The chairman of a club formerly in the DStv Premiership has reportedly emerged as the front-runner to buy Moroka Swallows.
As previously reported, the Dube Birds have been listening to the bids from several interested parties with the Soweto giants having set R40 million as their minimum asking price.
In spite of several difficulties, mainly prompted by their financial woes, Swallows held on and finished the 2023/24 season in a safe position.
They ended in 14th place, just above the Playoff spot two points above Richards Bay FC who are currently playing in the PSL Promotional Playoffs.
Led by the Chairman David Mogashoa, the current Swallows’ management is ready to let go of the club having been in charge since 2019 when they purchased the Maccabi FC’s Motsepe Foundation Championship status.
OWNER OF SECOND-TIER CLUB LEADING RACE FOR SWALLOWS FRANCHISE
According to FARPost, Marumo Gallants owner Abram Sello is currently leading the race to purchase the Dube Birds franchise.
The Limpopo-born pharmacist and businessman has reportedly offered around R45 million to persuade Mogashoa and his consortium to relinquish ownership.
The appearance of Sello’s name among the potential buyers comes as a surprise to many following reports that his current club Marumo Gallants were said to have gone broke.
Bahlabane Ba Ntwa ended the previous season in the 11th place on the standings of the second-tier.
Meanwhile, the owner of another former DStv Premiership club Tshakuma Tsha Madzivhandila Lawrence Mulaudzi is another name that’s surprisingly appearing as one of the strongest bidders.
HOW MUCH LAWRENCE MULAUDZI IS OFFERING?
Afrik-foot has exclusively gathered that he put R40 million on the table, leaving Sello as the favourite to acquire the status.
However, it appears the talks are still ongoing between the parties and the decision is yet to be made.
Mulaudzi is no stranger to South African football. He bought Milano United in 2017 which was his first professional club. And in what was a shocking move in 2020, he bought Bidvest Wits and sold the status to Marumo Gallants a year later.
In 2021, he bought Royal AM’s Championship status before his club was relegated to the ABC Motsepe League last season.
The report from FARPost also revealed that Cape Town Spurs enquired about Swallows’ sale. However, they have yet held talks with the Soweto-based side.
The Urban Warriors suffered relegation to the Motsepe Foundation Championship after finishing the season on the bottom of the table.
