Thanda Royal Zulu FC gain automatic promotion to PSL during the National First Division match between Thanda Royal Zulu FC and Stellenbosch FC at Umhlathuze Sports Complex on May 03, 2017 in Richards bay. (Photo by Steve Haag/Gallo Images)
“The club was put on the market before the season started but there were no takers. Running the club has proved quite costly and the owners are no longer sure if it is worth their while to keep going,” said a source.
Amabhubesi chairman Pierre Delvaux has admitted in a television interview that the costs of running the team were becoming rather unbearable, but he went on to reveal he was in talks with various stakeholders to keep the club going.
A source said the club were hoping to finalise a financial deal with Umhlathuze District Municipality to keep the team in Richards Bay.
“They are looking at a deal similar to that which Maritzburg United have with Umgungundlovu District,” said a source. Maritzburg reportedly receive an annual allowance of R3 million from their local council.
Download our app and read this and other great stories on the move. Available for Android and iOS.
