Who owns Bidvest Wits FC?
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.
Why did Bidvest sell wits?
“The sale is a result of our shareholders, Bidvest decision to review their sports-related sponsorships and brings to an end a 15-year-long partnership. “Bidvest Wits Football Club still have nine PSL games remaining this season as well as the Nedbank Cup semi-final and a possible final.
How much does Bidvest Wits sell 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.
Did TTM buy wits?
Tshakhuma Tsha Madzivhandila FC (TTM) owner Lawrence Mulaudzi says reports on the sale of his club just five months since the purchase of the Premier Division franchise of Bidvest Wits have been completely misconstrued.
What is WITS new name?
This after Bidvest confirmed that it had reached an agreement for the sale of the club’s top-flight status to Tshakhuma Tsha Madzivhandila (TTM)….Bidvest Wits F.C.
Full name | Bidvest Wits Football Club |
---|---|
Nickname(s) | The Clever Boys, The Students |
Founded | 1921 |
Dissolved | 2020 |
Ground | Bidvest Stadium |
Who bought PSL status?
Under the leadership of Masala Mulaudzi, TTM bought the PSL status of cash-strapped Bidvest Wits last season. However, less than six months into top-flight football and struggling financially to uphold the club, Mulaudzi sold TTM to Dr Abram Sello.
Who is the owner of Tshakhuma TSHA Madzivhandila FC?
Lawrence Mulaudzi
Tshakhuma Tsha Madzivhandila F.C.
Full name | Tshakhuma Tsha Madzivhandila Football Club |
---|---|
Founded | 2015 |
Ground | Peter Mokaba Stadium |
Capacity | 40,000 |
Owner | 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/).
Who bought TTM status?
However, less than six months into top-flight football and struggling financially to uphold the club, Mulaudzi sold TTM to Dr Abram Sello.
Who buys Wits FC?
Tshakhuma Tsha Madzivhandila Football Club
Tshakhuma Tsha Madzivhandila Football Club has completed the sale of Bidvest Wits with all its players,” the club posted on its official Twitter page late on Saturday.
How many times has AmaZulu been relegated?
Sokhela Ownership (2005–2020) AmaZulu was relegated in the 2014–15 season. After a failure to be promoted in the 2016–17 season they rejoined the Premier Soccer League by purchasing the Thanda Royal Zulu’s Premier Soccer League Status.
What happened to TTM?
Tshakhuma Tsha Madzivhandila (TTM) as a club is no more. TTM ceased to exist the moment the referee blew the final whistle last Saturday in their final match of the season – against Orlando Pirates. Kaizer Chiefs goalkeeper Bruce Bvuma has just proved that a month can be a long time in football.
Where is Bidvest Wits football club located in South Africa?
Bidvest Wits Football Club, previously known as Wits University F.C. is a South African football club based in the Braamfontein suburb of the city of Johannesburg that plays in the Premier Soccer League. It is nicknamed “The Clever Boys” or “The Students” because of the close affiliation with the University of the Witwatersrand.
Who is the new owner of Bidvest Wits?
Tshakhuma Tsha Madzivhandila (TTM) has announced the purchase of the PSL status of Bidvest Wits. The National First Division (NFD) side broke the news on their social media platform on Saturday afternoon. According to the club, the status of the club came as a package with Wits players also under the new ownership.
Who are the owners of wits football club?
Wits, a club that won the Premiership title in the 2016/17 season, sold its status to the owners of National First Division outfit Tshakuma Tsha Madzivhandila. Founded in 1921, Wits was expected to celebrate its 100th anniversary next year but now the club has ceased to exist.
Who was the coach of Bidvest Wits in 1995?
They won two trophies, the BP Top 8 and the Coca-Cola Cup in 1995 under coach John Lathan. But a year later they dropped dangerously close to being relegated from the newly formed Premier Soccer League – only surviving thanks to a spirited win on the final day of the season against Jomo Cosmos .