The decision comes amid significant governance issues, regulatory non-compliance, and allegations of misrepresentation related to the club’s ownership structure.

Sebata Consolidated entered into a five-year agreement with the club in June 2024, with an initial investment of $500 000 to support the team’s day-to-day operations. However, less than a year into the deal, Sebata has withdrawn, citing unresolved disputes regarding the true ownership of the club.

--ChannelAfrica--