Register Login Live


The Rule That Could See A Snag In The Wits Purchase

The Siya crew recently reported that the potential buyers of one of the country's oldest clubs have made huge strides in their pursuit, but a league rule would make purchasing the club difficult.

Read:Could Speedy Gabuza Face Jail Time?

It is understood TTM owner Masala Mulaudzi has made a deposit of around R10-million to Wits, to all but secure the deal of the Braamfontein outfit.

The latest is that Mulaudzi’s pursuit of the 2017 Absa Premiership champions could hit a snag thanks to clause 14.4 of the NSL handbook, which states:

“No person or entity may, directly or indirectly, acquire an interest or shareholding in a Member Club or a right to become a member of the League if he or it has, directly or indirectly, held an interest or shareholding in another club falling under the jurisdiction of the League in the twelve (12) month period preceding the transaction”

Having still been in ownership of TTM's GladAfrica Championship status in the 2019/20 campaign, Mulaudzi falls under the jurisdiction of the league and by law would not be able to purchase the club.

Previously John Comitis purchased the now-defunct Mpumalanga Black Aces in 2016, however the sale did not form part of the clause as the former Ajax Cape Town boss severed ties with the club in 2013 and was not an active owner of a club at the time of purchase.

Read: Then And Now: How Gabuza’s SSU Career Compares To His Time At Pirates

How Much A PSL Status Is Worth…

Who Should Buy Celtic?

Club Takeover? COO Sets The Record Straight

Wits Issue Hands-Off Warning Over Key Player


Top 5

Khune’s Absence From Chiefs Squad Explained!

51 Aug 13, 2020 08:41 AM in Kaizer Chiefs

11 South African-born Players Who Represented Other Countries

26 Jul 11, 2020 08:01 PM in African Football

Pirates’ Interest In Jamaican International Confirmed

12 Aug 13, 2020 09:26 AM in Orlando Pirates

10 Footballers Who Were Rich Before Football

13 Jul 24, 2020 07:16 PM in International

A Chiefs Deal That’s Hit A Snag…

17 Aug 13, 2020 11:39 AM in Kaizer Chiefs

Boost For Chiefs’ FIFA Ban Cause…

29 Aug 09, 2020 11:00 AM in Kaizer Chiefs

Report: Zidane Transfer-Lists 9 Players

4 Aug 11, 2020 06:30 PM in Real Madrid

Official: Real Madrid Confirm Another Exit

3 Aug 10, 2020 05:15 PM in Real Madrid

Manyama, Tinkler And Claasen All Scoop Awards

17 Aug 10, 2020 10:35 AM in PSL

All UCL Quarter-Finals Confirmed

14 Aug 08, 2020 11:24 PM in UEFA Champions League

11 Footballers Who Went Broke

33 Jun 10, 2020 07:15 PM in World News

No Goals In 4 Matches – Pirates Coach’s Promise…

7 Aug 12, 2020 04:47 PM in Orlando Pirates

The 10 Richest Footballers In The World

11 May 20, 2020 08:32 PM in Messi/Ronaldo/Neymar Watch