SARS to sell Royal AM Football Club to recover outstanding tax

SABC

SARS to sell PSL club Royal AM at a discount due to owner’s tax liabilities. Club faces uncertain future with mounting debts and relegation threat. Ownership of PSL clubs becoming expensive, limiting ownership to ‘tenderpreneurs’. Normal millionaires can no longer afford clubs. Buying and selling of club statuses common due to high costs.

Read More from source