How Kaizer Chiefs can cut costs by R1.9 million every month

Kaizer Chiefs have some financial restructuring to do and that starts with player salaries on the balance sheet.

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KAIZER CHIEFS: BEST MONTHLY SALARIES

• Keagan Dolly – R1,4 Million
• Itumeleng Khune – R480,000
• Zitha Kwinika – R370,000
• Ashley du Preez – R300,000
• Yusuf Maart – R300,000

It’s easy to envisage a situation where both Khune and Dolly are no longer Chiefs players next season. That illustrates a level of money mismanagement by the club but also reveals an opportunity for them to considerably trim the wage bill as neither player has been an integral part of the starting XI for the last two campaigns. Taking R1.9 Million off their monthly costs frees up funds to find players who fit the club culture.

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FORMER AMAKHOSI STAR BLOM TAKING HOME R6.2M ANNUALLY

Njabulo Blom is the second-best-paid South African in the MLS, earning $338k annually (R6.4 million) with Minnesota United FC’s Bongokuhle Hlongwane outstripping him with earnings of $610k (R11.6 million). Former Sundowns striker Cassius Mailula earns $291k (R5.5 million) annually. It’s not shabby at all.

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Meanwhile, hit up James Freemantle for more insights, analysis and love for the beautiful game.

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