Sports wagering firm Topbet has backed South African soccer club Randburg to the tune of US$300,000 in a five-year deal.
Randburg, which boasts five soccer fields and more than 15 teams and 800 players, are understood to have spent US$44,400 on maintaining their grounds, which were given an upgrade by the South Africa 2010 local organising committee during last year’s Fifa World Cup.
Croesus, the club’s women’s team, play in the South African Football Association’s Sasol League.
Topbet owner Mike O’Connor said: “Football is the sport of the African nation. Through this joint venture everyone will scale greater heights.”
“It is vital to have the required financial backing in order to assist in the process of guiding this young talent to the highest level of world football as well as in leadership roles,” added former South Africa international goalkeeper Andre Arendse, whose Safe Hands Goalkeeping School is also involved with the club.