Yesterday, Rollers announced the arrival of Tendani Sebata of Sebata Group, who is the new club's main financier and assumes the role of club president. Sebata joins Rollers on a five-year-long agreement and acquires 80% of the club's stake while the general membership is entitled to the remaining 20%. The South African businessman replaces former investor and president, Jimmy Haskins Kereng, who left the club on June 30. Kereng, through his business entity, Prestige Funeral Parlour, is however, likely to remain with the club as a partner through the transitional period.
During yesterday's announcement in Gaborone, Pheto confirmed the departure of the club's title sponsor, Stanbic Bank Botswana, putting an end to a seven-year-old relationship. "Our contract came to an end, we had Stanbic Bank and we have been with Stanbic Bank for the past seven years. We parted ways with Stanbic Bank after our contract came to an end," Pheto said. While Sebata has joined as the chief financier, Pheto called on the supporters to further assist in boosting the club's back pocket. Pheto said the contribution of the supporters is to amongst others, register for club membership, attend the games in large numbers, and also buy club merchandise. "As Sebata invests in the team, we should support him by bringing in revenue to the team through the abovementioned. I would (also) like to make a clarion call to potential partners out there. Township Rollers is a valuable brand that you can associate with and we are open to any partnership or sponsorship," said Pheto.
