Mochudi Centre Chiefs acquired Masitaoka's Premier League status on Friday in a deal worth P400, 000 as Majatlhaga face an agonising reality of competing in the Kweneng Division One league. In a supporters' meeting held at the Molepolole Sports Complex, Task Force member, Jiki Segatle said Aryl Ralebala told the Task Force last Tuesday that, the board of Masitaoka Enterprises has taken a decision to seize its operation and would hand back the club to the general membership. Masitaoka Enterprises is a commercial entity that was in charge of running the club affairs. The company was initially given 90% of the club's shares while the general membership held the remaining 10% but later on, Masitaoka Enterprises assumed the club's total ownership.
The Task Force revealed that during their talks with Ralebala, they were presented with three options, to be handed the club with a Premier League status, a First Division League status or Division One league status. The supporters' Task Force Team said they are reeling in shock after they had not approved the sale of the Premier League status while Ralebala had washed his hands off the status sale negotiations. The Task Force had met with former club president and investor, Ralebala early in the week to discuss the future of the club but had not come to a decision and was shocked to learn Masitaoka FC's Premier League status has been sold to Chiefs on Friday evening. Chiefs had proposed a deal P100, 000 including a status swap and also a P400, 000 outright buy offer.
