Betway Premiership Prize Money Set at R20 Million

• The Premier Soccer League (PSL) confirmed a R20 million prize for the winner of the 2024/25 Betway Premiership during a special announcement on Wednesday.
• PSL Chairman Dr. Irvin Khoza also revealed a new multi-year partnership with Betway, bringing R900 million to South Africa’s top-flight football league.
• The announcement was made ahead of elections for Khoza’s new term as PSL Chairman, where he is running unopposed.

The Premier Soccer League (PSL) has officially confirmed the prize money for the 2024/25 Betway Premiership, with the winner set to receive a generous R20 million. This announcement was made during a special meeting on Wednesday, where PSL Chairman Dr. Irvin Khoza also unveiled a groundbreaking multi-year partnership with Betway, which will bring a massive R900 million investment into South African football.

The news comes as Dr. Khoza prepares for his new term as PSL Chairman, with the elections looming and Khoza running unopposed for the position. Speaking at the meeting, Khoza highlighted the importance of the partnership with Betway, which he believes will help elevate the league to new heights.

“The R20 million prize for the champions of the 2024/25 season is a testament to the growth and success of the league,” Khoza said. “This partnership is a game-changer for South African football.”

The announcement has been met with excitement, as it sets the stage for an even more competitive season, with teams now fighting not only for the prestigious title but also for a substantial financial reward. Fans are eager to see how the new prize money will impact the teams and their preparations for the upcoming season.