AmaZulu FC now have a new owner after Dr Patrick Sokhela, owner and chairman of AmaZulu Football Club (F.C.) entered into an agreement with the Zungu Investment Company (ZICO) in which ZICO acquired 100% ownership.
Dr Patrick Sokhela expressing and declaring himself as being “tired now!!”@AmaZuluFootball pic.twitter.com/yUXY4oswPZ
— robertmarawa (@robertmarawa) October 2, 2020
The acquisition will be effective upon the approval by the Premier Soccer League (PSL) and other pertinent authorities and constituencies.
AmaZulu FC – live via https://t.co/Ir4QYZ78Mk https://t.co/xQ7v9VoQ89
— AmaZulu FC (@AmaZuluFootball) October 2, 2020
AmaZulu is the oldest team in the DSTV Premier Soccer League with a proud history that spans over 88-years.
Dr Sokhela, chairman and outgoing owner of the club, stated to media at press briefing held at the Hilton Hotel Durban on Friday that it was time to hand over the reins following an over decade long tenure as owner.
Sandile Zungu is the founder and chairman of ZICO.
Born and bred in Umlazi in an Usuthu supporting household. Sandile recognizes the values of keeping this club seeped in rich tradition and history in the province of KwaZulu-Natal.
In addressing a question around whether there will be changes in @AmaZuluFootball
The President of the Club Sandile Zungu…. #AmazuluFC pic.twitter.com/fkyoWxDWXV
— robertmarawa (@robertmarawa) October 2, 2020
Zungu expressed gratitude towards Dr. Sokhela, the players, technical and administrative teams, and sponsors that have led and contributed to the growth and success of AmaZulu to date.
BREAKING NEWS:
And here he is….The new 100% owner of @AmaZuluFootball…. Mr Sandile Zungu…
“If we have not made the top four next season, we would have failed!!”~SZ.#marawamoments pic.twitter.com/RnSNNey6A2
— robertmarawa (@robertmarawa) October 2, 2020
