Guiding consumers since 2009

R1 mil for every Bafana goal and other sport incentives

By Staff Writer
The South African soccer team have been offered a massive incentive ahead of their 2010 World Cup campaign - one million rand to share between them every time they manage to find the back of the net during the tournament.

We want our team to play with pride and passion, we want to inspire them,' Football Association chief executive officer Leslie Sedibe told South African television on Wednesday.

Sedibe said the finer details regarding general payment and a bonus structure for the finals still need to be ironed out but with a national side that averages 1.1 goals a game in their 250 internationals since they made their return to the world competition in 1992 - the governing body of South African football probably doesn't have too much to worry about.

While most people think that this is an absurd incentive, money and sport have long been synonymous. The average footballer in England earns about £13,000 per week, that is equal to about R149,732 and during the recent IPL tournament in India - players like Kieron Pollard were sold for more than USD750,000 that is R5 733 884 - that's more than most of us will earn in our lifetime.

With the t20 cricket World Cup currently on the way in the West Indies, where South Africa are in the Super Eights, the prize money is also a fair amount. Both the winner and the runner up of the final game will earn $800 000 (R 6,111,259) while those in third and fourth place will get a nifty $200 000 (R1,528,629).

For every win during the Super Eight stages the ICC will fork out $50 000 (R382,157) and for every game won during the initial group stages the winner will get $25 000 (R191 078).

Not bad going for a few hours' worth of work...

Recent Articles

Featured How are you taxed on your retrenchment package?

Unemployment is one of the biggest problems in South Africa. The emergence of the Covid-19 pandemic has exacerbated the situation with a lot of companies retrenching their employees.  When retrenched, you’ll receive a retrenchment package, but do you know how much tax you’re liable for?

Car repossessed – don’t be taken for a ride

When the country is facing an economic downturn, chances are your finances will feel the pinch. This can lead you to make bad financial decisions such as skipping your vehicle payments. But every decision has consequences and if you don’t pay your instalment, the bank will repossess your car. But what can you do when this happens?

 

Why you should consider gap cover

Your medical aid should protect you from incurring large medical bills when you’re sick. But what if your plan doesn’t cover the full cost of your medical expenses? We got in touch with insurance experts to find out whether gap cover is worth having.

Debt relief - What is your bank offering?

Going through a financial crisis is stressful whether it be as a result of losing your job, being short-paid, having to fork out towards an emergency payment, or finding yourself in the midst of a global pandemic. This is especially taxing if you have a debt to service. It is against this backdrop that banks are increasingly offering payment holidays. Justmoney looks at the various debt relief options available to you from the big five banks.

Deals

Premier Hotel and Resorts Special For Senior Citizens

Price: Available on request
When: Daily
Where: Nationwide

The President hotel 10% discount for locals

Price: Available on request
When: Until 31 October 2020
Where: Cape Town

Get 40% off when you book your stay at Colosseum Hotel

Price: Available on request
When: Until 13 December
Where: Cape Town


Latest Guide

Guide to debt rehabilitation solutions