The University of the Witwatersrand confirmed that they have nothing to do with the sale of the Bidvest Wits franchise.
Tshakhuma Tsha Madzivhandila revealed a few days ago that they have purchased the top-flight status of Wits with all its players and will be relocating the club to Limpopo under a different name next season.
Following this announcement, questions were raised regarding Wits University’s involvement in the sale, as they are closely affiliated with the football club.
https://twitter.com/TTM_Original/status/1271852253276758017?s=20
However, the University has finally commented on the matter, confirming that they have sold their shares in the club to the Bidvest entity.
We have logged with the PSL for an official name change
The name will change from Bidvest Wits to Tshakhuma Tsha Madzivhandila FC as of the beginning of the new season
The team will play at Thohoyandou Stadium as their home ground next season pic.twitter.com/4r9y3j0Yq8
— TTM-FC Official Page (@TTM_Original) June 13, 2020
https://twitter.com/TTM_Original/status/1271869813036589056?s=20
“Wits University had nothing to do with the sale of the Bidvest Wits Football Club. Wits sold its shares in the football club to Bidvest, our partner of close to 15 years. The proceeds will be invested in the Wits Student Endowment Fund. Direct all queries to Bidvest Wits,” the university said on their official Twitter page.
Meanwhile, a number of Wits players are set conclude transfers elsewhere before the club relocates to Limpopo, while it has also been confirmed that Head Coach Gavin Hunt will not be part of the team next season.
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