Consortium expresses interest in buying TS Galaxy

United States News News

Consortium expresses interest in buying TS Galaxy
United States Latest News,United States Headlines
  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 75%

⚽ TS Galaxy owner Tim Sukazi has been advised to sell the club due to severe financial struggles. TSGalaxy TheCitizenSport Read the full story ⬇️

The financial problems facing TS Galaxy are said to be even more severe than meets the eye.

Tim Sukazi is not willing to sell his club despite allegedly drowning in bad finance. Picture: L:fty Shivambu/Gallo Images. Whispers have suggested that TS Galaxy owner Tim Sukazi has been advised to sell the club due to its financial struggles. The Rockets have reportedly failed to pay some of their players and staff members, causing concern among those involved with the club.

Sukazi is understood to have been using his own funds to keep the club afloat, but it seems that this may no longer be sustainable. According to sources speaking to Phakaaathi, a consortium of business people has expressed an interest in buying the club.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheCitizen_News /  🏆 6. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gallants' Survival Hopes Dented After Galaxy Stalemate | Soccer LadumaGallants' Survival Hopes Dented After Galaxy Stalemate | Soccer LadumaMarumo Gallants were unable to boost their survival push in the DStv Premiership after playing to a goalless draw with TS Galaxy. SLSiya Read more:
Read more »

TS Galaxy dent Gallants' survival push | KickOffTS Galaxy dent Gallants' survival push | KickOffMarumo Gallants FC and TS Galaxy settled for a share of the spoils in the DStv Premiership after a goalless draw on Sunday afternoon. Read more ▶️
Read more »

Starting XI: Gallants v TS Galaxy | Soccer LadumaStarting XI: Gallants v TS Galaxy | Soccer LadumaTS Galaxy will be looking to put their off-field troubles aside when they take on relegation-threatened Marumo Gallants this afternoon.
Read more »

Starting XIs: Gallants v TS Galaxy | KickOffStarting XIs: Gallants v TS Galaxy | KickOffMarumo Gallants FC entertain TS Galaxy in the DStv Premiership at the Toyota Stadium on Sunday afternoon.
Read more »

The next step to business success – Mecer Inter-Ed and Microsoft’s Partner Skilling AcademyThe next step to business success – Mecer Inter-Ed and Microsoft’s Partner Skilling AcademyMicrosoft and Mecer Inter-Ed’s MEA Partner Skills Academy is offering free Emerald packages for a limited time only.
Read more »

3 in 4 African Govts Spend More on Arms, Less on Farms3 in 4 African Govts Spend More on Arms, Less on FarmsThree-quarters of African governments have already reduced their agricultural budgets while paying almost double that on arms, writes Baher Kamal for Inter Press Service. Africa is home to a quarter of the world's entire agricultural land. Nevertheless, in the 12 months that African leaders vowed to improve food security in the continent, over 20 million more people have been pushed into "severe hunger." The majority of African governments (48 out of 54) reportedly spend an average of 3.8% of their budgets on agriculture -some spending as little as 1%. Nearly three quarters of these governments have reduced their agricultural spending since 2019, failing to honour their Malabo commitments to invest at least 10% of their budget on agriculture. In 2014 African leaders signed the Malabo Declaration, which stipulated that African governments must spend at least 10% of their budget on Agriculture and supporting farmers. In contrast, "African governments spent nearly double that budget (6.4%) on arms in 2022. Ongoing conflict, especially in Sahel and Central Africa, has continued to destroy farmland, displace people and fuel hunger." Oxfam reports that climate change is fuelling hunger for millions of people around the world. "Extreme weather events have increased five-fold over the past 50 years, destroying homes, decimating livelihoods, fuelling conflict and displacement, and deepening inequality. Climate change has resulted in more frequent and intense droughts, floods, and heat waves.
Read more »



Render Time: 2025-03-03 14:44:42