Roy Moodley buys a soccer club
- Sylvester
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Roy Moodley buys a soccer club
2 months 1 week ago
Royal AM
players have reportedly returned to training after a Durban businessman won the bid to buy
Shauwn Mkhize
’s embattled club.
The businessman has been named by Sportswire as Roy Moodley, leader of the African Movement Congress and a close ally of former president Jacob Zuma.
After a bidding process that saw bids from Mkhonto weSizwe MP David “Mazolman” Skhosana and a foreign investor linked to sports minister Gayton McKenzie , Moodley won the right to take ownership of the club, according to SABC Sport .
The businessman has been named by Sportswire as Roy Moodley, leader of the African Movement Congress and a close ally of former president Jacob Zuma.
After a bidding process that saw bids from Mkhonto weSizwe MP David “Mazolman” Skhosana and a foreign investor linked to sports minister Gayton McKenzie , Moodley won the right to take ownership of the club, according to SABC Sport .
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- Dazza
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Re: Roy Moodley buys a soccer club
2 months 1 week ago
I hope they are better than his horses !!
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- Muhtiman
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Re: Roy Moodley buys a soccer club
2 months 1 week ago
.....and maybe not.....
.Royal were put on auction this month and Moodley is said to have tabled the highest bid but the Sars curator Jaco Venter is believed to have found information that makes the businessman unfit to take over. "Apparently Moodley's background paints him as someone who doesn't have a good record with Sars, so they have decided to nullify his winning bid," the source told Sowetan
.Royal were put on auction this month and Moodley is said to have tabled the highest bid but the Sars curator Jaco Venter is believed to have found information that makes the businessman unfit to take over. "Apparently Moodley's background paints him as someone who doesn't have a good record with Sars, so they have decided to nullify his winning bid," the source told Sowetan
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- Muhtiman
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Re: Roy Moodley buys a soccer club
2 months 1 week ago
.....and,,,,,According to Daily Maverick's article published in June 2023, "Roy Moodley and some of the entities linked to him, including Royal Security, have been implicated in some of the foremost alleged state capture schemes during the tenure of former president Jacob Zuma".Venter insisted the process was still ongoing. "When it is finalised, we will send a press release. Just be a little bit patient," Venter told Sowetan on Thursday. "I don't know where the media get their information [Moodley buying the team]."Moodley's disqualification may open doors for fellow bidders like David Skosana to be reconsidered. Skosana told Sowetan last week a consortium he represented had failed to secure the club after tabling a R15m offer.
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- Tigershark
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Re: Roy Moodley buys a soccer club
2 months 1 week ago - 2 months 1 week ago
Muhti, I thought ROY HAD ENOUGH?
Last edit: 2 months 1 week ago by Tigershark.
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- Muhtiman
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Re: Roy Moodley buys a soccer club
2 months 1 week ago
.....no end to his spend.....still chasing that ROYAL brand....but if this Venter dude got no proof that Roy is not SARS compliant....he is going to be royally screwed....oops
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