PindulaNewsMarketJobsExpore

Highlanders pay Abkay while rest of technical team waits for two months salary

Highlanders pay Abkay while rest of technical team waits for two months salary

Highlanders’ Treasurer, Donald Ndebele confirmed that the club’s first team, Division One side and juniors’ technical staff are yet to receive their salaries while head coach Erol Abkay was paid. Also affected are the club’s administrative staff.

This development comes at a time when Highlanders have a debt of over $800 000 which is likely to increase following the reduction of their sponsorship deal by Banc ABC by half to $200 000. Highlanders plan to pay outstanding salaries when the season starts and they start collecting gate takings.

However the club might not be able to use gate takings to pay outstanding salaries as they usually use the money to pay winning bonuses. Speaking to The Chronicle, Ndebele said they need to come up with a fundraising strategy such as the donate a $1 campaign. Ndebele said that they approached three companies are waiting for their responses.

More: Chronicle

Tags