Cape Town - Max Tsabalala has reportedly bought Bloemfontein
Celtic for a fee in the region of R45 million.
“It’s official,” Max Tsabalala said to Soccer
He continued by saying, “I’m excited about being with the
big boys in the PSL.”
Last week the Sowetan
reported that Tshabalala is waiting for current CEO, Jimmy Augousti, to return
from Brazil so the deal can be completed.
The businessman has vowed to respect the process and
confirmed that it has been going smoothly so far.
“The agreement we signed with Celtic has a confidentiality
clause, therefore it will be difficult for me to go deeper into the details
until all the paperwork has been completed.”
“All that I can say at the moment is that there are some
documents we are waiting for from Celtic. We have to respect the process.”
Tsabalala has confirmed that the Augousti’s (Demetri 'Jimmy'
and Ikie) will be with the club until the end of the month to sort out
contracts of players and staff alike. The technical team will remain as is he said as well.
Tsabalala also owns National First Division League outfit,
Roses United, and they confirmed via their Twitter handle that the Tsabalala
family are the Celtic owners.