Moroka Swallows chairman David Mogashoa says if he can’t get the sponsorship soon, he will be forced to sell the club.
Mogashoa added that he has not been given credit for paying players who have not played for a long time due to injuries, such as Wandisile Letlabika, who has been hampered with injuries and earns over R100ks per month.
He said the grant money of R2.3 million after tax is not enough to run the club and is only good for clubs paying small salaries.
Swallows management is involved in the non-payment with players, and they were forced to ask the league to cancel two of their matches this month – against Mamelodi Sundowns at Loftus Stadium on Wednesday and Golden Arrows at Dobsonville Stadium on Saturday.
The league approved these games to be canceled because of the money standoff, but Mogashoa stuck with his guns that the players knew they would be paid at the end of December as per their contracts even though the PSL grant was paid on 15 December.
“The grant is never enough, my brother,” Mogashoa told iDiski Times.
“Swallows’ salary bill is of R4.2 million. The grant you are talking about must still cover logistics (as per the PSL compliance manual). The grant is enough for those clubs paying small salaries which is a direction we must all go down.
“This thing we want to pay big salaries it doesn’t work. It only works for those who have sponsors. With Swallows’ salary bill of R4.2 million, the grant is R2 million and what happened – they fly around and all those things, you are already in shortfall. Without a sponsor, you are screwed.”
Mogashoa said he found himself in this position because the PSL declined him a Telkom sponsorship of three years that he had signed. He said that money would have helped his club.
“My backlog, you see people underestimated the issue of Telkom sponsorship and the backlog was created then,” he said.
“There has always been a backlog from that Telkom issue because the league dragged us for a couple of months, it was not just a week. So, we signed players and committed, and the backlog started then, and we still haven’t recovered from that because it was a three-year deal.
“You will never run the Premier League club with the grant. The only other option is to sell the club.”
When asked if he is thinking of selling the club, Mogashoa was unflinching in his point, “Look, if I can’t get a sponsor, I’m going to have to do it or release a lot of players and play with youngsters.”
According to a source,it has been said that if Moroka Swallows sell club,Bloemfontein Celtics might make a comeback in the PSL.