SOCCER
Broke Celtic owner’s plea
Business Day has learnt that Max Tshabalala asked the PSL executive committee for a significant loan to tide over his club
Bloemfontein Celtic’s beleaguered and broke owner, Max Tshabalala, has asked the Premier Soccer League (PSL) for money to help pay his players and avoid a meltdown of the club in the latest twist to an increasingly drawn-out saga Business Day has learnt that Tshabalala asked the PSL executive committee for a significant loan to tide over his club as he awaits new offers to purchase the franchise. Tshabalala is back in control again after the proposed sale of the club to business people Sinki Leshababane and Moeketsi Mosola fell through a fortnight ago. It has meant another month without pay for players‚ who last week refused to train in protest but did play on Sunday. They lost their first game of the season, going down 1-0 at home to Maritzburg United. Tshabalala is heavily in debt after the collapse of his tender empire‚ with money owed to banks and the SA Revenue Service (Sars). An array of his vehicles were auctioned earlier in September and six houses have been repossessed by t...
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