Safa is not bankrupt - Nematendani

Safa executives on Tuesday appeared before Parliament to explain its finances.

Safa President Kirsten Nematendani. Picture: EWN

CAPE TOWN - South African Football Association (Safa) President Kirsten Nematendani on Tuesday said there was no crisis within the football governing body despite the organisation being R92 million in the red.

Safa officials appeared before parliament's sports portfolio committee earlier to explain the organisation's financial situation.

Safa executives appeared calm and relaxed when grilled by sport portfolio committee members earlier.

Nematendani defended the body's financial situation saying the organisation was not bankrupt.

Using a PowerPoint presentation, Nematendani said Safa was merely in possession of assets that have depreciated over time.

However, some Members of Parliament (MPs) did not appear satisfied with Safa's explanation of its financial situation.

Committee member Graham McKenzie said a full investigation into Safa's finances should be conducted to uncover the truth.