Here’s How Much Platinum Stars Was Sold For! After 10 years as part of the Royal Bafokeng Nation, the club was recently handed over to new owners, Johannesburg-based Rawat Petroleum.
So how much did the club get sold for therefore it’s networth? Platinum Stars was sold for R22‚5 million‚ the club revealed on Thursday.
Platinum Stars coach Roger De Sa has confirmed speculation surrounding his involvement in the sale of the Club. He says the new club owners Rawaton Petroleum asked him to partner with them.
Emotional community leaders who attended the briefing alleged that there had been a rival offer of R33 million by a Phokeng businessman‚ Thabo Mokgatle‚ where Stars are based.
However‚ Royal Bafokeng representative Kgosana Rapetsana denied any knowledge of such a bid.
Platinum Stars us currently on the bottom of the PSL Log.