HomeAfrica-NewsRamaphosa doesn't think SA Tourism's R1bn Tottenham deal is 'justified': spokesperson

Ramaphosa doesn’t think SA Tourism’s R1bn Tottenham deal is ‘justified’: spokesperson

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Harry Kane and Heung-Min are from the Spurs.

Harry Kane and Heung-Min are from the Spurs.

  • Chairman Cyril Ramaphosa opposes SA Tourism’s three-year multi-million dollar deal to sponsor English Premier League side Tottenham Hotspur.
  • Presidential spokesman Vincent Magwenya said the president had not yet been briefed on the proposal.
  • SA Tourism proposed a three-year deal with the Premier League team, worth £42.5 million (around R900 million).

Chairman Cyril Ramaphosa opposes SA Tourism’s three-year multi-million dollar deal to sponsor English Premier League team Tottenham Hotspur.

Presidential spokesman Vincent Magwenya said Ramaphosa had not yet received information about the proposal and had no plans to announce it during the state of the nation address in February.

“Although the presidency has not been informed, we do not believe that spending so much money in the suggested manner is justified,” Magwenya added.

SA Tourism proposed a three-year contract with the English Premier League team, valued at £42.5 million (around R900 million), starting at the start of the 2023/24 season and ending at the end of the 2026/27 season. .

In exchange for the large investment, SA Tourism will receive team branding, interview backdrop branding, match day advertising, association announcements, training camps in South Africa and free access to tickets. and stadium hospitality.

This was first reported by Daily Maverick.

READ | SA Tourism defends Spurs’ ‘new and innovative’ R900m proposal after backlash: ‘We were ready for it’

During a press conference on Thursday, interim chief executive Themba Khumalo defended the deal, saying they expected backlash.

“When you do something new and innovative, the heroes and the villains are the same person,” Khumalo said.

“The positive thing is that we are all committed to how to recover the tourism sector. We are of the opinion that when you do something innovative, it will happen.

“We were prepared for it and we stuck to our strategy, objective and mandate that is described in the Tourism Law,” he added.


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