Sundowns owner gives team the entire $1.5m prize money

South Africa’s mining mogul Patrice Motsepe, owner of Mamelodi Sundowns, has said the team will share the U.S. $1.5million (20.8m Rand) prize money, a gesture which is being applauded on media.

Sundowns were on Sunday crowned CAF Champions League winners, after beating Egyptian giants Zamalek clinching their maiden continental title and South Africa’s second title.

Following AmaSandawana’s historic win, Motsepe who is the richest black South African, with an estimated net worth of $1.5 bn (according to Forbes) has pledged the winnings to the Sundowns players and technical team, and the billionaire even gave the beneficiaries some sound advice on how to spend the money.

“All of the $1.5 million (R20.8 million), it’s all theirs. They must now sit down and start thinking about how they are going to divide that money amongst themselves,” Motsepe reportedly said.

“I just said to them: ‘Guys, don’t waste the money now. Take some of that money and invest it. It will benefit you when your football days are over,” the 54 year old billionaire said.

Motsepe is the founder and chairman of African Rainbow Minerals and he became South Africa’s first black billionaire in 2009. In 2004, the mining magnate gained 100 percent control of the Brazilians, as Sundowns are affectionately known after acquired the remaining shares, and he became the sole owner and shareholder of the club.


Motsepe has invested heavily in Sundowns and the club has won the Premier Soccer League (PSL) four times (2005/06, 2006/07, 2013/14; 2015/16) since the billionaire came on board. AmaSandawana have won the PSL a record seven times, but their performance on the continental stage has been far from convincing. The Pretoria based club came close to lifting the continental title in 2001 when they finished as runner ups, after losing 4-1 to the most successful African team in the competition, Egyptian giants Al-Ahly who have won the trophy a record eight times (runner-ups twice).

Motsepe is receiving all the love and respect on social media for investing in Sundowns and his remarkable gesture.


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