PSL EXECUTIVE COMMITTEE STATEMENT

The Executive Committee of the League today considered an application submitted by the Black Gold Trust to transfer the club, Tshakhuma Tsha Madzivhandila to a corporation by the name of Protoscape 202 CC. 

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The application for approval with the requirements of Article 14 of the NSL Handbook, and was consistently approved albeit with conditions. 

The conditions imposed by the Executive Committee included that: the contracts of employment of all players are transferred to the Purchaser;  disputes that may exist will be dealt with by the corporation;  and any awards or rulings handed down must be satisfied by the corporation. 

The club will continue to campaign as Tshakhuma Tsha Madzivhandila