TTM says it has bought Bidvest Wits PSL status. Tshakhuma Tsha Madzivhandila (TTM) has announced the purchase of the PSL status of Bidvest Wits. I can see the players coming out of this club. QCSHPS. Tshakhuma Tsha Madzivhandila FC (TTM) owner Lawrence Mulaudzi says reports on the sale of his club just five months after the purchase of the Premier Division franchise of Bidvest Wits have been completely misconstrued. TTM’s chairman said this approach had been misrepresented as an approach to buy his club. ... (TTM) Numeric. Masala Mulaudzi, the TTM chairman, has confirmed that they have sold their status for R10 million. Then‚ because I had asked our CEO‚ Sello Chokoe‚ to look for sponsors‚ we couldn’t just turn that offer down. “The doctor in question approached us when we were selling the GladAfrica team‚ as one of the bidders. “I put it in the market and said if the team is going to … The team will in the next soccer season play their matches in Polokwane. The TTM is not a theory but a model; different behavioral theories and constructs can be applied to various stages of the model where they may be most effective. Tshakhuma Tsha Madzivhandila FC (TTM) owner Lawrence Mulaudzi says reports on the sale of his club just five months since the purchase of the Premier Division franchise of … Do the numbers hold clues to what lies ahead for the stock? We then sold our team to Sekhukhune. ... TTM was formed after Mulaudzi bought … Numeric. In a number of tweets, first division club Tshakhuma Tsha Madzivhandila claim to have bought the top flight status of former league champions Bidvest Wits. “I put it in the market and said if the team is going to be sold to anyone outside of the Limpopo province, it is going to be R12 million, but if the buyers are in the province then I’d sell it for R10 million," Mulaudzi said. Mulaudzi had acquired the PSL status of the now-defunct Bidvest Wits. TTM confirmed it has requested a name change with the PSL, meaning Bidvest Wits will become Tshakhuma Tsha Madzivhandila from the beginning of next season. Emergency Medical Services company, Protoscape, bought TTM from the previous owner, Lawrence Mulaudzi earlier this year. ... — TTM-FC Official Page (@TTM_Original) June 13, 2020 From 1921 ’til bust. QCASH. Since we were informed that TTM bought a Premier Soccer League side Bidvest Wit's status, they has been questions to what will take place if it happens that TTM wins the upcoming playoffs for the PSL promotion next season. Mr Simon Malatjie, the man who bought the TTM franchise, is no stranger to the football industry. Do the numbers hold clues to what lies ahead for the stock? We’ve only seen the story of TTM in the media. However, the change of ownership saw the team’s fortunes transform. Mr Simon Malatjie, the man who bought the TTM franchise, is no stranger to the football industry. “They (new owners of TTM) are currently doing their own processes (in terms of applying for approval by the executive committee of the National Soccer League). But after Sukazi failed to buy Bloemfontein Celtic, the deal fell through. We haven’t received anything as the league,” Khoza told IOL Sport. TTM confirmed it has requested a name change with the PSL, meaning Bidvest Wits will become Tshakhuma Tsha Madzivhandila from the beginning of next season. “Imagine if we did not opt to buy the Absa Premiership status now and TTM failed to gain promotion at the end of the season; we could have lost everything,” he said. The new owner of Tshakhuma Tsha Madzivhandila FC (TTM) purchased the crisis-riddled club for around R40m and he says he will unveil the ambitious plans he … Tshakhuma Tsha Madzivhadila (TTM) owner Masala Mulaudzi may have some explaining to do before the PSL executive committee after declaring himself as the one who bought the status of … In a number of tweets, first division club Tshakhuma Tsha Madzivhandila claim to have bought the top flight status of former league champions Bidvest Wits. The sale must still … The new Wits owners might find themselves competing in the continent as the Clever Boys are in line to reach the Nedbank Cup final and finish in the top three in the league campaign. Stock quotes, social news, market sentiment, and price targets for TTM (Tata Motors Ltd). TTM owner Mulaudzi insists the club is not for sale: 'I mean we have just bought this thing now' 19 November 2020 - 15:17 By Marc Strydom Tshakhuma Tsha Madzivhandila FC (TTM) owner Lawrence Mulaudzi. Mulaudzi had tongues wagging when he announced on Twitter at the weekend that he had bought Premier Soccer League (PSL) outfit Bidvest Wits. Soccer. We are sitting at number four on the log with six games to go. TTM says it has bought Bidvest Wits PSL status. ACSHPS. TTM's chairman now confirms that a for-sale sign has been put up outside to sell their status in order to buy a place in the top-flight next season. EPL; LaLiga; International Soccer; Bundesliga; NFD; PSL; Serie A; UCL; Horse Racing It is gone for R10 million,” Mulaudzi revealed. Home; Sport. Having bought the Premiership status of Bidvest Wits, TTM were often in disarray in their first few months of the season. We’ve also been to play-offs (in First Division)," he said. Acquiring an Absa Premiership franchise is something good, but maintaining it is a different thing. “No‚ no‚ the team is stabilised‚” Mulaudzi said. We have bought status from Bidvest Wits NOT Wits University Bidvest Wits FC ️Tshakhuma Tsha Madzivhandila FC — TTM-FC Official Page (@TTM_Original) June 13, 2020 Tshakhuma Tsha Madzivhandila FC (TTM) owner Lawrence Mulaudzi says reports on the sale of his club just five months since the purchase of the … New TTM owner explains why he bought the club ... Sello bought the club from now-former owner Masala Mulaudzi who bought the top tier status of … As a team we’ve never been associated with relegation. “He put that offer in writing. Bidvest Wits was bought by a Limpopo businessman. “The story indeed is a far-fetched story. Bidvest Wits, the 2016/17 Premier Soccer League (PSL) champions, have sold their top-flight status, according to new owners Tshakhuma Tsha Madzivhandila Football Club. TTM‚ coached by Joel Masutha‚ are yet to win in the top flight‚ losing two and drawing two league and cup matches. by James Richardson 15-06-2020 14:36 The status of the Glad Africa of TTM was already bought by the Sekhukhune tycoon, Simon Malatjie two weeks ago. We’ve got our model that will help us stay away from relegation,” he added. Mulaudzi said he could only identity the man‚ who is a doctor‚ as “Dr Ntoso”. He bought TTM for R13m. However, the change of ownership saw the team’s fortunes transform. TTM (TTMI) delivered earnings and revenue surprises of 260.00% and -13.32%, respectively, for the quarter ended March 2020. Revamped AmaZulu face a serious examination of their ambitions this season when they travel to Pretoria to tackle champions Mamelodi Sundowns at ... TTM owner Mulaudzi insists the club is not for sale: 'I mean we have just bought this thing now'. © 2021 Arena Holdings (Pty) Ltd. All rights reserved. Of course, we have to finish our games, if all goes well and we get into the playoffs or maybe get promoted, it will be great for them,” Mulaudzi explained. He is the owner of the ABC Motsepe League side African All Stars FC. I don’t think we will experience any challenges in top flight football. ” We are glad that Limpopo is basically reclaiming its status … Everything is under control and the status is gone. The sale must still be approved by the PSL Executive Committee. TTM Technologies (TTMI) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. “I mean, we have just bought this thing now ... and it’s working far better for me now. We’ve planned a lot. TTM have issued a warning to prospective footballers who could be the target of fake trial scams saying all tryouts are staged by the club itself. The oldest club competing in South Africa’s top-flight could soon cease to exist after Tshakhuma Tsha Madzivhandzila (TTM) claimed to have purchased the … Wits confirmed the sale to TTM in June. African Stars are campaigning in the Gauteng Stream of the ABC Motsepe League. Tshakhuma Tsha Madzivhandila FC (TTM) owner Lawrence Mulaudzi. Cash / Share (MRQ) Numeric. It is gone for R10 million,” Mulaudzi revealed. The TTM posits that individuals move through six stages of change: precontemplation, … © 2021 Independent Online and affiliated companies. TTM are currently busy with behind the scenes preparations for their debut season in the Premiership after owner Masala Mulaudzi bought the status of Bidvest Wits a few months ago. Wits were due to celebrate their 100th anniversary next season having been founded in 1921, but instead, will cease to exist. TTM have had teething problems with player contracts‚ which Mulaudzi said was partly due to a logistical nightmare of moving a relatively big club in Wits‚ in its new incarnation‚ to Limpopo‚ and the reluctance of “95%” of that squad to move. “It is official. Cash and Equity (MRQ) ... Insider Net Shares Bought (Mil) Numeric. Initially, his plan was to buy TS Galaxy, which is owned by Tim Sukazi. TTM’s new General Manager, Alpheus Sello says players’ problems are being attended to and some have been resolved. "Even if you look at this season, we’ve been competitive. Hopefully, Mr Masala Mulaudzi, the former president of Tshakhuma Tsha Madzivhandila FC (TTM), is aware of this. Masala Mulaudzi, the TTM chairman, has confirmed that they have sold their status for R10 million. Mulaudzi had acquired the PSL status of the now-defunct Bidvest Wits. He is the owner of the ABC Motsepe League side African All Stars FC. If You Had Bought TTM Technologies (NASDAQ:TTMI) Stock Five Years Ago, You Could Pocket A 69% Gain Today ... the anti-racism secretariat should be funded at a level similar to that of Women and Gender Equality Canada —a full-status federal department with an average annual budget of $134 million between 2018 and 2022. ... — TTM-FC Official Page (@TTM_Original) June 13, 2020. TTM have always been competitive. Safa ‘concludes deal’ with new Bafana Bafana coach, Safa closes in on deal to secure Benni McCarthy as next Bafana coach, Why Benni McCarthy says all he can smell right now is his ‘own perfume’, Orlando Pirates make history for South Africa, Sundowns pitted against Pitso and Ahly, Kaizer Chiefs meet Simba. Dylan Kerr says he was getting ready to consult his lawyer on his dismissal from Baroka FC‚ to visit a friend in Durban‚ and then wait and see what ... Mamelodi Sundowns co-coach Manqoba Mngqithi has praised the management team of newcomers Tshakhuma Tsha Madzivhandila (TTM) for assembling a “very ... Baroka FC coach Thoka Matsimela has welcomed the “huge responsibility” of taking over the reigns at the club. Mulaudzi said the story had destabilised a team “struggling to find our feet” in the Premier Division. ... — TTM-FC Official Page (@TTM_Original) June 13, 2020. Read more at the SA government's online coronavirus portal or use the 24-hour public hotline: 0800 029 999. The multimillion purchase of a 99 years old Bidvest Wits comes in the backfoot of the purchase of Glad Africa TTM status to another businessman in the Province. I’m where I want to be.”. Historically, the PSL statuses that were bought - with the exception of Cape Town City - have struggled in top flight football. TTM’s new General Manager, Alpheus Sello says players’ problems are being attended to and some have been resolved. Insider Net Trades. Reports apparently emerged in Limpopo media that TTM might be for sale already‚ which would be a bombshell development given Mulaudzi’s purchase of 99-year-old Wits went through at the conclusion of the past season‚ in September. "There’s a (Limpopo) group of companies that came and bought it. He came back to us to say he had missed the boat to buy the GladAfrica team‚ could we accommodate him in our structure where he could buy some shares as a shareholder. He even sent them that offer‚ which he had put to us. We are looking for a sponsor like any other team in the PSL.’. “But I don’t know where he [the potential share buyer] then took that offer to‚ where the people then wrote a story. The fundamental data Name is used in conjunction with EasyLanguage reserved words to obtain data and status for the named parameter. Mulaudzi said the reports of the sale had emerged because a previous potential buyer who had failed to purchase the club’s GladAfrica Championship status‚ which was sold to Sekhukhune United‚ had approached TTM recently to purchase shares in the top-flight franchise. PSL chairman, Irvin Khoza, said they are yet to receive an application for the approval of the sale of Wits. If You Had Bought TTM Technologies (NASDAQ:TTMI) Stock Five Years Ago, You Could Pocket A 69% Gain Today ... the anti-racism secretariat should be funded at a level similar to that of Women and Gender Equality Canada —a full-status federal department with an average annual budget of $134 million between 2018 and 2022. Although most of his businesses are in Gauteng and Mpumalanga, Mr Malatjie originates from Polokwane. “We haven’t received any application as the executive. Mulaudzi bought the Absa Premiership Division status from Bidvest Wits FC. Obviously I think there is a group that is busy championing their own agenda‚” TTM’s chairperson told TimesLIVE on Thursday. TTM (TTMI) delivered earnings and revenue surprises of 0.00% and 3.14%, respectively, for the quarter ended March 2021. TTM's chairman now confirms that a for-sale sign has been put up outside to sell their status in order to buy a place in the top-flight next season. “Then‚ after a month or so, I think he got his ducks in a row and raised some funding. “Imagine if we did not opt to buy the Absa Premiership status now and TTM failed to gain promotion at the end of the season; we could have lost everything,” he said. This compares to earnings of $0.18 per share a … AmaZulu were relegated after buying the status of Dynamos, while Thanda Royal Zulu were also sent packing from the elite league after purchasing the PSL status of Benoni Premier United. All rights reserved, Please visit the official Government information portal for Coronavirus by clicking HERE. Cash / Share (FY) Numeric. The Milpark-based club have not commented about the sale of the 99-year-old team. He is the owner of the ABC Motsepe League side African All Stars FC. The sale must still be approved by the PSL Executive Committee. “And we couldn’t wait because we had pressure to buy the PSL status. TTM now is no longer that small thing. Chokoe sent it to me‚ I looked at it and said‚ ‘No‚ we are not looking for a shareholder‚ we are looking for a sponsor.’. TTM claim they've bought Bidvest Wits News Emergency Medical Services company, Protoscape, bought TTM from the previous owner, Lawrence Mulaudzi earlier this year. Wits were due to turn a 100 years old in 2021. Having bought the Premiership status of Bidvest Wits, TTM were often in disarray in their first few months of the season. But Mulaudzi is confident that they won’t fall victim to relegation. Everything is under control and the status is gone. "There’s a (Limpopo) group of companies that came and bought it. “It’s not like it was even a meaningful offer – it was about R15m‚ plus or minus. TTM confirmed it has requested a name change with the PSL, meaning Bidvest Wits will become Tshakhuma Tsha Madzivhandila from the beginning of next season. “We’ve gone through all the leagues in the country. New TTM owner explains why he bought the club ... Sello bought the club from now-former owner Masala Mulaudzi who bought the top tier status of … He couldn’t come up with the funds by that time. INSNETTRAN. Tshakuma Tsha Madzivhandila have bought Bidvest Wits PSL status, along with their entire squad. Another thing that one must know is that TTM sold its status to Sakukhune Football Club because they ere already in the Premier Soccer League. 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