The executive committee of the Premier Soccer League (PSL) has approved the sale of Limpopo-based DStv Premiership side Tshakhuma Tsha Madzivhandila.
TTM owner Masala Mulaudzi sold the team to Abram Sello and Mighty Tjale a few days ago.
“The executive committee of the League today considered an application submitted by the Black Gold Trust to transfer the club Tshakhuma Tsha Madzivhandila to a corporation by the name of Protoscape 202 CC. The application for approval met the requirements of Article 14 of the NSL Handbook and was consequently approved albeit with conditions,” s statement from the PSL said.
“The condition imposed by the executive committee included that the contracts of employment of all players are transferred to the purchaser, disputes that may exist will be dealt with by the corporation and any awards or ruling handed down must be satisfied by the corporation.”
The PSL executive committee also ordered that the team will undergo no name change.
