Council bails Chippa out with R5m injection

2015-09-18 13:51
Chippa United Chairman Siviwe "Chippa" Mpengesi (Supplied)

Cape Town - Nelson Mandela Bay council have awarded Chippa United their request for a R5 million advance to help the PSL club stay afloat.

The Chilli Boys were convinced to pack up home in Cape Town in favour of a move to Port Elizabeth last year, with a R15m budget set to be issued over three years.

However, some poor results in high-profile matches, coupled with the haphazard hiring and firing of numerous coaches, have left the club struggling to survive.

The city's council, though, have since swooped in to help aid them after accepting Chippa's request to have the sum of R5m, which was due next year June, be paid over immediately, subject to the club finding matching funding.

The news will come as a big boost to club owner Chippa Mpengesi, whose team only narrowly avoided relegation from the Absa Premiership at the end of last season.

Read more on:    chippa united  |  psl  |  soccer

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