Bidvest Wits feels impact of Covid-19


As Coronavirus infections continue to rise, Bidvest Wits Chief Operations Officer (COO) Jonathan Schloss says that the nationwide lockdown is impacting the club financially.

South African President Cyril Ramaphosa extended the nationwide lockdown until the end of April with the Premier Soccer League (PSL) suspended indefinitely due to the deadly novel virus.

“Firstly, I wat to thank Bidvest, our owners and in particular our Chairman, Mr Alan Fainman, for his insight, leadership and understanding during his time,” Schloss told Wits’ official website

“In saying that, a lockdown like this does impact a club financially. Because there are no games, therefore there is no additional revenue generated from gate takings, prize money, merchandise sales, hospitality sales [your bars and or tuck-shops).” – Schloss. Picture courtesy of Bidvest Wits. 
“Luckily, thus far there have been no implications so far with regards to our club sponsors as well as the League sponsors because the aim is to complete the season and in doing so the sponsors rights will be met by the League and its members,” explained ‘The Clever Boys COO.

When the current PSL season is given the green light, the League in conjunction with the clubs will agree on how best to finish the season even if it means extending the season, according to Schloss.

“What I mean by that is that instead of the season coming to an end on June 30, it may finish, for example, on July 31 or August 31, or whatever date is agreed to. What that does mean for the new season, is that it will start later. So instead of starting in the beginning of August it may kick off at the end of August or later.

“What it means for the remaining fixtures for this current season is that we play once every two days or every three days, again whatever decision is taken and agreed to by the clubs and the League in order to finish the season,” said Schloss.

RELATED STORY: I will not retire until PSL is on par with EPL PSL COO Schloss

By FARPost Reporter 

Leave a Reply

Your email address will not be published. Required fields are marked *