Gunners in 15-year take over deal :: Mmegi Online

Local businessman, Thabo Sechele is being linked to Extension Gunners in a deal that would span 15 years. Sechele has interests in several sectors including, amongst others, Thama Drilling Services, Thama Security, and Thama Construction.

Mmegi Sport is informed that Sechele and Gunners are in talks with the investor to take over Gunners for over 15 years. Mmegi Sport is further informed that Gunners would use the same model as Township Rollers and Gaborone United with a sole investor to take over the club affairs and decision-making. The deal is reportedly on an 80–20% share allocation in favour of the investor.

Sources said the new investor will clear debts which stand at around a million. “It is likely to be the same as the one Jagdish (Shah) had at Rollers or (Nicolas) Zakhem with GU. It is going to be 80% to the investor and 20% to the society. The investor will inherit all Gunners’ debts, the registered debts at the club. The deal is good as done.

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