Cape Town - The chairman of FC Cape Town Errol Dicks revealed that they are proud to be associated with the international brand Investec.
The National First Division side FC Cape Town announced at the press conference that they have signed a five-year sponsorship with Investec.
"We are proud to be associated with an international brand like Investec,” Dicks said at the press conference in Cape Town.
"FC Cape Town has embarked on an ambitious programme to overhaul the club by appointing a new technical team and revamping the various structures.
"We have come a long way since our inception and the partnership with Investec is another step in the right direction.
"It’s a new dawn for FC Cape Town as we seek to reach the pinnacle of South African football, the PSL.
"Football Club Cape Town, there can be no purer name to represent the mother city’s football aspirations."
Former Ajax CEO John Comitis said at the press conference that Cape Town needs more PSL clubs to re-ignite the rivalry and motivate aspiring football players.
"Cape Town needs a second and third PSL club to re-ignite the rivalry and to fulfil the desire of aspiring football players in the Western Cape,” Comitis said at the press conference.
"The Investec and FC Cape Town partnership has presented the opportunity to develop young disadvantaged Capetonians into world class players in Europe.
"A successful partnership is likely to contribute to the development of our local people in sport and to provide world class standard sporting initiatives in the mother city."