View this post on Instagram

A post shared by Soccer Laduma (@soccer_laduma)

Login

Turkish Consortium Eyes Royal AM Takeover

Turkish Consortium Eyes Royal AM Takeover

A consortium from Turkey is showing interest in acquiring Royal AM Football Club, amid the KwaZulu-Natal outfit’s uncertain future in the PSL, the Siya crew has been reliably informed.

Royal AM’s participation in Mzansi’s top flight league hangs by a thread, with the PSL’s Board of Governors expected to meet this Thursday.

READ: Pirates Could Look In-House To Replace Riveiro

The meeting could ratify the league’s Executive Committee decision to expel the club due to ongoing financial and administrative issues.

The club, owned by prominent businesswoman Shauwn “MaMkhize” Mkhize, has faced a series of serious setbacks.

From unpaid debts and failure to honour scheduled fixtures, to an ongoing legal battle with the South African Revenue Service (SARS) over alleged tax issues, Royal AM have seen its reputation – and that of the league – take a significant hit.

Thwihli Thwahla last played a competitive match in December 2024, suffering a 3-1 defeat against TS Galaxy.

Since then, the league has suspended all their fixtures, leaving the club’s future in limbo.

While local interest in purchasing the club has emerged, previous efforts to sell Royal AM have not materialised.

A deal reported to be worth R20 million, involving businessman Chockalingam ‘Roy’ Moodley and his family's company, Global Investments, fell through at the final hour.

With the club back on the market, international interest has started to grow. Sources have confirmed to the Siya crew that a Turkish consortium has been closely monitoring developments, with a view to acquiring the club depending on the outcome of this week’s PSL meeting.

The club’s dire position on the log – currently sitting at the bottom with just eight points from 11 matches – has, however, raised concerns among potential investors.

For many, the risk of investing in a club that may be expelled from the league presents a significant challenge.

Nevertheless, the Turkish consortium appears eager to enter the South African football scene, pending clarity on Royal AM’s league status.

READ: Why Pirates Can't Sell Club To MaMkhize 

Should the PSL offer a lifeline or find an alternative resolution, a deal could be on the table sooner than expected.

For now, all eyes are on the upcoming PSL Board of Governors meeting, which could decide the fate of Royal AM – and possibly usher in a new era of foreign ownership in the country’s professional football.

“These are business people from Turkey. They are interested in buying the club, but they want to be sure of what its status is with the league. They are in contact with their people in South Africa," said the Siya source.  

Related tags

Unshaken By Chaos: Maduka’s Faith Amid Royal Crisis

Cardoso Hits Back At Critics With Gritty Sundowns

Exclusive: For The Next Pirates Coach - Lekgwathi

Comments

Top 5

Pirates Sign The 'New Mofokeng'

Apr 22, 2025 09:13 AM in Orlando-Pirates

Rulani Sends CWC Message To Sundowns

Apr 21, 2025 01:26 PM in FIFA-Club-World-Cup

Mnqgithi's Gauteng Return On The Cards?

Apr 19, 2025 08:58 AM in Siyagobhoza

What Next For Royal AM Boss?

Apr 22, 2025 08:19 AM in Local

Ex-Bucs Coach Tips Pyramids To Beat Pirates

Apr 23, 2025 10:33 AM in Tab

Pirates Sign The 'New Mofokeng'

Apr 22, 2025 09:13 AM in Orlando-Pirates

Former Chiefs Captain Warns Against Coaching Overhaul

Apr 21, 2025 11:54 AM in Kaizer-Chiefs

'Not Good Enough': Davids On Simba Win Over Stellies

Apr 23, 2025 09:22 AM in African Football

Real Madrid Want Klopp? Agent Responds!

Apr 19, 2025 02:39 PM in Real-Madrid