Back to the Soccer Newsfeed

'It has to make financial sense' - Highlands Park chairman Kaftel would consider selling PSL status

Highlands Park co-chairman Brad Kaftel says they would consider selling the club's PSL status if they receive a lucrative offer.

This comes after Bidvest Wits revealed that they have agreed to sell their PSL status to National First Division (NFD) club Tshakhuma Tsha Madzivhandila, pending PSL approval.

Once the deal is approved, Wits will join the likes of Thanda Royal Zulu, Mpumalanga Black Aces and Dynamos FC, who have sold their top-flight status over the years.

Editors' Picks

Kaftel, who owns the Lions of the North with Larry Brookstone and Sinky Mnisi, did indicate that they have no intention of selling the club at the moment.