Home | Sports | ALLY CAN BE SOLE DIRECTOR – LANDERS’ PATRONS

ALLY CAN BE SOLE DIRECTOR – LANDERS’ PATRONS

Font size: Decrease font Enlarge font

MBABANE – Mbabane Highlanders patrons are willing to give the Managing Director, Chief Ally Kgomongwe free reign as a sole director at the club under the company status.

This was revealed by Patrons secretary, Musa Masuku, who said the South African businessman still has three years remaining in his five-year contract and they are happy with the way he is running the club. Kgomongwe was in a spot of bother as the club’s company registration processes took longer than he had anticipated. He had earlier indicated that those willing to join him in the club directorship must be prepared to pay E4 million for a 25 per cent stake in the club.
As a result of the delay of the club’s company registration, Highlanders players only got paid their September salaries yesterday with those out-of-contracts receiving half-pay.

Lawyers

“We have consulted two lawyers on how we can go about registering the team as a company after having met all the supporters’ and branch chairmen who all approved of the idea. “We want Ally to continue running the club because he has done well. He can be a sole director, we just need to finalise everything with him or his lawyer,” Masuku said. Masuku further revealed that they have secured the name, Mbabane Highlanders (PTY) Ltd in the registration of companies as the process of registration continues.

“There are three types of companies we can register the team under, which is private, public and community. That’s where we need to agree on but in any case, Kgomongwe has a five-year contract with us which must be half way through now. We still want him to run the club,” Masuku added. The Highlanders Patrons were locked in a lengthy meeting last night deliberating on the club’s company registration process.

Finalising

Reached for comment, Kgomongwe confirmed that they are finalising the registration process with the patrons and as a result he then decided to pay the September salaries for the players after a slight delay. “I will also pay the signing on fees for the players as soon as we overcome the company registration hurdle which has been dragging. I even paid players who are out-of-contract because they have families to feed. I can’t just dump them like that because there are issues that need to be finalised,” Kgomongwe said.

Comments (0 posted):

Post your comment comment

Please enter the code you see in the image:

: Political parties
Do you think the political parties system would be good for Eswatini?