The Premier Soccer League (PSL) has approved the sale of Bidvest Wits to Tshakhuma Tsha Madzhivhandila (TTM).

This comes after the league approved the sale of the Clever Boys Premiership status to the Limpopo-based outfit.

In a letter PSL legal counsel Michael Murphy informed Wits CEO Alan Fainman and both TTM and Black Gold Family Trust boss Lawrence Mulaudzi of the approval of the transaction.

‘Thank you for your assistance in this matter. I have received the confirmation required and you have the approval of the transfer of Bidvest Wits FC to the black Gold Family Trust,’ reads the letter.

Meanwhile, Tshakhuma Tsha Madzhivhandila tweeted: ‘Tshakhuma Tsha Madzivhandila Football Club has completed the sale of Bidvest Wits with all its players.

‘We have logged with the PSL for an official name change.

‘The name will change from Bidvest Wits to Tshakhuma Tsha Madzivhandila FC as of the beginning of the new season.

‘The team will play at Thohoyandou Stadium as their home ground next season.’