Register Login Scores


Not For Sale! But Top-Flight Club’s Multimillion Value Disclosed

For several weeks now, one of the Premier Soccer League clubs has denied its top-flight status is for sale, but it is now believed the value for such a possibility has been discussed.

Siya sources have informed the crew that Highlands Park are understood to have put a value of around R55-million for the club’s top-flight PSL status.

Read: FIFA Weighs In On PSL Restart Saga 

Rumours that the Lions of the North are eager to sell have been doing the rounds for some time now and there were even suggestions that Tim Sukazi, the owner and chairman of TS Galaxy in the lower division, had tabled an offer to purchase the club. 

Last month, his Highlands counterpart Brad Kaftel played down the speculation, telling the Siya crew that they’d not put up the for sale sign – yet!

“We aren’t actively looking to sell the club. We have not concluded any such sale. The reality is that in business one always has to be open to any situations that may present – that is normal business practices,” he said on June 13.

“We haven’t played football in three months and we are now seeing the effects of Covid-19 all around the world. All businesses are going be challenged significantly in the new world economy. We have loved every minute of running Highlands Park and our intention is to continue for many years to come.”

Read: Chiefs To Open Up Coaching Vacancy?

Since then, there have been suggestions that the club have placed a value on their status and will accept an amount in the region of R55-million. 

According to sources, no one is yet to table that kind of offer.

Check out how much PSL clubs have been sold for in the past 

Pirates Confirm The Sad Passing Of Dr Khoza's Wife

TTM Target PSL Coach

SAFA Lambasted For Delay In PSL Football Return


Top 5

Parker’s Foul-Mouth Rant At Nurkovic?

125 May 13, 2021 12:54 PM in Kaizer Chiefs

Real Madrid Transfer Talk: Seven Out, Eight In?

19 May 06, 2021 12:29 PM in LaLiga

Pitso Punished, Hands Ahly Players 24-Hour Rest

78 May 13, 2021 11:57 AM in Players Abroad

12 Players Mourinho Wants To Sign

4 May 07, 2021 12:21 PM in Serie A

Parker’s Foul-Mouth Rant At Nurkovic?

125 May 13, 2021 12:54 PM in Kaizer Chiefs

Khune To Step Aside?

35 May 16, 2021 08:59 AM in Kaizer Chiefs

CAF Announce Host City For Champions League Final

27 May 16, 2021 12:34 PM in African Football

Portuguese Defender Spotted At Naturena

45 May 15, 2021 08:27 AM in Kaizer Chiefs

Baxter Jets Out, Talks Ongoing

26 May 13, 2021 08:00 AM in Siyagobhoza

The Highest-Paid African Stars In The EPL

19 Feb 02, 2021 07:14 PM in English Premier League

Sundowns Most Valuable Left Backs Through The Years

13 May 13, 2021 04:18 PM in Mamelodi Sundowns

12 Players Who Went Bankrupt

23 Dec 07, 2020 12:34 PM in World News