How much was Bidvest Wits sold for?

How much was Bidvest Wits sold 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.

What happened to Bidvest Wits FC?

Formerly known as Bidvest Wits, the club was set to celebrate its centenary in 2021, but the Clever Boys opted to sell their status to Tshakhuma Tsha Madzivhandila (TTM) in 2020. TTM then renamed the club after acquiring Wits’ PSL status, leaving the Students’ future in limbo.

When was Bidvest Wits relegated?

Wits became a bottom-of-the-table club in the late-1990s through to the mid-2000s when they were relegated from the PSL. It was during Roger de Sa’s tenure – his first two seasons as a coach – that Wits finished third and fourth, in 2003 and 2004, respectively.

Which team bought wits status?

Ex-Bidvest Wits CEO Ferreira on why he club was sold to Tshakhuma Tsha Madzivhandila. Ex-Bidvest Wits CEO Jose Ferreira has opened up on why the club was sold to Tshakhuma Tsha Madzivhandila (TTM) as they will not exist in the 2020/21 season.

Who is the owner of Wits University 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.

How old is Wits FC?

Established in 1967, the Wits Internal Football League (WIFL) is the oldest and largest student football league at higher education level, presently made up of 48 teams formed by societies, faculties, residences and friends.

Was Sundowns relegated?

Sundowns was relegated to the second division of the National Professional Soccer League in 1980.

How old is Bidvest Wits?

The Johannesburg-based club was formed in 1921. The name is set to revert to the 99-year-old original Wits University Soccer Stadium following the completion of Wits’ shock and untimely sale of its PSL Premiership status to Limpopo-based Tshakhuma Tsha Madzivhandila (TTM) at the end of the current season.

Who owns Wits FC?

Who owns Wits?

The University of the Witwatersrand is home to the Wits Institute of Social and Economic Research (WiSER), founded in 2001 by Deborah Posel.

Does Wits have a soccer team?

The Wits University Football Club (WUFC) was established in 1921 and is still going strong as the club celebrates its centenary this year.

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/).

How old is Simon malatjie?

Siblings Simon (49) and Jonas Malatji (44) are part of a new wave of fresh-faced professional club-owners to have emerged in local football, thanks to the rising trend of club status-buying in the PSL.

Who was the owner of Wits?

Is Wits football club sold?