DStv Premiership side Royal AM are reportedly looking to trim their squad in the new year which would lead to a much-needed salary saving. Photo: Steve Haag/BackpagePix
Shauwn MaMkhize’s Royal AM land HUGE partnership deal with eThekwini Municipality
DStv Premiership high-flyers Royal AM have secured a multimillion-rand partnership deal with the eThekwini Municipality.
DStv Premiership side Royal AM are reportedly looking to trim their squad in the new year which would lead to a much-needed salary saving. Photo: Steve Haag/BackpagePix
DStv Premiership high-flyers Royal AM have secured a multimillion-rand partnership deal with the eThekwini Municipality.
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The club are set to receive R15.75 million over a period of three years which amounts to R5.25 million per annum.
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While the deal, that is expected to increase tourism opportunities in Durban, has been criticised by the Democratic Alliance (DA), eThekwini Mayor and Exco chairperson Mxolisi Kaunda said that sponsoring the DStv Premiership team is in line with their current model.
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Kaunda said on IOL: “When you look at how we have handled the sponsoring of teams, you will note that we give R4 million (per year) to the Sharks and R3.5 million (per year) to AmaZulu and Lamontville Golden Arrows.
“To say (Royal AM owner Shauwn Mkhize) MaMkhize has a lot of money, you need to take a look at the owners of the Sharks.”
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