Thanda sale is ‘news’ to the PSL

The Star Early Edition - - SPORT - MAZOLA MOLEFE

WHILE Thanda Royal Zulu might have agreed a sale of their top flight fran­chise to the AmaZulu own­ers, the league has yet to re­ceive of­fi­cial no­tice of the agree­ment.

Word is that cash-strapped Thanda ac­cepted an of­fer of R55 mil­lion from AmaZulu, the Dur­ban First Di­vi­sion club owned by sugar baron Pa­trick Sokhela.

Thanda last month won the NFD to earn au­to­matic pro­mo­tion, while AmaZulu failed to bounce back to the elite league at their sec­ond at­tempt.

Premier Soc­cer League spokesman Lux­olo Septem­ber said the gov­ern­ing body had not re­ceived no­tice about Thanda’s in­ten­tion to sell.

How­ever, all such trans­ac­tions had to go via the PSL, said Septem­ber.

“The fi­nal de­ci­sion rests with the league, but we have not re­ceived any­thing about this deal.”

It’s not the first time Usuthu have at­tempted to buy their way back into the top di­vi­sion. They tried it the pre­vi­ous cam­paign, im­me­di­ately af­ter they were rel­e­gated, but fail­ure to com­ply with cer­tain reg­u­la­tions saw the col­lapse of the deal to pur­chase Mpumalanga Black Aces.

This time they would have been more pre­pared and aware of all the reg­u­la­tions. Ac­cord­ing to Septem­ber some of the sub­mis­sions that must be made re­late to the pur­chase agree­ment, em­ploy­ment con­tracts, liq­uid­ity, and abil­ity to fi­nance the club go­ing for­ward.

The in­tended sale of the Richards Bay fran­chise has re­port­edly dis­ap­pointed the Umh­lathuze mu­nic­i­pal­ity, who sup­ported the club fi­nan­cially and lo­gis­ti­cally with sta­dium ren­o­va­tions. How­ever, Thanda chair­man Pierre Del­vaux high­lighted the club’s plight at the end of the sea­son when he said they had op­er­ated at a loss for sev­eral years.

The lack of a ma­jor spon­sor would see the club fall deeper into debt, he said shortly af­ter Thanda were pre­sented with their cham­pi­onship tro­phy.

Del­vaux was un­avail­able to con­firm when the sale agree­ment would be pre­sented to the PSL, while AmaZulu gen­eral man­ager Lunga Sokhela was out of the coun­try.

Should the deal be ap­proved by the PSL then AmaZulu would have to re­vamp their squad to meet the de­mands of the Absa Pre­mier­ship.

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