By Katlego Sekhu
The Motsepe Foundation announced on Friday afternoon that it secured funding from several companies associated with the Motsepe Family to sponsor the PSL (Premier Soccer League) as part of its “commitment and contribution to developing and uplifting” South African football.
The current National First Division will be renamed the Motsepe Foundation Championship.
Founder and Chairman of the Motsepe Foundation, Dr Patrice Motsepe says “It is an honour for the Motsepe Foundation to make a contribution to the development and growth of South African football and to make it amongst the best in Africa and globally.”
Motsepe also extended his thanks to the PSL and its Chairman Dr Irvin Khoza for “his relentless efforts to attract sponsors and partners to the PSL.”
Co-founder of the Motsepe Foundation Dr Precious Moli-Motsepe says they have over the years supported football as it “provides thousands of jobs, contributes to the improvement in living conditions and standards of living of the poor and marginalized, and is loved by millions of our people.“