Phakaaathi Reporter
Football writer
1 minute read
8 Nov 2016
9:24 am

Celtic well runs dry

Phakaaathi Reporter

Bloemfontein Celtic are struggling financially and this could stop the team from hiring a new coach after Serame Letsoaka's departure over a week ago. 

Patrick Tignyemb of Bloemfontein Celtic during the Absa Premiership match between Chippa United and Bloemfontein Celtic at Nelson Mandela Bay Stadium on October 25, 2016 in Port Elizabeth, South Africa. (Photo by Michael Sheehan/Gallo Images)

Letsoaka was booted out and Lehlohonolo Seema and John Maduka were installed as interim coaches.

“Things are bad at Celtic. Some players have not been paid their full salaries and there is no money to bring a new coach. They lost some experienced players last season due to bungling by the management and things started going on a downward spiral from there,” said a source.

Owner Max Tshabalala tried to sell the team last season, quoting a dispute with the supporters as his reason. Phakaaathi has however learnt that the real reason for him wanting to sell was because he has run out of funds to sustain the club.