Tshakhuma Tsha Madzivhandila have confirmed the purchase of the PSL status of Bidvest Wits.
The GladAfrica Championship club announced the news via their official Twitter account on Saturday evening.
Rumors abounded for weeks that the club would be sold, with TTM chairman Lawrence Mulaudzi now clarifying the details of the deal which will move the club to Limpopo.
‘We cannot disclose the price but the sale has been concluded, including all players,’ Mulaudzi told KickOff.com.
‘There’s no truth in the KZN businesswoman. I don’t have any partner in KZN. This was bought by TTM without anyone, so I solely own the club now.’
The reported deal will still need to be approved by the PSL executive committee before official completion, but the club have already taken to social media to promote the new deal.
It is official
We are officially a PSL team
Tshakhuma Tsha Madzivhandila Football Club has completed the sale of Bidvest Wits with all its players pic.twitter.com/JWmwkdYGC1
— TTM-FC Official Page (@TTM_Original) June 13, 2020
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 pic.twitter.com/4r9y3j0Yq8
— TTM-FC Official Page (@TTM_Original) June 13, 2020
Just to clarify
We have bought status from Bidvest Wits NOT Wits University
Bidvest Wits FC Tshakhuma Tsha Madzivhandila FC
— TTM-FC Official Page (@TTM_Original) June 13, 2020
