'Two-man' Chiefs seek solutions
Friday, July 29, 2022 | 440 Views |
The club recently announced that it would now operate as a company with the society now set to be dissolved.
However, before the process was completed, the club was rocked by the resignation of chairperson, Edwin Mothulatshipi two weeks back, leaving only two committee members, Fidelia Masomosomo (treasurer) and team manager, Tosh Seleke from the society’s side.
The duo has since requested a meeting, which if it goes ahead, will discuss issues around the dissolution of the society as well as how the club will move forward after Mothulatshipi’s resignation.
The former chairperson was to represent the supporters through their 10% stake in the company. Following his resignation, the club is now set to identify someone who will then act as a representative in the company. “We have requested that meeting so that a way forward can be discussed and we are awaiting a response.
The plan is to meet this Sunday,” Masomosomo confirmed yesterday. Meanwhile one of the officials from the company, Ramocha Tsieng yesterday said they have not yet concluded identifying investors. Several names have previously been linked with the club including entrepreneur, Moemedi Senwelo. The latter, who is the chief executive officer at CRACKiT Tuition Centre, has already publicly expressed his desire to buy a stake in the company.
He assisted the club with funds last season during its battle for promotion. “We are still discussing with potential suitors and nothing has been finalised yet,” Tsieng told Mmegi Sport yesterday. He also confirmed that Senwelo is among those being considered. He also said preparations for the upcoming season have already begun after the team reported for pre-season on Monday.
The club has stuck with the head coach, Thatayaone Tebele who will once again lead the team in the battle for promotion next season. Tebele led the Chiefs to a second-place finish last season before they lost to Eleven Angels in the playoff.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...