News Article  | PSL

Dikwena Confirm Sale Of Club

Platinum Stars Confirm Sale Of Club

By Soccer Laduma - Jan 31, 2018 06:55 PM

Platinum Stars have confirmed that the club has been sold with immediate effect.

Read: Stars Secure Another Signing

A statement from Stars read,"It is with mixed feelings that we announce the sale and transfer of ownership of Platinum Stars Football Club (“the Club”) with immediate effect. The decision to sell the Club was not taken lightly and is one of the most difficult decisions that we have made in a long time. The Club has been part of the Royal Bafokeng Nation for the past 10 years. Through the Club, we have managed to create development and employment opportunities for youngsters and other members of the Royal Bafokeng Nation.

"We have managed to provide entertainment at the highest level of South African football in the North-West Province and South Africa in general. The Club also managed to collect silverware and carry our pride across Africa during its Confederation of African Football (“CAF”) Confederation Cup campaign.

"However, due to the ever-increasing socio-economic challenges and competition in top flight football, keeping the Club afloat and competitive has not been easy. To ensure that the legacy of the Club continues, we decided to sell the Club and give an opportunity to new owners with different expertise, new ideas and energy to take the Club forward.

"We are confident that the new owners of the Club have the necessary expertise, passion for football and business acumen to continue from where we left. We have no doubt that they will rejuvenate the Club and take it to greater heights.

"We would like to thank all the members of the Royal Bafokeng Nation and the loyal supporters of the Club for their never-ending support over the years. They have remained committed to the Club through the good and bad times. We will cherish this support forever. We urge all of you to continue supporting your team and give the same support to the new owners of the Club in the same manner you have supported us. We also extend our gratitude to all the sponsors and partners who have teamed up with us over the years. Finally, we are happy to announce that the new owners have decided to keep the Club in Phokeng and make Royal Bafokeng Sports Palace its home ground."


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Ben_Stokes_101 Joined: 18 Jan 2016
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Ben_Stokes_101 Feb 02, 2018 07:16 AM
URoger Dli Sa... Is a clever monkey... He had put Platinum Stars on verge of relegation and now decides to buy the club.... Amazandla!!!!
Daniel Madenza Kutumela Joined: 26 Feb 2015
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Daniel Madenza Kutumela Feb 02, 2018 06:36 AM
Thanks BUCS for heating harder.
115045259 Joined: 14 Jul 2015
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115045259 Feb 01, 2018 08:49 PM
O raet
EagleEye Joined: 06 Nov 2014
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EagleEye Feb 01, 2018 02:43 PM
I hope the players will pull up their socks now.
Default Joined: 28 Aug 2017
No badges available Feb 01, 2018 10:24 AM
Bush bucks must buy this club
PeddieBoy Joined: 25 Jul 2014
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PeddieBoy Feb 01, 2018 08:22 AM
I had a big hope that the team is coming to Cape Town, now is gonna remain in nort west I don't mind it can be relegated together with amazulu and Stellenboch and bush bucks must come to Psl
StevovoEskalen Joined: 25 Jan 2018
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StevovoEskalen Feb 01, 2018 08:15 AM
Stars are #Captured, ikikikikikikikikiki
Muscular_Tall18 Joined: 26 Mar 2015
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Muscular_Tall18 Feb 01, 2018 07:04 AM
Swallows must buy this team
Mpolamolele Joined: 31 Jan 2018
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Mpolamolele Jan 31, 2018 11:33 PM
Thank you new owner,pls take it to Limpopo,northwest ppl do not support soccer..even ppl u see there are from kzn and Limpopo working in the mines....moreover,dnt cry ppl of northwest..he hu lough last lough longest...this team is from Limpopo...we felt the same pain when u take it
Mpolamolele Joined: 31 Jan 2018
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Mpolamolele Jan 31, 2018 11:24 PM
U lazy to dig deep...who bought it
DannyDee Joined: 03 Jun 2017
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DannyDee Jan 31, 2018 10:56 PM
Who bought it?
TUMI-555 Joined: 30 May 2012
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TUMI-555 Jan 31, 2018 10:27 PM
All this Chippas (Spaza shops) nd Capetowns (toothless) not forgeting Amazulu (Gupta's) JZ corrupt teams must get out of PSL they useless only Gauten n Limpopo teams nd we wil get back to dominate Africa as Bfn Bfn
TUMI-555 Joined: 30 May 2012
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TUMI-555 Jan 31, 2018 10:24 PM
This is Silver Stars that used to be in Limpopo, atleast we managed to bring another team in the leaque from Polokwane.... we now have Baroka hopefully black leopard can come back nd Dynamos... soon Psl wil be dominated my Limpopo teams.....( Platinum is bought back to Limpopo ) interesting
ati_njombela Joined: 15 May 2015
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ati_njombela Jan 31, 2018 10:12 PM
Silver Stars goodbye
clemz7 Joined: 29 Dec 2013
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clemz7 Jan 31, 2018 10:11 PM
Is already bought
Fifi.Siwelele plus Anfield Joined: 30 Dec 2016
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Fifi.Siwelele plus Anfield Jan 31, 2018 10:03 PM
So Platinum is now under the GUPTAS?
ndleleni_89 Joined: 27 Nov 2013
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ndleleni_89 Jan 31, 2018 09:47 PM
Phikza Joined: 20 Oct 2013
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Phikza Jan 31, 2018 09:09 PM
That's bad news...
Kgandashisa the King Joined: 23 Jul 2017
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Kgandashisa the King Jan 31, 2018 08:36 PM
KingStina Joined: 02 Jan 2015
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KingStina Jan 31, 2018 07:42 PM
It would be wise if there was clause in the deal, which says they have to first pay a certain amount and the other amount must be paid if the team avoid relagation.

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