Hluyo: ‘Safa is not broke’

At a media briefing held at SAFA House on Friday, Safa chief financial officer Gronie Hluyo has denied rumours that the mother body is cash strapped.

Hluyo says Safa’s finances are in order with more funding earmarked for the current financial year.

“Unfortunately, SAFA is not broke, its finances are well and very much in order and if there is any doubt,” Hluyo said in a statement released on Safa website.

“On top of that, SAFA has good governance structures comprising, among others, the finance, audit and remuneration sub-committees.

There is proper accountability within our finances, we have never failed to honour our obligations to our service providers and we pay our utility services on time. We have funding for all our competitions and national teams.

“With grants from FIFA both for operation and other projects, SAFA’s finances can only get better.”

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