TTM Sold for R40M

News Sport

Hlokomelo Mabogale |

Tshakhuma Tsha Madzivhandila (TTM) owner Lawrence Mulaudzi is R40 million richer after he sold the club to a businessman Ditonkana Abram Sello from Sekhukhune in Limpopo.

Mulaudzi met with players in Makhado on Monday where the club used as a head office and he broke the new to them. For now, the wait is on PSL to give a green light to the sale.

The new TTM owner Sello is a pharmacist and own a football team in the ABC Motsepe League called Olezar.

The sale of the TTM means that the club will move from Makhado to Polokwane.

However, Mulaudzi is having another matter where the South African Footbal Players Union (SAFPU) is watching him like a hawk for the outstanding salaries of players.

Players Union deputy general secretary Calvin Motloung said they will be taking a road trip to Limpopo this week to have a meeting with the players, Mulaudzi and Sello.

“We are going to Limpopo… to meet the players and the management to make sure that the issues of outstanding payments are taken care of before the deal is approved.”

Motloung further said Mulaudzi assured them that he will pay all the players this Thursday.

Leave a Reply

Your email address will not be published. Required fields are marked *