Official: PSL Reveals Prize Money for Carling Knockout

On Monday, the Premier Soccer League (PSL) confirmed the prize money for the inaugural Carling Knockout tournament. The tournament, which officially kicks off next week, will see Mamelodi Sundowns take on TS Galaxy at the Mbombela Stadium. The winner of the tournament will be awarded a whopping R6.6 million, in addition to a participation fee of R250 000 for each round. This is a significant increase from the R4 million prize money offered in the defunct Telkom Knockout. The full prize money breakdown is as follows:
Winner: R6 850 000

Losing finalist: R2 850 000

Semi-finalist: R1 350 000

Quarter-finalist: R850 000

Last 16: R550 000

The Carling Knockout is set to be an exciting tournament, with teams competing for a massive prize pool. With the winner taking home a hefty sum of R6.6 million, it is sure to be an intense battle for the title.

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