Agents discloses what Kaizer Chiefs offered for Asanele Velebayi before signing him for free

Former Bafana Bafana player Lance Davids, who is now a player agent, has lifted the lid on the figures involved in Asanele Velebayi’s failed move to Kaizer Chiefs before later joining the club for free.

Chiefs signed Velebayi without paying a fee ahead of this season but would have coughed up lots of millions had they agreed to Cape Town Spurs’ demands last year.

At the time, the Glamour Boys were seriously interested in the winger and submitted a bid for Spurs which was rejected as the club sought much more for their prized asset, despite their relegation from the PSL.

However, things changed for the worse for the Cape Town-based club as they also suffered relegation from the second tier, rendering all their players free agents, and Chiefs pounced, signing both Velebayi and teammate Luke Baartman for free.

What did Kaizer Chiefs initially offer for Velebayi?

Davids says Spurs would have made money from their key assets were it not for their desire for much more, which saw the deal offered to them by Chiefs collapse.

“The big teams have been wanting Asanele for two or three years,” Davids admitted on the Behind the Boot podcast.

LANCE DAVIDS- ASANELE VELEBAYI AGENT

Cape Town Spurs wanted R10m for Velebhayi

Kaizer Chiefs offered them [R4m] plus 4 players.

CT Spurs bosses rejected the offer. Kaizer Chiefs refused to improve the offer.

Now, Spurs are screwed. He left them for free.

That club is run in… pic.twitter.com/DuSSfIemMW

— Constitution First 🇿🇦 (@Constitution_94) November 12, 2025

“The clubs have the right to ask their price and evaluate their price and what they want for a player. Chiefs were interested. Always interested in Asanele and they offered the club four million plus four players.

“Cape Town rejected the deal. They said the player was worth R10 million. Okay, that was your valuation of the player and they said no.

Agent reveals Soweto giants’ difficulties in transfers  

“Chiefs did not want to push any further because they thought that the valuation of the player was not what they wanted to pay. I agree with Kaizer Chiefs.”

Davids admits Spurs’ stance that led to the collapse of the Velebayi deal in 2024 is not new as PSL teams from Cape Town have a tendency of inflating the price when the Soweto giants come calling.

“When Cape Town Spurs sell to Johannesburg sides, they go hard, they don’t go soft. They want Jo’burg teams to pay north of R10 million for every player,” he added. “Doesn’t matter if they played one match or 10 matches, they want them to pay 10 million.”