Home Masumbwi Ajax Cape Town attempt to buy their way into PSL

Ajax Cape Town attempt to buy their way into PSL

by Sports Leo
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Ajax Cape Town could well feature in the PSL next season after reports suggest they will purchase Bloemfontein Celtic’s top-flight status.

The Urban Warriors finished fourth in the National First Division this season, albeit on goal difference, but are reportedly on the verge of a return via the boardroom.

A deal won’t come cheap despite the well-known intentions of Siwelele owner Max Tshabalala to cash in on the club with financial troubles plaguing the outfit for the past few years.

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Tshabalala has been unable to provide adequate transfer funds in recent times and saw Steve Komphela quit the club amid payment issues.

Celtic’s value will have increased after Sunday’s final round of league fixtures as they booked a place in next year’s MTN8.

Entry into the lucrative competition will mean that any prospective purchaser will likely have to cough up a figure in the region of R50-million for the right to take on ownership and by default, status in the country’s top league.

Ajax have declined to comment.

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