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Kaizer Chiefs clarify club sale rumours amid Saudi Arabia links

The Soweto giants labelled the report as fake news with team set to face TS Galaxy on Saturday in their final PSL game of the 2020/21 PSL season

PSL heavyweights Kaizer Chiefs have dismissed rumours indicating that the Naturena-based club is up for sale.

News circulated on social media that the Glamour Boys could be sold to an unnamed Saudi Arabian oil company this week.

It was said that Chiefs club chairman Kaizer Motaung is seriously considering an R512-million offer from the Asian company.

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Furthermore, the report indicated Amakhosi were struggling financially and that they have parted ways with sleeve sponsors Hollard, who are a local insurance company.