Rollers hold preliminary talks with potential financiers
Monday, July 03, 2023 | 330 Views |
Township Rollers chairperson, Bafana Pheto (middle) addressing the media on Friday.PIC.KENNEDY RAMOKONE
The two parties officially ended their 10-year marriage on May 31 after failing to reach a common ground on a new deal. Pheto said the club has so far held preliminary talks with a few potentials. He said Rollers is open to any partnership model that would be beneficial to the club. Rollers have come into a partnership agreement with Prestige Parlours Group over an undisclosed duration and fee. The company has assisted Rollers with securing new club offices and transport. Rollers’ sponsors including Stanbic Botswana, Oppo, and Ezzy Build have remained with the club. Rollers will open a new club shop at the Fairgrounds Mall and hinted on an in-house sportswear label ‘Popa’.
Rollers has surprisingly been the busiest in the transfer market thus far. Popa on Friday confirmed the signing of attacking midfielder, Letlhogonolo Chenjela from Security Systems. He joins other winter signings including, Omphile Visagge, Obonwe Maome, Sphamandla Sangweni and Godfrey Tauyatswala. Pheto said the club is not done with the shopping spree adding that a new coach and preseason plans will be unveiled soon. The club leadership has remained mum on how much the club has benefited from its 10-year marriage with former investor, Shah. The latter was entitled to 80% stake of the club while the general membership owned the remaining 20%.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...