Latest news with #R174
IOL News
3 days ago
- Business
- IOL News
Mamelodi Sundowns no longer a big fish in a small pond at Club World Cup
BIG FISH, SMALL POND Mamelodi Sundowns will aim to prove their dominance on a global stage at the 2025 FIFA Club World Cup, following their run to CAF Champions League final and winning their eighth league title in a row. Picture: BackpagePix It's no secret that the Patrice Motsepe-owned Mamelodi Sundowns are the richest football club not only in South Africa, but the entire continent, and a top performance at the upcoming Club World Cup will be another feather in their cap. Not that they were struggling for cash, but Mamelodi Sundowns will earn a handy R174 million simply for playing in the 2025 FIFA Club World Cup in the USA from June 14 to July 13. FIFA had initially targeted a much larger participation fee of $50 million (around R911 million), but apparent issues the tournament ran into over sponsorships and broadcasting revenue saw the final figure radically reduced. Teams will also be awarded around R36m per win and R18m per draw in the group stages. A total prize money of 1 billion US dollars (R18.2 billion) was confirmed for the tournament by FIFA. The winners of the event will pocket R2.2 billion.
IOL News
23-05-2025
- Business
- IOL News
Mamelodi Sundowns receive massive boost ahead of Club World Cup
GOOD TIMING Mamelodi Sundowns receive a major boost ahead of the Club World Cup with FIFA's new player signing window, as they focus on the CAF Champions League final and celebrate their Betway Premiership title win. Seen here: Sundowns coach Miguel Cardoso. Picture: BackpagePix Though Mamelodi Sundowns will be solely focussed on the two-legged CAF Champions League final over the next week or so, they may just be scurrying to beef their player stocks thanks to the latest development ahead of the Club World Cup. On Thursday, it was confirmed by FIFA that all clubs competing in the Club World Cup in the USA would be allowed to sign new players between June 1 and 10. Sundowns will begin their Club World Cup campaign on June 18 against Ulsan, before fixtures against Dortmund and Fluminense over the following seven days. It means that the richest club in Africa will be given yet another boost in their bid to improve on their guaranteed R174 million for simply turning up.
IOL News
15-05-2025
- Sport
- IOL News
Is Mamelodi Sundowns dominance making the PSL less exciting?
NO SURPRISE Mamelodi Sundowns' historic eighth consecutive league title highlights their dominance in South African football, raising questions about the excitement level in the PSL. Picture: Backpagepix More recently, Manchester City became the dominant force in the English Premier League under coach Pep Guardiola with six titles between 2017 and 2024. With Manchester United currently experiencing one of the worst periods in their history, it seems a lifetime ago that they were almost untouchable under Alex Ferguson . The Red Devils won an incredible 13 league titles between 1992 and 2013 under Ferguson. Looking back, there's always a sense of nostalgia, like when we see Woods hobble his way around a golf course now and the broadcaster shows a flashback of his heyday. Like Manchester United under Alex Ferguson, Tiger Woods in the early 2000s, Michael Schumacher in F1, total domination in sport makes it boring for the neutral fans. Mamelodi Sundowns Secure Historic Eighth Consecutive League Title As impressive as these achievements are, they are eclipsed by the eight league titles in a row that Mamelodi Sundowns clinched on Wednesday evening. A 3-0 romp over Chippa United in East London meant Sundowns won the Betway Premiership with a game to spare. In fact, they probably would have won it sooner, but second-placed Orlando Pirates have three games in hand over Sundowns. It's also no secret that the Patrice Motsepe-owned Sundowns are the richest football club not only in South Africa, but the entire continent. Not that they were struggling for cash, but Mamelodi Sundowns will earn a handy R174 million simply for playing in the 2025 FIFA Club World Cup next month. FIFA had initially targeted a much larger participation fee of $50 million (around R911 million), but apparent issues the tournament ran into over sponsorships and broadcasting revenue saw the final figure radically reduced. Teams will also be awarded around R36m per win and R18m per draw in the group stages. A total prize money of 1 billion US dollars (R18.2 billion) was confirmed for the tournament by FIFA. The winners of the event will pocket R2.2 billion. It seems then, the domination of Sundowns is set to continue and until their reign is over, other clashes like the Soweto Derbies will remain the highlight of the SA football calendar every season. @Michael_Sherman IOL Sport * The views expressed are not necessarily the views of IOL or Independent Media. ** JOIN THE CONVERSATION: Send us an email with your comments, thoughts or responses to iolletters@ Letters should be a maximum of 500 words, and may be edited for length. Anonymous correspondence will not be published. Submissions should include a contact number and physical address (not for publication).
