Chiefs Lose Millions Due To The Departure Khune, Masango & Mashaimate
Yesterday Kaizer Chiefs confirmed the departure of their three best players being Itumeleng Khune, Mandla Masango and Tefu Mashamaite and with that Chiefs could lose around R21.77 million. All three will be leaving on free transfer. The club stands to loose huge amount of money for not having sold them before their contracts expired.
Here are the figures that the club could have lost if they had them on a full contract or in their last six months of their deal:
Itumeleng Khune
-Market Value on full contract R12.35 million
-Market Value on last six months R3.08 million
Mandla Masango
-Market Value on full contract R3.57 million
-Market Value on last six months R893 750
Tefu Mashamaite
– Market Value on full contract R5.85 million
-Market Value on last six months R1.46 million
As we look at the figures Chiefs could have saved R5.43 million. We are proud of the way Chiefs stood up to their players. We hope that they will smart about picking the new team members to join the team.
