Shauwn Mkhize, also known as MaMkhize, is no stranger to the spotlight.
A successful businesswoman and owner of the Royal AM Football Club, she’s known for her wealth and lavish lifestyle.
However, her fortune seems to be taking a turn as she’s currently facing legal battles and mounting financial issues.
Royal AM Faces Financial Crisis and Legal Battles
Recently, MaMkhize’s name has been all over the news due to a series of court cases involving the South African Revenue Service (SARS).
Despite her best efforts, MaMkhize lost her attempt to take full control of Royal AM after a legal battle over the club’s finances.
The debt has reportedly reached a staggering R40 million, which has put immense pressure on the club’s operations.
Club Under Curatorship and Matches Postponed
This year, it was revealed that Royal AM had been placed under curatorship due to the massive financial strain, and as a result, the club hasn’t played a match since December 2024.
The Premier Soccer League (PSL) has yet to give a comprehensive update on when the team will return to action, and fans are eagerly awaiting news about the future of their beloved club.
Rumors Point to Potential Sale of Royal AM
Speculation surrounding the club’s future reached new heights recently when rumors circulated that the curator would be recommending the sale of Royal AM.
Reports suggest that if a buyer cannot be found, the club may face liquidation.
While this news hasn’t been officially confirmed, the situation is dire, and the clock is ticking.
Andile Ncube Confirms the Rumors on Social Media
Famous sportscaster Andile Ncube added fuel to the fire when he took to social media to confirm the rumors about the club’s potential sale.
His viral post sent shockwaves through the football community, with many fans expressing their sadness over the potential loss of the team.
However, no official statement has been released by the PSL or MaMkhize’s team yet, leaving many questions unanswered.
Mounting Debts and Financial Troubles for MaMkhize
MaMkhize’s financial troubles have been escalating over the years.
A few years ago, it was reported that she owed R12.7 million, but that number has ballooned significantly.
Her club’s debt reached R37 million after a court ruling requiring the club to cover Samir Nurkovic’s full contract.
Today, that debt has surpassed R40 million, further complicating her financial standing.
The Raid on MaMkhize’s Mansion and Seized Assets
Things took a more dramatic turn when SARS, frustrated with MaMkhize’s lack of cooperation, raided her luxury La Lucia mansion.
The raid saw some of her expensive assets being seized, adding to the tension surrounding her financial struggles.
The situation has only gotten worse as SARS continues to target the club, which could now be on the brink of being sold off.
Looking Ahead: What’s Next for MaMkhize and Royal AM?
With all these issues unfolding, it remains to be seen what the future holds for MaMkhize and her beloved football club.
Fans and followers are eagerly waiting for an official statement that will confirm the fate of Royal AM.
As for MaMkhize, she faces a tough road ahead in resolving her debts and keeping her business afloat.
This article was published on TDPel Media. Thanks for reading!
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