The sale will include all of Wits' current squad, some of whom have been rumoured to be offered to . One of SA's oldest football clubs, Bidvest Wits, are set to change ownership and relocate to Limpopo when a prospective purchase is completed. Wits confirm sale to TTM as Bidvest Group ends 15-year ... "Wits has sold its shares in the football club to Bidvest, our partner of close to 15 years, the proceeds of which will be . STATEMENT:Wits University had nothing to do with the sale of the Bidvest Wits Football Club.Wits sold its shares in the football club to Bidvest,our partner of close to 15 years.The proceeds . Tshakhuma Tsha Madzivhandila owner Mulaudzi set to buy ... Bidvest Wits' finances: Where there's smoke, there's fire. TTM are fourth in the GladAfrica Championship with six . Find your dream car at McCarthy.co.za! Employees of . Premiership . Ex-Bidvest Wits CEO Jose Ferreira has opened up on why the club was sold to Tshakhuma Tsha Madzivhandila (TTM) as they will not exist in the 2020/21 season. In an unprecedented move, Bidvest Wits, one of the oldest PSL clubs in the South Africa's top flight league, has been sold to to a Limpopo . Mulaudzi said he was rather 'offered' the oldest football club in the country and is understood to have paid a sum . The net worth of Bidvest Wits Football Club stands at $7.4 million. The club is estimated to be worth around $11 million dollars making them the richest club in South Africa. LEGENDARY actor Vusi Kunene, who plays Jack Mabaso on Generations: The Legacy, is finally leaving the show. Simply search our database of New and Used Vehicles to find the vehicle that you are looking for. Bidvest Wits have agreed to sell their PSL status, according to Tshakhuma Tsha Madzivhandila. Yes, one of the oldest clubs in South African football, Bidvest Wits, are allegedly bankrupt and might be under new ownership in the coming months. His last appearance on Mzansi's second most-watched television show will be tonight, 12 May. Ferreira says money alone was not . Jun 16, 2020 - 03:58 pm By Sipho Mlotha. TSHAKHUMA Tsha Madzivhandila FC logo. Kaizer Chiefs. Bidvest Wits were due to next 100 years old next season. Bidvest owns 60% of the club and Wits University owns the rest. "It is official. So much so that Mulaudzi confirmed on Phalaphala FM earlier this week he has already sold his team's NFD status for R10 million to fund their PSL project - the buyers are yet to be made public. Bidvest Wits on brink of being sold. It joined the South African National League in 1975 after making a recording of producing some of the country's top players. This follows reports that Bidvest is financially . Bidvest Wits sold to TTM . 2. The Sunday Times . TTM owner details intricacies of Bidvest Wits 'sale' Phakaaathi Reporter. New & Used Cars from Bidvest McCarthy, your one-stop Bidvest McCarthy Dealership where Peace of Mind Motoring is our guarantee. Bidvest Wits is a gift because I didn't want to buy - new owner Mulaudzi. If the sale is confirmed and goes through, Bidvest Wits will be the second top flight club to go defunct in the last month after Bloemfontein Celtic sold their spot in the PSL to Nedbank Cup . Bidvest Wits, the 2016/17 Premier Soccer League (PSL) champions, have sold their top-flight status, according to new owners Tshakhuma Tsha Madzivhandila Football Club. The oldest club competing in . His departure comes five years after he returned to revive his villainous character. Call us on 0860 22 33 44. Tshakhuma Tsha Madzivhandila have confirmed their purchase of the Braamfontein-based club. It's official - Bidwest Wits sold to Mulaudzi It's not a speculation anymore, but a reality. The GladAfrica Championship club tweeted on their official account that the deal is done, and this . Bidvest Wits is the only soccer club in SA that has a . Phakaaathi Reporter. BIDVEST WITS football Club has been SOLD! Bidvest owns 60% of the club and Wits University owns the rest. DURBAN - Tshakhuma Tsha Madzivhandila will be campaigning in the top flight next season after the Premier Soccer League (PSL) approved the sale of Bidvest Wits. GladAfrica Championship side Tshakhuma Tsha Madzivhandila have confirmed that they have completed the sale of Bidvest Wits. Bidvest Wits have finally confirmed an agreement for the sale of the club and explained their decision to do so, while also highlighting that this has yet to be ratified by the PSL Exco. A statement read: "Wits University has not had anything to do with the sale of Bidvest Wits Football Club." "Wits has sold its shares in the football club to Bidvest, our partner of close to . Kaizer Chiefs is a Premier Soccer League club which was formed in 1970, by a man named Kaizer Motaung who returned from the USA and founded the football club. The Students were never on sale and was handed on a silver platter to the Limpopo-based businessman by their management . In 2006, Bidvest only sponsored the club but later bought a majority share. Chief explains why Bidvest sold Wits. 3. Angry Wits employees shocked after 99-year-old club's sale: 'we were the last to know'. His salary is R950,000. TTM owner Masala Mulaudzi sold the club's GladAfrica Championship status to unknown investors for R10 million. This list of 10 highest paid soccer players in South Africa ABSA PSL 2021 highlights how lucrative soccer is. Supersport United - $7.9 million The details also depict why there is so much competition among the teams. The much talked about sale agreement between Bidvest Wits Football Club and the former president of Tshakhuma Tsha Madzivhandila (TTM) FC, Mr Masala Mulaudzi, was finally concluded on . Lehlohonolo Majoro of Wits celebrates a goal during the 2019-20 PSL season. Bidvest Wits management team in a huddle during the 2016/17 Absa Premiership winning season. Actor Vusi Kunene who plays Jack Mabaso. Bidvest Wits sell PSL status to first division outfit. Wits University, meanwhile, confirmed all their shares in the club had been sold to Bidvest. Photo: Sydney Mahlangu/ BackpagePix. Bidvest Wits was formed in 1921 by the Students' Representative Council of the University of Witwatersrand. They are placed sth on the PSL log with nine games to go in the 2019/20 season. 14th Jun 2020. "Wits University has not had anything to do with the sale of Bidvest Wits Football Club," a Wits statement to the press read. The club sold their PSL status to . Wits were due to celebrate their 100th anniversary next season having been founded in 1921, but instead, will cease to exist. Currently, Samir Nurkovic is the highest-paid player in the club. Please enquire about stock availability before placing your order, Pricing will be discounted for resellers and bulk purchases.100% polyesterribbed collar, cuff and hemzip at neckset-in sleevesDue to the nature of this fabric,
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