League's prize money slashed
Friday, August 30, 2019
BFA press conference
BTC has reduced this season’s sponsorship money to just P5 million because, in their view, they do not get value for their money. One of the things that BTC complained about was that some teams were issuing tickets that did not bear the company logo.
This followed the BPL’s decision to hand over the ticketing to the clubs. However, BPL board chairperson, Seiphetlho Sefhako said ticketing has since been handed back to the Premier League office.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...