Another PSL club sold: Sokhela sells 100 percent of shares to Zungu Investment Co



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“The acquisition will be effective once the Premier Soccer League (PSL) and other relevant authorities and districts approve it.

“AmaZulu is the oldest team in the DSTV Premier Soccer League with a proud history of over 88 years.

Dr. Sokhela, the club’s outgoing president and owner, told the media at a press conference held at the Hilton Hotel in Durban on Friday that it was time to hand over the reins after more than a decade as owner. “

Other Premier Division franchise agreements concluded after the end of September of the 2019-20 Premier Division season were Bidvest Wits for Tshakhuma Tsha Madzivhandila FC and Highlands Park for TS Galaxy.

Sokhela expressed his confidence in Zungu’s ability to advance AmaZulu.

“I have been the owner and president of AmaZulu for the past 16 years, and the time has come to pass the banner on to a new owner. I believe that the new owner will continue to grow the club in both status and stature, as I have strived to do, ”said Sokhela.

“I can’t think of anyone better than Sandile Zungu to put himself in my place and continue the great legacy of this club.”

AmaZulu’s statement said of Zungu: “Sandile Zungu is the founder and president of ZICO. Born and raised in Umlazi in a home that supports Usuthu, Sandile recognizes the values ​​of keeping this club steeped in rich tradition and history in the KwaZulu-Natal province.

“He is passionate about AmaZulu and is committed to taking the club through the most successful decade in its history towards its centenary. He expressed his gratitude to Dr. Sokhela, the players, technical and administrative teams, and sponsors who have led and contributed to the growth and success of AmaZulu to date.

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