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Celtic CEO denies plans to leave cash-strapped club

Khumbulani Konco
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Bloemfontein Celtic Chief Executive Officer Khumbulani Konco has denied that he is leaving the cash-strapped PSL club. Konco is rumoured to be on his way to SuperSport United.

This happens at the time when Celtic is battling to keep its head above water due to mounting debt of more than R60 million.

The dire financial situation in the club has on several occasions prompted players to embark on a strike, but Konco is adamant that he’s going nowhere.

“That’s just rumours … whoever spreading that rumour knows that I love Patrick Tignyemb too much that is why he’s linking me with Patrick and a move to the club you are mentioning. But Khumbulani is part of Bloemfontein Celitc. He’s always been part of Bloemfontein Celtic. The window period unfortunately doesn’t affect me, but I’m still part of Bloemfontein Celtic and I’m talking to you on behalf of Celtic and I can guarantee you, tomorrow, our next follow-up meeting, we’ll still be talking about Bloemfontein Celtic.”

Free State Director-General Kopung Ralikontsane says they remain committed to resolving the crisis at the debt-ridden Celtic.

Celtic supporters have called on government to intervene, accusing club Chairperson Max Tshabalala of poor leadership and unethical business practices.

Ralikontsane says they have been in negotiations with the three potential buyers in Bloemfontein, but Tshabalala’s failure to disclose financial records has been a stumbling block. He says they have already given the cash-strapped club R1.2 million of the agreed R2.5 million.

Ralikontsane says they’ve also engaged Sars to ensure that the club deals with its tax issues and remains in Bloemfontein.

“We have been engaging the South African Tax Revenue to have an understanding of what is outstanding from the owner of Celtic in terms of the costs. And we’ve also been engaging both parties and you’d know that the first party that had almost struck the deal did indicate that when it came to due diligence, the other party was not very co-operative and the deal fell off. So, we are resuscitating those processes.”

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