Tshakhuma Tsha Madzivhandila (TTM) CEO Sello Chokoe has confirmed the club will not be needing the services of Gavin Hunt next season.
This comes after TTM claimed to have successfully completed the purchase of the Students following weeks of speculation.
Chokoe said while Hunt is a highly respected coach, TTM cannot afford him at this stage, and therefore the 55-year-old mentor has already been told to look for a job elsewhere.
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Hunt had a year left on his current contract with the Students.
"Coach Gavin Hunt is highly respected and a good coach but unfortunately we won't be able to afford him hence we said he can look for a job elsewhere," Chokoe told TimesLIVE soon after the announcement on Saturday.