Minister of Sports, Arts and Culture Nathi Mthethwa is concerned over club ownership changes in the Premier Soccer League. He reacted to the sale of DSTV Premiership outfit, Tshakhuma Tsha Madzivhandila Football Club earlier this week.
The status of the club was bought from the defunct Bidvest Wits Football club for R50 million months ago.
Businessman and medical doctor, Abraham Sello bought the club for R40 million this week.
Mthethwa’s Spokesperson, Masechaba Khumalo says the minister will be monitoring the situation with keen interest.
“Minister Nathi Mthethwa has expressed concern over the manner and frequency of the club ownership changes and of course, its impact on the development of the game of football and the welfare of players. In particular, he felt that while he fully appreciates the new investors coming into sports club ownership, it is both a growing global phenomenon and indeed welcome. Its impact on the welfare of the sport, its fans, players, and supporting staff can be devastating if not properly managed.”