Latest news with #KaizerChiefsFootballClub
The South African
4 days ago
- Business
- The South African
Kaizer Chiefs boss faces financial scandal
Kaizer Chiefs Football Club manager Bobby Motaung finds himself at the centre of a financial storm, with court papers filed to have his estate sequestered. According to a Sunday World report, Pent Up Investment CC has approached the Johannesburg High Court, claiming that Motaung owes the company more than R4.3 million linked to a property deal gone sour. Costas Couremetis, head of Pent Up Investment, alleges that Motaung has failed to settle the outstanding amount from a R9 million judgment issued back in November 2009. In a sworn affidavit, Couremetis detailed Motaung's failure to honour the full judgment amount. 'Pursuant to a failure by Lakeshore (Motaung was listed as the sole director of Lakeshore Trading) to make payment of the purchase price for the property in full, the applicant instituted proceedings… and obtained judgment on or about November 12, 2009 in a sum exceeding R9-million, plus interest and legal costs,' reads the court filing. The affidavit claims that as of January 2024, over R4.3 million remains unpaid. Despite not disputing the debt, Motaung allegedly made no significant effort to settle it. 'In fairness to the respondent, he has not sought to dispute the indebtedness… However, he has clearly not been able to pay the full sum… even after having been given various reasonable and generous indulgences over many years,' Couremetis added. What raised eyebrows, however, is the picture painted of Motaung's lavish lifestyle. 'The respondent has over all of these years lived a very opulent lifestyle, driving a Bentley… living in a large immovable property in… Houghton… wearing very expensive clothing and… watches… portraying the image of a very successful businessman… by virtue of the prominent position which he occupies at Kaizer Chiefs Football Club.' History of legal troubles This latest legal development adds to a string of past controversies. In 2016, a fraud and corruption case linked to the construction of Mbombela Stadium. Where Motaung was implicated, was dropped due to insufficient evidence. The same year, Sowetan Live reported that the South African Revenue Service (SARS) issued Motaung with a tax bill totalling R44.7 million. Then, in 2021, Sunday World revealed that SARS instructed liquidators to recover R90 million from a company. In which Bobby Motaung served as a director. While Motaung has remained tight-lipped in the face of these latest accusations. The unfolding legal battle could have lasting implications. Not only for his personal finances but also for his reputation at one of South Africa's biggest football clubs. Will Kaizer Chiefs' Bobby Motaung reputation still be intact? 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.
IOL News
11-05-2025
- Sport
- IOL News
KwaZulu-Natal Premier hails Nedbank Cup Final as peaceful, profitable triumph for KZN
A Kaizer Chiefs fan, at a fan park in Durban, celebrates after the team clinched the Nedbank Cup in the match played at Moses Mabhida stadium on Saturday. Image: Doctor Ngcobo Independent Newspapers KwaZulu-Natal Premier Thamsanqa Ntuli said the the peaceful and incident-free hosting of the 2025 Nedbank Cup Final was a major boost for the province, both on and off the field. The match, which saw Kaizer Chiefs crowned champions, saw thousands of football fans travel to Durban for the football showpiece at the Moses Mabhida stadium. Dozens of other fans gathered at the fan parks set up in eThekwini Municipality. Ntuli said the event injected over R93 million into the provincial economy. He extended his 'heartfelt congratulations to Kaizer Chiefs Football Club on their remarkable victory', and also praised the runners-up for their 'spirited performance, which contributed to an unforgettable sporting spectacle.' Ntuli said he had been pleased with the smooth and dignified hosting of the national final. 'KwaZulu-Natal is deeply honoured to have hosted a prestigious national final that unfolded in a safe, vibrant, and dignified manner. Our communities, spectators, and visitors demonstrated the very best of ubuntu and national unity,' Ntuli said. He thanked all stakeholders involved in the success of the event, adding: 'This is a testament to the province's growing capacity to deliver world-class events without compromising safety and public order. We thank our law enforcement agencies, volunteers, and all stakeholders who ensured the success of this occasion.' In addition to the celebratory scenes in the stadium, the event delivered a significant boost to local businesses. The hospitality, tourism, and entertainment sectors recorded a sharp increase in demand. Township traders also benefited through increased vendor participation and trading opportunities, further stimulating the grassroots economy. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Hundreds of people watched the match at the fan park set up by the eThekwini Municipality on the Durban beachfront. Image: Doctor Ngcobo Independent Newspapers The Premier used the opportunity to reaffirm his government's commitment to broad-based sports development across KZN, particularly in historically under-resourced areas. 'We are working to ensure that football is not the only code that thrives in KwaZulu-Natal. From netball and cricket to athletics, boxing, rugby, and indigenous games, our young people must have access to diverse sporting opportunities, infrastructure, and development programmes,' said Ntuli. He added that the province, through partnerships with municipalities, the private sector, and the Department of Sport, Arts and Culture, is already identifying and upgrading sporting facilities while supporting youth training and talent development programmes in all districts. 'KwaZulu-Natal remains committed to being a sporting powerhouse not only through hosting major events but by nurturing grassroots talent and ensuring that sport becomes a tool for economic empowerment, social transformation, and community pride,' Ntuli concluded. THE MERCURY
The South African
29-04-2025
- Sport
- The South African
Kaizer Chiefs misfit has 'a great time' whenever he leaves the premises
Kaizer Chiefs Football Club is a tough nut to crack. Some players thrive there, but more recently, it's a struggle for most. Rwanda National Team manager Adel Amrouche has confirmed French interest in Kaizer Chiefs goalkeeper Fiacre Ntwari. When he arrived, the 25-year-old was a regular in the Chiefs first team, but inopportune injuries have pushed him down the pecking order. Ntwari, who came from TS Galaxy in July 2024, has only made seven appearances for Chiefs. 'There is a second division club from France; they also asked me about him,' Amrouche told FARPost . Despite his struggles at club level, Ntwari has been a regular for his country during World Cup qualifiers. Ironically, Ntwari's Rwanda are in Group C of qualifiers alongside South Africa. They're sitting relatively pretty with eight points after six outings. It's not out of the question that both nations could qualify for the 2026 showpiece staged in Mexico, Canada and the United States. 25-year-old Ntwari, who stands at 1.94m tall, has 12 caps for his nation and will look to build on that as we approach a World Cup year. 'I trust the coaches at Chiefs, and I hope between now and June, he's going to get his chance to play again because we need him for the rest of the qualifiers.' 'He was good. I thought the lack of game time would affect him, but he was good. You can see his teammates trust him, and I also trust him. I have a lot of confidence in him because of his qualities. He's also an incredible person to work with. He's a hard worker, and the players love him. People love him in Rwanda.' Should Chiefs sell Ntwari? Let us know by leaving a comment below or sending a WhatsApp to 060 011 0211. Also, subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
