth and enhancement of our product on our current deal, where we moved from being 30th ranked league in the world to the top 10."

The deal extended an existing five-year deal for which SuperSport paid R1.6bn in 2007. This season, which ends in May next year, is the last of the current agreement.

SuperSport won an acrimonious rights tussle with the SABC in 2007, but this time the cash-strapped state broadcaster's spokesperson Kaizer Kganyago said it did not have the financial power to challenge for the rights.

SuperSport sub-licenses matches to the SABC, and broadcasts an average of seven live matches per week.

*Fin24 is a Naspers publication.

 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.29
-0.7%
Rand - Pound
23.87
-1.1%
Rand - Euro
20.58
-1.2%
Rand - Aus dollar
12.38
-1.1%
Rand - Yen
0.12
-1.2%
Platinum
943.50
+0.0%
Palladium
1,034.50
-0.1%
Gold
2,391.84
+0.0%
Silver
28.68
+0.0%
Brent Crude
87.29
+0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders