The oldest club competing in South Africa's top-flight could soon cease to exist after Tshakhuma Tsha Madzivhandzila (TTM) claimed to have purchased the PSL status belonging to Bidvest Wits on Saturday.
The Clever Boys have been the subject of widespread reports regarding a fragile financial status throughout the pause in competitive action, with some of the bigger sides in the country vying for some of their top players.
Tshakhuma and Bidvest Wits agree deal
According to Tshakhuma, the Limpopo outfit now stands to compete in the country's top tier after completing a deal with the Braamfontein-based outfit.
The agreement between the two entities involves the transfer of players to the Premiership's new kids on the block.
🚨 It is official 🚨
We are officially a PSL team
Tshakhuma Tsha Madzivhandila Football Club has completed the sale of Bidvest Wits with all its players pic.twitter.com/JWmwkdYGC1— TTM-FC Official Page (@TTM_Original) June 13, 2020
From 1921 'til bust
The closest TTM have come to competing in the big time was during the playoff phase which followed the 2018/19 season.
During then, the club failed to make it through the offseason competition as Maritzbutg United maintained their status in the top flight.
They could still be without a few big names from the 2016/17 PSL champions, who have reportedly sold a few big names before entering into the contriversial deal.
According to reports, Bafana Bafana captain Thulani Hlatshwayo has competed a deal to Orlando Pirates, along with Namibian winger Deon Hotto.
Other players rumoured to be on their way out of Braam include Thabang Monare, who has long been linked with the Buccaneers' rivals Kaizer Chiefs,, while Haashim Domingo is said to be on his way to joining defending league champions Mamelodi Sundowns.
Wits stand to become the latest in a long string of clubs who have sold their rights of competing in the top flight.
Cape Town City, a name which first appeared in the local soccer fraternity over half a decade ago, was revived in 2016 when its new owners purchased the status of Mpumalanga Black Aces. The club has since gone on to win two trophies in its short existence, and was in among the league contenders in the last two completed seasons.
Also entering the Premiership via financial muscle was AmaZulu, who purchased the status of fellow KZN club, Thanda Royal Zulu, who had just gained promotion into the top flight.
Bloemfontein Celtic were another club rumoured to be considering a move similar to that of Wits, with TS Galaxy owner, Tim Sukazi said to be the main owner.
Wits were formed in 1921, making it the oldest of the 16 clubs who competed in the 2019/20 PSL season.