Andile Mpisane & Shauwn Mkhize during the 3rd DSTV Mzansi Viewers Choice Awards at the Ticketpro Dome on March 14, 2020 in Johannesburg, South Africa. The DStv Mzansi Viewers’ Choice Awards is a South African award show that honours the year’s biggest achievements in television, radio, music, sports, and comedy, voted by viewers living in South Africa. Photo: Oupa Bopape/Gallo Images/Getty Images.
Bloemfontein Celtic SOLD, but what will their new name be?
Bloemfontein Celtic have reportedly sold their PSL status to Shauwn Mkhize for a fee believed to be in the region of R50 million.
Andile Mpisane & Shauwn Mkhize during the 3rd DSTV Mzansi Viewers Choice Awards at the Ticketpro Dome on March 14, 2020 in Johannesburg, South Africa. The DStv Mzansi Viewers’ Choice Awards is a South African award show that honours the year’s biggest achievements in television, radio, music, sports, and comedy, voted by viewers living in South Africa. Photo: Oupa Bopape/Gallo Images/Getty Images.
Bloemfontein Celtic have sold their PSL status to businesswoman and reality TV star Shauwn Mkhize for a fee believed to be in the region of R50 million.
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This is according to a letter seen by TimesLIVE, which was sent to both clubs in question by the PSL.
Phunya Sele Sele’s financial struggles have been well documented while Royal AM have been looking for a way into the top-flight after failing to honour their promotion-relegation playoff fixtures.
As such, the two clubs have come to an agreement, which has seemingly been ratified by the governing body.
TimesLIVE published an excerpt from the letter sent to both clubs, which read: “The application to approve the transfer of the football club known until now as Bloemfontein Celtic Football Club from the seller to the acquirer, [and the related approvals in respect of a name change (to Royal AM FC) and relocation (to Chatsworth Stadium)] served before the executive committee today.
“The executive committee considered the application and supporting documentation against the requirements of article 14 of the NSL Handbook.
“The transfer has been approved on the basis sought…”
Bloemfontein Celtic were founded by Norman Mathobisa and Victor Mahatane in 1969.
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The news of MamKhize successfully purchasing Bloemfontein Celtic doesn’t come as a shock at all after reports of her intentions to do so emerged on Friday.
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MaMkhize has already sold Royal AM’s GladAfrica Championship status to Tshakhuma Tsha Madzivhandila (TTM) with the club already relocating to Thohoyandou.
Bloemfontein Celtic will relocate to KwaZulu-Natal ahead of the start of the new DStv Premiership season next week.
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The PSL is set to make an official announcement on the ongoing changes in due course.
Bloemfontein Celtic are due to play Swallows away from home in their opening DStv Premiership clash of the season on Sunday, 22 August at 15:00.
Below, a leaked approval of Bloemfontein Celtic’s sale to MaMkhize:
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