Sibongiseni Gumbi
Football Writer
3 minute read
12 Jun 2022
8:38 am

New club owners learning the hard way that ‘football can kill you’ financially

Sibongiseni Gumbi

To have a successful team in the professional ranks takes time and proper investments.

AmaZulu President Sandile Zungu has foud the going tough in his second season as club owner. Picture: Gerhard Duraan/BackpagePix.

Some new club owners in the PSL have reportedly found themselves near bankruptcy, because they have found the costs of running their teams steeper than they anticipated.  ALSO READ: Gallants will not be dancing to Dan Malasela's tune anymore It is, however, their overzealousness that makes them look for immediate success and to compete toe-to-toe with teams who have experienced administrators running them.  To have a successful team in the professional ranks takes time and proper investments. Pitso Mosimane is one big example of this. While his biggest success locally was at Mamelodi Sundowns, it all started at SuperSport United....