Absa Premiership

Report: Bloem Celtic hopeful of solving big financial woes

2019-01-25 11:58
Bloemfontein Celtic (Supplied)

Cape Town - Bloemfontein Celtic may see their financial troubles lighten as the club are reportedly in talks with a betting company who may offer a cash injection.

Celtic's owner Max Tshabalala has been forced to put the club up for sale due to the money woes, and it also caused the resignation of coach Steve Komphela.

Recurring strikes by the players has also been the order of the day due to unpaid wages as well. In addition, the departure of Alfred Ndengane to Orlando Pirates was also said to be due to the situation.

However, better fortunes could be ahead for Siwelele. A source told Kickoff: "The situation could improve.

"The club is currently engaged with one of the big sports betting companies.

"If things go well the deal could be concluded soon.

Despite the team's challenges, Celtic are a respectable seventh on the Absa Premiership standings with 26 points from 18 matches played.

The outfit from the Free State are next in action when they face Super Eagles on Sunday in the Nedbank Cup last-32 at Goble Park.

Kick-off is 15:00.


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