Gauteng MEC for Education Panyaza Lesufi was asked to meet some of the conditions set by National Soccer League by Friday in the sale of Stars in order to get Swallows back into top flight football, however, with the statement released. Stars Chairman Mike Mokoena confirmed the deal has fallen through.
“Free State Stars football club had been approached by Panyaza Lesufi who offered to buy our club football franchise on behalf of his consortium. We went as far as signing the sale agreement which was subject to certain conditions which unfortunately could not be met by Lesufi or his consortium,” Mokoena was quoted.
Mokoena further added that the club has been going through some financial difficulties, which was the main reason they decided to sell the club.
“When the offer was presented to us, it became a very hard decision to make as football has been part of our lives for many years. However, due to financial constraints that we had to endure for some years, we were left with no choice but to accept Lesufi’s offer.”