ZIFA To Bailout PSL Clubs3 years ago
The Zimbabwe Football Association (ZIFA) board has resolved to assist financially-troubled Premier Soccer League (PSL) teams and cushion them from the effects of the coronavirus-induced lockdown.
Speaking following a board meeting in Harare on Saturday, ZIFA president Felton Kamambo said they had decided to bail out local clubs. He said:
PSL said they are facing challenges in as far as the running of clubs are concerned and the board provisionally agreed to assist.Feedback
We will come back to them on June 20, the secretariat will work on a paper on how we are going to assist them.
PSL boss (Farai Jere) gave a detailed account of how our teams are struggling and the board made a decision to assist.
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ZIFA has been under increasing pressure to offer financial support to PSL clubs whose finances have been hit hard after the start of the 2020 season was postponed because of the COVID-19 lockdown.
ZIFA recently got US$700 000 from FIFA and a further US$200 000 from CAF which should all be used as a stimulus to help football activities during the pandemic.
More: Daily News
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