The Buccaneers boss has advised club owners, who are considering putting their teams on the block
Premier Soccer League (PSL) chairman Irvin Khoza says their hands are tied regarding the selling and buying of club statuses.
This comes after Bidvest Wits confirmed they have consented to sell their status to National First Division (NFD) club Tshakhuma Tsha Madzivhandila (TTM), pending PSL approval.
AmaZulu purchased the status of Thanda Royal Zulu, who had secured promotion to the PSL from the NFD in 2017, while Cape Town City bought Mpumalanga Black Aces in 2016.
This had not been the first time that AmaZulu had bought a top-flight status having done so in 2006 once they purchased Dynamos FC’s status.
Khoza explained that there’s nothing wrong with the trading that has been common in South Africa’s elite league over the years.
“We are all worried but it just isn’t about individual feelings. It is about what the constitution of the united states says,” Khoza told IOL.
“It covers free economic activity. If somebody sells [their company], you can’t stop that person.”
Once the PSL approves the offer, the new Wits owners will move the club to Limpopo Province and rename it, Tshakhuma Tsha Madzivhandila.
The Orlando Pirates chairman advised clubs to offer to people, who will maybe not relocate the club to a new location to ensure that its legacy can be maintained.
“If they arrived at apply to us, we verify whether you will find no takers where the status is residing. In the absence of buyers [in the area where the club is based], then there’s nothing we can do,” that he added.
“The highest bidder will prevail. But we encourage you should sell to someone where the status is residing so that you can maintain the legacy of the club.”
NFD side TS Galaxy recently confirmed they were buying Bloemfontein Celtic’s PSL status and relocate it to Mpumalanga Province.
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However, Celtic fans were relieved if the club’s management made it clear that they will maybe not sell the status to Galaxy.
“Unfortunately the economy is not the exact same and people don’t have that kind of money [to buy a PSL status],” Khoza added.
“That is a problem and that’s why folks are forced to offer it to whoever can be obtained.”