“Failing such remedy‚ Momentum will have to reconsider its sponsorship agreement at the end of the current season.”
The financial services group said it had met with the CSA leadership and outlined “very specific governance and reputational requirements” that the organisation had to deliver on if it is to restore public trust and corporate confidence.
“We will be holding the CSA board accountable to get its house in order‚” said head of sponsorships at Momentum Carel Bosman on Thursday. Momentum indicated that their concerns are “in light of recent revelations and reports of lack of good governance at Cricket South Africa.”The sponsorship deal between Momentum and CSA is essentially rooted in supporting the body’s developmental structures and talent pipelines with the Momentum’s Schools Weeks for Under-13‚ Under-15 and Under-17 teams.
But it is gradually disintegrating with four of its 12 members resigning in a space of a week as the organisation lurched from one crisis to the next.Major sponsors Standard Bank last week announced that they would not renew their sponsorship with CSA when it comes to an end next year while another sponsor‚ cooking oil manufactures Sunfoil‚ also told the organisation to get its house in order or face the consequences.
"CSA has noted the statement attributed to one of its partners and the contents of the statement will be brought to the attention of the Board‚" the cricket mother body told TimesLIVE in an email on Thursday.
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