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Shauwn Mkhize And Royal AM Successfully Purchase Bloemfontein Celtic!

Shauwn Mkhize And Royal AM Successfully Purchase Bloemfontein Celtic! The NFD based outfit will get their desired opportunity to play in the DSTV Premiership.

Shauwn Mkhize And Royal AM Successfully Purchase Bloemfontein Celtic! The NFD based outfit will get their desired opportunity to play in the DSTV Premiership.

Royal AM has successfully bought the PSL status of Free State club Bloemfontein Celtic. This was confirmed by the association this morning.

The shock sale of Phunya Sele Sele comes just a few days before the league campaign starts. This is especially as Royal AM had the opportunity to qualify by playing in the playoffs.

Shauwn Mkhize And Royal AM Successfully Purchase Bloemfontein Celtic!

“There is a matter of transactions. It is a matter that has its own history, it almost took the executive three days of deliberation,” Dr Irvin Khoza said.

“The main point is that the transition must be seamless, because there are a lot of stakeholders affected by this transition.

“There is a very important issue that we discussed, the future financial stability (of the club). The future financial stability is a matter that faces us every day in football.

Shauwn Mkhize And Royal AM Successfully Purchase Bloemfontein Celtic!

“We want to protect the history of a club, but the issue of sustainability is a problem. Regardless of our discomfort when we deal with transitions sometimes, we must make sure we are doing the right thing.

“We must consider two things, the issue of the insolvency of the club, the risk of insolvency. If somebody says, ‘I cannot afford.’ What do you do?

“As a league we have an obligation that the league must start with 16 teams, we’ve got commitments with sponsors, tv, etc. We don’t have too many in our football with deep pockets.” He concluded.

Shauwn Mkhize And Royal AM Successfully Purchase Bloemfontein Celtic!

The purchase of Siwelele was followed by Tshakhuma Tsha Madzivhandila purchasing the GladAfrica Championship status of Royal AM.

In the interim, Phunya Sele Sele will now move to Kwa-Zulu Natal. Shauwn Mkhize And Royal AM Successfully Purchase Bloemfontein Celtic!

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