Bidvest Wits have finally confirmed they have reached an agreement for the sale of their franchise to Tshakhuma Tsha Madzivhandila (TTM).
The Clever Boys explained their decision to sell their Premier Soccer League (PSL) status to the National First Division (NFD) side, Tshakhuma.
However, the Braamfontein-based side explained that this has yet to be ratified by the PSL Executive Committee.
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The following statement was released on the club's official website.
"Bidvest and TTM have reached an agreement for next season subject to PSL Exco approval regarding the sale of Bidvest Wits Football Club.