Moroka Swallows on the road to recovery

The club is finalising deals to buy NFD and PSL status but says it will play in ABC Motsepe division.

Moroka Swallows fans. Picture: Moroka Swallows official Facebook page.

JOHANNESBURG - Gauteng MEC for Education, Panyaza Lesufi, has told EWN Sport that Moroka Swallows are close to finalising deals to buy an NFD and PSL status.

Lesufi has been coordinating the change of ownership between former CEO Leon Prins and a South African consortium, which was concluded last month.

The club was expected to have announced its new owners and its plans for the 2016/2017 season by now, but Lesufi insists it will happen in due course.

He said that Swallows will be fulfilling their second division commitments.

"We've taken a conscious decision that we'll honour our ABC Motsepe status. There's a technical team already that is looking into that aspect, that will prepare the team for the ABC Motsepe League."

Lesufi said they were at advanced stages in their talks with the two clubs.

"We're entering into two crucial discussions and we're on the final leg with a team that we believe is close to agreeing with us to sell its status at the NFD level and another team to sell its status at a PSL level."

Lesufi said that the team had revived its financial status after being taken over by new owners and said that the club now had a new financial structure.

"I can boldly declare that we've managed to get our way to get the team out of that problem, we now have a clean balance sheet, a clean bank balance and a new bank account."

Lesufi added that they were working on clearing the club's debt.

"We understand who we owe and we've made commitments with the people we owe and we're entering in discussions to those that could not agree in terms of the timelines of making some of the payments and I can declare now that the debt is huge, it's massive. It's a debt that goes into couple of millions."

Lesufi said that players and staff are yet to be paid what they are owed.

'Players are owed huge salaries, huge signing on fees and the technical teams have not been paid and all those things. And remember those are the debts that we're carrying to the new team, so we want to sort out that particular responsibility as quickly as possible."