Chiefs in talks to buy Premiership status

14 February 2021

mmgei

Back in the day: Chiefs fans long for Premiership return PIC: MORERI SEJAKGOMO

Share this story

Magosi were relegated to the First Division in 2018 and after finding no success on the field for a quick return, the club is seeking an alternative route powered by an ambitious executive committee elected last month. Mmegi Sport is informed that Chiefs are in talks to acquire Gilport Lions status despite club owner Kelisitse Gilika having earlier denied the reports. The deal is rumoured to be worth around P1.5 million.

Chiefs’ vice chairperson, Olebile Sikwane said the club has had promising preliminary talks with at least two Premiership clubs. He, however, admitted that it could be a difficult exercise as the club continues to run on shallow pockets.  “Every supporter of Mochudi Centre Chiefs would like to see the club in the Premier League immediately. That’s my dream too, but there must be a willing buyer and a willing seller, and there must be funds to acquire the status. If anyone offered us a franchise status at a very practical amount, we would buy it. We have had very open and candid discussions with one or two club owners but we also looked at the fee for the status plus where we are now financially, we thought we could make it a practical amount. Also, to be very honest we have a lot of

 internal furniture to move around before we become that ambitious, we need to organise ourselves very well. I am sorry, I am not at liberty to disclose the names of clubs concerned due to confidentiality issues,” Sikwane said.  Magosi have been hard hit by debts from the previous seasons. Magosi were recently instructed by FIFA to pay former coach, Philani Mabhena P116,000. The four-league champions also have pending cases with former players from the 2016-2017 season. Meanwhile, the club has made peace with its ‘founders’. A five-year power struggle saw a faction register a commercial entity under the name Mochudi Centre Chiefs Pty (Ltd). The move cast a dark cloud over the club’s ambitions to privatise. However, Sikwane said this week the faction met and made peace with the new executive committee but was cagey with finer details.

“The committee had very promising and fruitful discussions with the founders and resolved several things, which should be announced sometime next week.  …very fundamental issues, which must now close the burning issue of PTY and Society.

The committee had very promising and fruitful discussions with the founders and resolved several things, which should be announced sometime next week

The objective of the meeting was underpinned by the very same foundation of Peace and Unity and the sustainability of the club as a company.  At this stage, I am hamstrung to divulge the sensitive areas of agreement,” Sikwane said.

Last Posts

Leader of Opposition Hon. Dumelang Saleshando whose Botswana Congress Party (BCP) boasts 15 MPs in the 13th Parliament

 A Response to the State of the Nation Address

Share this story

Share this storyBy Hon Dumelang Saleshando Leader of Opposition 21 November 2024 Title: We have crossed the Rubicon: Now what awaits us? A new or old Botswana Mr. Speaker, your Honour the Vice President and…

14 February 2021

State of the Nation Address to the First Meeting of the First Session of the 13th Parliament

Share this story

Share this storyBy Advocate Duma Gideon Boko President of the Republic of Botswana 19th November 2024 Theme: Transforming Botswana for inclusive growth May their souls rest in peace and in their memory, let us forge…

14 February 2021

HB invests 137 Million Pula in Botswana, fuelling the nation’s rise as a diamond powerhouse

Share this story

Share this storyEighteen (18) months after launch, HB is advancing HB Botswana’s processing capacity with a transformative new 137 million Pula investment. This commitment will expand HB’s processing capacity and create hundreds of high-quality jobs,…

14 February 2021

Elephant over-population causes massive destruction of trees, poor food and water supply for all the wildlife_

U.S. Appeals Court’s decision on ivory, Rhino horn sales may signal reopening of international trade

Share this story

Share this story By Emmanuel Koro  Johannesburg,  19 November 2024 In a significant development for a return to a reasonable approach to trade in ivory and rhino horn products,  the U.S. Second Court of Appeals has…

14 February 2021

India in top 10 globally for patents, trademarks and industrial designs

Share this story

Share this storyIndia now ranks among the top 10 countries globally in the number of patents, trademarks and industrial design applications, according to the World Intellectual Property Organization’s (WIPO) 2024 report on IP trends. The…

14 February 2021

Irina Abramova (Moderator), Mohamed Salem Ould Merzoug (Mauritania FM), Sergey Lavrov (Russia FM) and Dr Monque Nsanzabanganwa (African Union Commission) - Pic (TPA)

Russia has never been involved in the exploitation of African peoples – Sergey Lavrov

Share this story

Share this storyThe Pan Afrikanist Watchman At the close of the First Ministerial Conference of the Russia-Africa Partnership Forum on November 10th 2024 in the Sirius Federal Territory, Sochi, Russia’s veteran Foreign Minister Sergey Lavrov…

14 February 2021

Related Stories