Moroka Swallows beneath new possession
Chumani Bambani | 2016-06-06 19:15:15.zero
Gauteng schooling MEC Panyaza Lesufi. File photograph.
Picture by: ALON SKUY
Gauteng Schooling MEC Panyaza Lesufi introduced on Monday that beleaguered Moroka Swallows at the moment are beneath new possession.
Talking on 083 Sports activities@6 with Robert Marawa on Monday night‚ Lesufi‚ who has a eager curiosity in South Africa’s oldest membership‚ confirmed that an SA consortium‚ which is to be named at a later stage‚ has acquired ninety two% of the membership’s shares whereas eight% shall be owned by different minority shareholders.
Lesufi added that the brand new house owners have been in negotiations to purchase a Premier Soccer League (PSL) membership to be able to return to topflight soccer after the embarrassment of being relegated to the third-tier league‚ the ABC Motsepe League‚ on the finish of the lately concluded season.
Simply two seasons in the past the Dube Birds have been enjoying within the PSL the place they have been relegated to the Nationwide First Division. Their troubles continued‚ on and off the sector‚ resulting in monetary troubles and ultimately relegation.
If the negotiations with the PSL golf equipment who’re contemplating the choice to promote are profitable‚ the Dube Birds might be again within the PSL as early as subsequent season‚ the place they will once more participate in Soweto derbies towards previous rivals Orlando Pirates and Kaizer Chiefs.