Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Russell Rensburg | This is how SA could respond to US aid cuts • Spotlight

    July 4, 2025

    Yeloto Provides Access to Clean Water in Rural Kaduna Community

    July 4, 2025

    Italy to lose set-piece battle

    July 4, 2025
    Facebook X (Twitter) Instagram
    • Home
    • Contact Us
    • About Us
    • Privacy Policy
    • Terms Of Service
    • Advertisement
    Friday, July 4
    Facebook X (Twitter) Instagram Pinterest Vimeo
    ABSA Africa TV
    • Breaking News
    • Africa News
    • World News
    • Editorial
    • Environ/Climate
    • More
      • Cameroon
      • Ambazonia
      • Politics
      • Culture
      • Travel
      • Sports
      • Technology
      • AfroSingles
    • Donate
    ABSLive
    ABSA Africa TV
    Home»Technology»MultiChoice to sell SuperSport United after 31 years of ownership
    Technology

    MultiChoice to sell SuperSport United after 31 years of ownership

    Chris AnuBy Chris AnuJuly 3, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    MultiChoice to sell SuperSport United after 31 years of ownership
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link


    SuperSport CEO Rendani Ramovha

    SuperSport United, the Premier Soccer League (PSL) team owned by MultiChoice Group subsidiary SuperSport, is being sold to an entity linked to the former Bloemfontein Celtic football club.

    According to a SuperSport statement on Thursday, the sale to Siwelele Football Club was agreed following a closed bidding process. It remains subject to approval by the management of the PSL.

    “The sale of the club comes as SuperSport makes strategic shifts to allow us to remain the biggest broadcaster in Africa and a leading global competitor,” said SuperSport CEO Rendani Ramovha in the statement.

    The sale of SuperSport United ends a 31-year relationship between MultiChoice the Pretoria-based side

    “Shifts in the market, as well as the need to innovate in accordance with our core business, have necessitated focused direction to allow SuperSport to remain the best sports content provider on the continent and a leader in broadcast innovation.”

    Ramovha did not specifically explain how not owning SuperSport United would help with that strategy. However, changes to the broadcasting landscape, including the rise of streaming services like Netflix, have seen SuperSport sister company DStv struggling maintain market share and hang onto its subscribers.

    In its results for the year ended 31 March 2025, MultiChoice reported it had lost 1.2 million subscribers in its pay-TV business over the period, while it reported a staggering R2.3-billion in trading losses, in part related the relaunch of streamer Showmax to better compete with Netflix et al.

    Unbundling

    Its cash position also deteriorated significantly, with the group incurring free cash outflows of about R500-million. The latest cashflow numbers were knocked lower by a decline in profits and higher lease repayments and came despite a 29% year-on-year reduction in capital expenditure and improved working capital management.

    Speaking to TechCentral in an interview after publication of the results, group CEO Calvo Mawela said MultiChoice is considering an effective unbundling of SuperSport from DStv.

    According to Mawela, the broadcaster has launched an investigation that could result in consumers being able to choose a DStv general entertainment subscription without SuperSport channels.

    SuperSportThe sale of SuperSport United ends a 31-year relationship between MultiChoice and the Pretoria-based side, which began in July 1994 when M-Net bought what was then the Pretoria City football club. The rebrand to SuperSport United took place in 1997 and coincided with the team’s first major trophy win, the Bob Save Superbowl.

    Read: MultiChoice may unbundle SuperSport from DStv

    SuperSport United won three consecutive Premier League titles in the 2008, 2009 and 2010 seasons. They have also won various other trophies including the Nedbank Cup, MTN8 and Telkom Knockout competitions.  – © 2025 NewsCentral Media

    Get breaking news from TechCentral on WhatsApp. Sign up here.

    Don’t miss:

    Inside SuperSport’s state-of-the-art outside broadcast truck on match day



    Source link

    Post Views: 8
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Chris Anu
    • Website

    Related Posts

    Faranani DocTec sponsors OpenText Summit Africa 2025

    July 4, 2025

    Takealot considering mass hiring of former Post Office staff

    July 4, 2025

    Four legacy systems risks (and how to address them)

    July 3, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Who is Duma Boko, Botswana’s new President?

    November 6, 2024

    As African Leaders Gather in Addis Ababa to Pick a New Chairperson, They are Reminded That it is Time For a Leadership That Represents True Pan-Africanism

    January 19, 2025

    BREAKING NEWS: Tapang Ivo Files Federal Lawsuit Against Nsahlai Law Firm for Defamation, Seeks $100K in Damages

    March 14, 2025

    Kamto Not Qualified for 2025 Presidential Elections on Technicality Reasons, Despite Declaration of Candidacy

    January 18, 2025
    Don't Miss

    Russell Rensburg | This is how SA could respond to US aid cuts • Spotlight

    By Njih FavourJuly 4, 2025

    US President Donald Trump’s administration has cut life-saving aid to many African countries. (Photo: White…

    Your Poster Your Poster

    Yeloto Provides Access to Clean Water in Rural Kaduna Community

    July 4, 2025

    Italy to lose set-piece battle

    July 4, 2025

    Summer of Classics is back at Cinema Akil

    July 4, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Sign up and get the latest breaking ABS Africa news before others get it.

    About Us
    About Us

    ABS TV, the first pan-African news channel broadcasting 24/7 from the diaspora, is a groundbreaking platform that bridges Africa with the rest of the world.

    We're accepting new partnerships right now.

    Address: 9894 Bissonette St, Houston TX. USA, 77036
    Contact: +1346-504-3666

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    Russell Rensburg | This is how SA could respond to US aid cuts • Spotlight

    July 4, 2025

    Yeloto Provides Access to Clean Water in Rural Kaduna Community

    July 4, 2025

    Italy to lose set-piece battle

    July 4, 2025
    Most Popular

    Russell Rensburg | This is how SA could respond to US aid cuts • Spotlight

    July 4, 2025

    Did Paul Biya Actually Return to Cameroon on Monday? The Suspicion Behind the Footage

    October 23, 2024

    Surrender 1.9B CFA and Get Your D.O’: Pirates Tell Cameroon Gov’t

    October 23, 2024
    Facebook X (Twitter) Instagram Pinterest YouTube
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms Of Service
    © 2025 Absa Africa TV. All right reserved by absafricatv.

    Type above and press Enter to search. Press Esc to cancel.