Mmegi Online :: Funds hinder second BPL valuation
Banners
Banners
Banners
Banners
Last Updated
Friday 21 September 2018, 15:09 pm.
Banners
Funds hinder second BPL valuation

The Botswana Premier League's (BPL) financial woes have hindered a second valuation of the domestic league competition.
By Mqondisi Dube Fri 08 Jun 2018, 15:17 pm (GMT +2)
Mmegi Online :: Funds hinder second BPL valuation








In 2015, a South African sports research firm, Repucom, valued the local league at P15million in a groundbreaking move.

However, there has been no subsequent valuation, and when quizzed this week, BPL chief executive officer, Thabo Ntshinogang attributed the lack of progress to funding.

“We have not valued (the league) again in a while because we didn’t have the money. Maybe we will do it during the course of the season,” Ntshinogang said.

He said the valuation process can cost as much as P500,000, although it can be much less “if you ask the valuers not to focus on all the elements”.

The first valuation was necessitated by constant drawn out negotiations for sponsorships and the BPL, under Bennett Mamelodi, felt it was prudent to know the true value of the league.

There were feelings that the BPL was underselling its product, as there were no statistics to back up their negotiations for improved deals.

In valuing the league in 2015,

Banners

Repucom said in the 2013-2014 season, tangible benefits from the league to the title sponsor stood at P1.5 million.

The benefit from advertising to the sponsor was P1.275 million. Exposure from televised matches is estimated to have brought benefits worth P5.7 million, while the appearance of the sponsor’s name on merchandise including club kits was worth over P1 million. The value for both tangible and intangible benefits was put at over P30 million for the 2013-2014 season.

The aim of valuing the league was to move towards commercialising against a backdrop of credible statistics or document.

The value of the league is expected to have gone up marginally, as the sponsorship figures from title sponsor, BTC, rose to P39million over three seasons. Mascom extended its Top 8 deal, by a further three years.

BPL is in constant lookout for potential partners, with the void left by Coca Cola for the knockout Football Association (FA) Cup still unfilled.

Subscribe to our Newsletter
Banners
Banners
Banners


Lifestyle
Fri 08 Jun 2018, 16:36 pm
Fri 08 Jun 2018, 15:48 pm
Fri 08 Jun 2018, 15:46 pm
Fri 08 Jun 2018, 15:37 pm
Fri 08 Jun 2018, 15:34 pm
Fri 08 Jun 2018, 15:30 pm
Fri 08 Jun 2018, 15:17 pm
Fri 08 Jun 2018, 15:05 pm
Fri 01 Jun 2018, 13:10 pm
Fri 01 Jun 2018, 13:07 pm
Fri 01 Jun 2018, 13:04 pm
Fri 01 Jun 2018, 13:03 pm
Fri 01 Jun 2018, 13:00 pm
Fri 01 Jun 2018, 12:58 pm
Thu 31 May 2018, 15:00 pm
Tue 29 May 2018, 14:49 pm
Fri 25 May 2018, 13:55 pm
Fri 25 May 2018, 13:53 pm
Fri 25 May 2018, 13:52 pm
Fri 25 May 2018, 13:51 pm
Fri 25 May 2018, 13:45 pm
Fri 25 May 2018, 13:42 pm
Fri 18 May 2018, 15:21 pm
Fri 18 May 2018, 15:21 pm
Banners
Banners
Exchange Rates
FOREIGN EXCHANGE: Wednesday, 17 Jan 2018
FOREIGN / PULA
PULA / FOREIGN
1 USD = Pula   9.7656
1 GBP = Pula   13.4590
1 EUR = Pula   11.9617
1 YEN = Pula   0.0882
1 ZAR = Pula   0.7938
1 Pula = USD   0.1024
1 Pula = GBP   0.0743
1 Pula = EUR   0.0836
1 Pula = YEN   11.34
1 Pula = ZAR   1.2597
Subscribe to our Newsletter
have a story? Send us a Tip
Banners
  • Previous
    Next
    Masa Centre
    ::: Sunday 23 Sep - Sunday 23 Sep :::
  • Previous
    Next
    Riverwalk
    ::: Sunday 23 Sep - Sunday 23 Sep :::
  • Previous
    The Meg
    Next
    Gamecity
    ::: Friday 10 Aug - Sunday 07 Aug :::
    The Meg
Selefu
Maruping go a boelwa.
Banners
Banners
istanbul escort