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Absa and the Premier Soccer League (PSL) will be ending their sponsorship relationship of the Absa Premiership when the sponsorship contract expires at the end of the current season.
Absa and the PSL announced an end to a 16-year relationship in a joint statement on Thursday.
Absa Group CEO Daniel Mminele said while they will no longer be the anchor sponsor for the PSL, soccer will always remain close to the Banks’ hearts.
He said they will, therefore, explore alternative options to continue their relationship with the PSL.
PSL Chairman, Dr Irvin Khoza said the Absa Premiership era will forever be a reference point for football glory in South Africa.
He said the PSL was grateful to Absa for strengthening the league to true professionalism.
