Latest news with #CalvinleJohn
The South African
19 hours ago
- Business
- The South African
SOLD: Sale of SuperSport United confirmed
SuperSport United have officially been sold to Siwelele Football Club and are waiting for the PSL to approve the deal. This was confirmed in a statement by SuperSport International on Thursday, which added that after a closed bidding process, Siwelele were awarded the rights to purchase the Tshwane side. 'SuperSport International would like to confirm the sale of its Premier Soccer League (PSL) club, SuperSport United, to Siwelele Football Club (Pty) Ltd. 'Following a closed bidding process, Siwelele F.C was awarded the rights to purchase the three-time Premiership winners, pending approval by the PSL Executive Committee. 'The sale of the club comes as SuperSport makes strategic shifts to allow us to remain the biggest broadcaster in Africa and a leading global competitor. Shifts in the market, as well as the need to innovate in accordance with our core business, have necessitated focused direction to allow SuperSport to remain the best sports content provider on the continent and a leader in broadcast innovation,''' said SuperSport CEO, Rendani Ramovha. Siwelele chairman Calvin le John said they are happy to have won the bid to purchase the club. 'As Siwelele FC, we are privileged to have been given the responsibility of continuing with a rich winning tradition in the PSL. SuperSport and the MultiChoice Group laid an incredible 30-year platform that we wish to build upon, should we get the final vote of approval from the PSL executive committee,' Le John said. 'Out of respect for the PSL executive committee's processes, Siwelele F.C, MultiChoice and SuperSport will not be making any further statements pending the decision of the PSL.' Reports suggest that Matsatsantsa were sold for R50 million and will relocate to Bloemfontein in the 2025/26 Betway Premiership season and will be called Siwelele FC. SuperSport United endured a horror 2024/25 Betway Premiership season, finishing 14th and narrowly avoiding the promotion-relegation playoffs. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
TimesLIVE
20 hours ago
- Business
- TimesLIVE
SuperSport sold to Siwelele after 30 years in SA's elite league
SuperSport United have confirmed the sale of their status to Siwelele Football Club (Pty) Ltd. 'Following a closed bidding process, Siwelele was awarded the rights to purchase the three-time Premiership winners, pending approval by the PSL Executive Committee,' SuperSport said in a statement sent to media on Thursday. The sale follows intense speculation this week that SuperSport would be sold to businesspeople who have a desire to revive Bloemfontein Celtic, whose nickname was Siwelele before they were sold to Royal AM a few years ago. 'The sale of the club comes as SuperSport makes strategic shifts to allow it to remain the biggest broadcaster in Africa and a leading global competitor. Shifts in the market as well as the need to remain innovative in accordance with our core business have necessitated focused direction to allow SuperSport to remain the best sports content provider on the continent and a leader in broadcast innovation,' said SuperSport CEO Rendani Ramovha. Calvin le John, chairman of Siwelele FC, said: 'As Siwelele we are privileged to have been given the responsibility of continuing with a rich winning tradition in the PSL. SuperSport and MultiChoice group laid an incredible 30-year platform that we wish to build upon should we get the approval from the PSL executive committee.' Both parties said they'll not comment on the matter until the PSL ratifies the decision in the coming days. It is expected that Siwelele will be based in Free State where Bloemfontein Celtic used to operate before they were sold. If it is not clear if the pending sale of MultiChoice to a French broadcasting company Canal+ is part of the reason SuperSport is selling after 30 years.
