Register Login Scores

PSL

Sukazi Takes Major Step In PSL Ambitions

TS Galaxy owner Tim Sukazi has made inroads in his quest to purchase the top flight status of a PSL club, the Siya crew has learnt.

In June, Sukazi, the owner and chairman of the GladAfrica Championship club, had his interest in Bloemfontein Celt­ic’s top-flight status rebuffed after the club received financial backing from Bloemfontein-born business­man Lebogang Mokoena.

Read:Why Wits May Be Forced To Let Pelembe Go

However, that did not deter Su­kazi from his desire to own a status in SA football's top tier. Following the rebuff, the Siya crew had been informed that Sukazi and Highlands had opened talks. At the time, the club de­nied that their Absa Premiership status was actively for sale, but the club’s co-director, Brad Kaftel, informed the Siya crew that they would be open to selling if the right offer came along.

Siya sources subsequently in­formed the crew that Highlands Park placed a price tag of around R55 million for the club’s PSL fran­chise, with the Tembisa-based outfit since confirming that they have re­ceived a mega offer, although they did not disclose the figure. 

The latest news reaching the crew, is that Sukazi and Highlands Park have agreed to a deal in principle for the sale of the club, pending the fi­nancial securities. This despite both parties having denied talks in the past.

Read: Former Chiefs Star On The Comeback Trail

Indications are that should the fi­nancial security be guaranteed, the proposal will be brought to the PSL, who will need to ratify the deal. It is believed that the club could be re­located to Mpumalanga, should the sale be completed.

Check Out These 8 Youngsters identified by Gavin Hunt For PSL Bio-Bubble.

 

Rakhale To Sign For Gauteng Club In Next Move?

Khune’s Message To The Chiefs Supporters

Former Chiefs Star Starts UEFA Coaching Journey

9 comments

Top 5

12 Players Who Went Bankrupt

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

Nedbank Cup Last 32 Fixtures Revealed

119 Jan 14, 2021 06:28 PM in Nedbank Cup

Official: 10 More Confirmed January Transfers

2 Jan 15, 2021 08:15 PM in International Transfers

Chiefs' Plans To Catch Downs

144 Jan 08, 2021 07:05 AM in Kaizer Chiefs

Official: 10 More Confirmed January Transfers

2 Jan 15, 2021 08:15 PM in International Transfers

‘Chiefs Genius’ Headlines Rama’s Dream Team

28 Jan 15, 2021 02:44 PM in Kaizer Chiefs

Pep Praises Brighton & Tau

7 Jan 15, 2021 10:31 AM in English Premier League

Young Guns Sends Chiefs Into Top Eight

242 Jan 16, 2021 06:54 PM in Kaizer Chiefs

Confirmed: Serero Lands New Contract

10 Jan 18, 2021 10:10 AM in Players Abroad

14 Footballers Who Have Degrees

28 Sep 16, 2020 08:30 PM in World News

Chiefs Explain Unpleasant Trip To Angola

56 Jan 07, 2021 09:14 AM in Kaizer Chiefs

11 Footballers Who Went Broke

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

Festival & Co Lauded As Unbeaten Swallows Prepare For Bucs

6 Jan 07, 2021 03:12 PM in Orlando Pirates