How much was Bidvest Wits sold for?

How much was Bidvest Wits sold for?

BIDVEST WITS football Club has been SOLD! Tshakhuma Tsha Madzivhandila have confirmed their purchase of the Braamfontein-based club. TTM owner Masala Mulaudzi sold the club’s GladAfrica Championship status to unknown investors for R10 million.

What happened to Bidvest Wits?

The trading and distribution company’s CEO and chairman, Alan Fainman, confirmed the sale of the senior men’s professional football club, in which Wits previously held a 40 per cent stake while Bidvest owned the lion’s share of 60 per cent.

What is Bidvest Wits called now?

Ex-Bidvest Wits CEO Jose Ferreira has opened up on why the club was sold to Tshakhuma Tsha Madzivhandila (TTM) as they will not exist in the 2020/21 season.

Who bought Bidvest Wits?

TSHAKHUMA Tsha Madzivhandila FC logo. In an unprecedented move, Bidvest Wits, one of the oldest PSL clubs in the South Africa’s top flight league, has been sold to to a Limpopo businessman Lawrence Mulaudzi .

Is Wits a private university?

The University of the Witwatersrand, Johannesburg (/vətˈvɑːtəsrɑːnt/), is a multi-campus South African public research university situated in the northern areas of central Johannesburg. It is more commonly known as Wits University or Wits (/vəts/ or /viːts/).

How old is Wits FC?

Established in 1967, the Wits Internal Football League (WIFL) is the oldest and largest student football league at higher education level, presently made up of 48 teams formed by societies, faculties, residences and friends.

What happened to Wits Soccer club?

Formerly known as Bidvest Wits, the club was set to celebrate its centenary in 2021, but the Clever Boys opted to sell their status to Tshakhuma Tsha Madzivhandila (TTM) in 2020. TTM then renamed the club after acquiring Wits’ PSL status, leaving the Students’ future in limbo.

How old is Bidvest Wits?

The Johannesburg-based club was formed in 1921. The name is set to revert to the 99-year-old original Wits University Soccer Stadium following the completion of Wits’ shock and untimely sale of its PSL Premiership status to Limpopo-based Tshakhuma Tsha Madzivhandila (TTM) at the end of the current season.

How old is Wits football club?

Who owns Tshakhuma Tsha Madzivhandila?

Lawrence Mulaudzi
Tshakhuma Tsha Madzivhandila F.C.

Full name Tshakhuma Tsha Madzivhandila Football Club
Capacity 40,000
Owner Lawrence Mulaudzi
Coach Mpho Maleka and David Mathebula
League National First Division

How old is Simon Malatji?

Siblings Simon (49) and Jonas Malatji (44) are part of a new wave of fresh-faced professional club-owners to have emerged in local football, thanks to the rising trend of club status-buying in the PSL.