Covid-19 has hit the coffers of the Premier League of Eswatini (PLE) hard after the revenue made by the organisation dropped by a huge E7 million.
The set back comes after the recently ended 2020/21 MTN Premier League season, which was played without fans due to the pandemic.
Details of the report were revealed by FIPS Chattered Accountants auditor Tendai Chomwanza during the PLE special meeting held at the Sigwaca House on Sunday.
The PLE was only able to make E8 987 633 revenue during the past financial year, which ended on 30 June 2021 compared to E15 995 025 that had been collected during the previous season.
The decline in revenue has been mainly caused by the absence of the country’s three knockout tournaments being EswatiniBank Cup, SMVAF Ingwenyama Cup and EPTC Charity Cup, which did not take place last season as a result of the covid-19 effects on various sporting activities, including football.
The organisation ended up hosting only one competition, the MTN Premier League, with all games played behind closed doors in various stadiums around the country.
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By FARPost Reporter