Nqobile Ndlovu_CashNSPort Director

 The South African Football Association (SAFA) has confirmed that in its<br /> audited financial report for 2022 it has incurred a loss of R2.2 million.<br />  The loss was confirmed by then SAFA CEO Tebogo Motlanthe after the<br /> Ordinary Congress.<br />  The congress did not take place in 2022 and so the books of SAFA were not<br /> declared in public, according to Motlanthe.<br />  With Castle having cut ties with the association after two decades, a deal that<br /> brought in a reported R10-million in their 2022 financial report.<br />  SAFA was paid R25m a year in its four-year broadcast deal for national teams<br /> and junior competitions with the SABC from October 2019. The deal ends in<br /> September. The association is unhappy that, under pressure to ensure free-to-air coverage, Safa accepted that the cash-strapped public broadcaster<br /> negotiated down from the R110m a year in its previous deal.