What happened to Bidvest Wits FC?
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Former Premier Soccer League outfit Wits FC have landed the status of ABC Motsepe League side Baberwa FC. Formerly known as Bidvest Wits, the club was set to celebrate its centenary in 2021, but the Clever Boys opted to sell their status to Tshakhuma Tsha Madzivhandila (TTM) in 2020.
Who owns Wits FC?
The sale of the club to National First Division (NFD) outfit Tshakhuma Tsha Madzhivhandila signalled the end of an almost 15-year-long partnership between Wits University and the Bidvest Group.
Where is Bidvest Wits club?
Johannesburg
Wits FC’s home ground is the Bidvest Stadium, located on the university’s East Campus in Braamfontein, Johannesburg.
How old is Bidvest Wits FC?
Bidvest Wits F.C. Association football clubs established in 1921. National First Division clubs. National Football League (South Africa) clubs.
How much is Bidvest Wits worth?
$7.4 million
Bidvest Wits – $7.4 million.
What is Bidvest Wits called now?
Ex-Bidvest Wits CEO Jose Ferreira has opened up on why the club was sold to Tshakhuma Tsha Madzivhandila (TTM) as they will not exist in the 2020/21 season.
What is Bidvest Wits new name?
What is the richest soccer club in South Africa?
Mamelodi Sundowns
Mamelodi Sundowns is South Africa’s most valuable club on the continent by market value for the 2021/22 campaign as they sit second behind Egyptian giants Al Ahly.
Who is the richest club owner in South Africa?
Johann Rupert After being attracted to South African football, the business tycoon bought Cape Town-based club Stellenbosch FC in 2016. According to Forbes Rich List, Rupert is the wealthiest person in football, with a net worth of $7.3 billion (R108 billion).
How much was Bidvest Wits sold for?
R10 million
BIDVEST WITS football Club has been SOLD! Tshakhuma Tsha Madzivhandila have confirmed their purchase of the Braamfontein-based club. TTM owner Masala Mulaudzi sold the club’s GladAfrica Championship status to unknown investors for R10 million.
How much did Bidvest Wits cost?
BIDVEST WITS football Club has been SOLD! Tshakhuma Tsha Madzivhandila have confirmed their purchase of the Braamfontein-based club. TTM owner Masala Mulaudzi sold the club’s GladAfrica Championship status to unknown investors for R10 million.