News24

Ajax quash liquidation talk

2012-11-14 13:20

Cape Town - Ajax Cape Town's troubles have extended to the boardroom, but chief executive George Comitis denied that the club could be liquidated.

The focus on the Urban Warriors' struggles this season on the pitch - they sit 13th on the PSL table - has now turned to in-house clashes.

Reports have surfaced that the future of the Cape outfit may be in jeopardy as their major stakeholders are at logger-heads.

Comitis, however, has looked to quash talk that the struggles at the top could potentially bring down the curtain at Ikamva.

"It is common knowledge that the club has borne the brunt of feuding between the Comitis and the Efstathiou families who own Cape Town Stars, the company that holds 49 percent of Ajax Cape Town, in conjunction with 51 percent majority shareholder, Ajax Amsterdam," he said in an official statement.

"The allegations were made following an announcement by Ari Efstathiou that a Cape Town Stars board meeting will be held on Thursday at which the future of the club will be discussed.

"Ajax Cape Town has a proud history that has been built over the past 12 years and represents the dreams of thousands of kids wishing to become professional soccer players.

"Ajax is much stronger than the few individuals who wish to allow a hidden agenda to jeopardize the dreams of these kids as well as the livelihood of our players, our youth players, our coaches, our staff, not to mention letting down our massive support base across South Africa.

"Ajax Cape Town together with Ajax Amsterdam will do everything in its power to ensure the club remains a reliable and valuable member of the South African football fraternity."

Football411