Haibo: MaMkhize sells Royal AM’s, buys Bloemfontein Celtic for R50 Million 

Bloemfontein Celtic have reportedly sold their PSL status to Shauwn Mkhize for a fee believed to be in the region of R50 million.

 Haibo: MaMkhize sells Royal AM’s, buys Bloemfontein Celtic for R50 Million 

In recent months MaMkhize has seen herself trending from nasty court cases to PSL snubs. In the wake of Royal AM’s failure to secure Premier League status the multi-millionaire has opted for a plan B. We can all agree that we didn’t see this coming honestly.

Bloemfontein Celtic have reportedly sold their PSL status to Shauwn Mkhize for a fee believed to be in the region of R50 million. It now appears as though she has opted for another route to get into the Premiership – buying the status of another club that needs serious financial rescuing in Celtic.

Haibo: MaMkhize sells Royal AM’s, buys Bloemfontein Celtic for R50 Million

According to FarPost, the deal for MaMkhize to own Celtic is as good as done following the approval by the PSL executive committee. The news of MamKhize successfully purchasing Bloem Celtic doesn’t come as a shock at all after reports of her intentions to do so emerged on Friday.

BREAKING NEWS#FARPost can confirm that the PSL Exco has approved Bloem Celtic’s sale.

Now the only outstanding matter is for the money to exchange hands between Celtic boss Max Tshabalala and the buyer, Shauwn Mkhize.

The deal is worth R50-million. pic.twitter.com/I8AbIQoZIH

— FARPost_ZA (@FARPostZA) August 14, 2021

 Haibo: MaMkhize sells Royal AM’s, buys Bloemfontein Celtic for R50 Million

However, MaMkhize has already sold Royal AM’s GladAfrica Championship status to Tshakhuma Tsha Madzivhandila (TTM) with the club already relocating to Thohoyandou. Bloem Celtic will also relocate to KwaZulu-Natal ahead of the start of the new DStv Premiership season next week.

 Haibo: MaMkhize sells Royal AM's, buys Bloemfontein Celtic for R50 Million 
 Haibo: MaMkhize sells Royal AM’s, buys Bloemfontein Celtic for R50 Million 

According to sources, the sale could be confirmed before the DStv Premiership season gets underway in a week’s time. Attempts to reach Celtic chairman Max Tshabalala since Friday proved futile as his phone rang unanswered.

However, it was recently reported that Multi-Millionaire Mamkhize And Son Andile Mpisane Face Eviction From Sandton Properties. For many, it might not add up how a multi-millionaire and her son face eviction yet they have a lot to spend. No doubt Mzansi woke up to Andile Mpisane and Mamkhize property saga.

A Joburg real estate agent has filed for an urgent court order to throw out TV Personality and multi-millionaire Shauwn Mkhize and her son after their failure to pay for the four properties they acquired from him.