FS Stars sold for R12m to Mpumalanga businessman!

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Free State Stars has been sold and will be relocating to Mpumalanga.
Free State Stars has been sold and will be relocating to Mpumalanga.

Bucks Mthombeni, businessman owner of GladAfrica Championship side Casric FC, is the new owner of Free State Stars.

It's understood that the Motsepe Foundation Championship side has been sold for R12 million as a going concern.

More than four sources have confirmed that the club has been sold to Mthombeni and will be relocating the club to KwaMhlanga in Mpumalanga.

However, our sources have refused to be named as they're all not authorised to talk on the club matters.

Talks of the club being on sale first surfaced in February this year but the Mokoenas - Rantsi and his brother Kootso - have been having their own differences in terms of the future of the club and denied the reports.

The club was started by their late father, Mike Mokoena and it has been struggling in the then GladAfrica Championship, a national first division league which is now sponsored by the Motsepe Foundation.

It's also unclear whether the application for change of ownership of the club has already been filed with the PSL.

But SunSport understands that the players have been told to relocate to Gauteng, including coach Paulos Masehe.

Minibuses have been arranged for the players to travel from Bethlehem to the Capital City, Tshwane on Wednesday where everything will be made clear.

"Bucks is one big businessman and will be taking the club to greater heights. He's been in football administration, and he's the one who's contraction company renovated the KwaMhlanga Stadium," said our source.

"It's what it is. It's tough. Someone from Gauteng is the new owner. We were told to go there, and left no place for questions. Our future has been left hanging," said another source at the club.

"We were never told anything. There's only two officials that will be travelling down with the team, but other staff members will stay behind,"said a player who is not sure what the future holds. 

Kootso Mokoena referred all enquiries to his brother Rantsi who could not be found for comment after numerous attempts to get his comment.

SunSport has tried to get hold of Mthombeni to no avail.

However, the SA Players Union (Safpu), is watching at the sale with wide open eyes and and are already a step ahead in terms of validating the sale reports.

Safpu president, Thulaganyo Gaoshubelwe, said they were due to meet as an organisation on Tuesday to "map a proper way forward and draft a letter to the PSL to understand the status.

"In terms of the handbook of the PSL, it's clear what needs to happen.  We will be meeting up with the players to understand what is going on, it's an exercise that the office has been doing hence we're meeting.

"We need to know who has what contract, what's happening so that we can find a proper solution for them when we meet with the club. Once we've gathered that information then we will tell the league that this is what is happening.

"We need to tell the league, once they approve anything, they must be aware of the contracts, if we have 15 players with contracts going... what's going to happen?

"We need to look at contracts and have a proper solution on the matter. When the club changes hands, it shouldn't affect livelihood of the players."

Gaoshubelwe said they are just gathering information on the official confirmation of the reported sale.

But SunSport can reveal that documents have already been prepared, signed by both affected parties and just ready to be submitted to the league for perusing and ratification. 

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