PSL yet to approve the sale of Free State Stars
Irvin Khoza has confirmed the sale to the same consortium which now owns Swallows has not been approced.
JOHANNESBURG - Premier Soccer League (PSL) chairman Dr Irvin Khoza has confirmed that the deal to sell Free State Stars to a consortium, represented by Gauteng Education MEC Panyaza Lesufi has not been approved.
It has been heavily reported that the consortium that now owns Moroka Swallows was looking to buy out Stars and have Swallows reinstated in the PSL, two seasons after being relegated to the National First Division and then to the ABC Motsepe League.
Khoza categorically stated that they have received a notice of intent to sell from Stars but have not received the required commitment from the consortium, rendering the deal null and void at the moment.
"As it stands, there is no deal between the two parties, we are still awaiting a report from them. As we speak, we don't know who these people in the trust are. We only know Mr Lesufi."
Speaking to EWN Sport last week, Lesufi confirmed that he and the consortium were expecting the deal to be approved by 15 July 2016, but no announcement was made by then. It was then announced by Lesufi on Sunday that the league should make their decision public by today.
The league's chairman has now given the two parties until the end of the week to return with feedback about their commitment to finalize the deal and also for the consortium to reveal the exact member(s) who are directly involved in the deal.
Should the deal be approved by the league, then it's expected that the name Free State Stars will be no more and that a new franchise, presumably to be called Swallows FC, will take part in the 2016/2017 PSL season.