GIYANI – The number of teams that are affiliated to the Premier Soccer League (PSL) is likely to be reduced to 15 in the distant future, if the possible liquidation of one of the Limpopo-based clubs, Dynamos, succeeds as planned.

Three of the Dynamos co-owners, Tirhani Mabunda, Mike Nkuna and Hebert Theledi, who have a 49% shareholding in the club, filed for its liquidation last Friday. According to the spokesman for the minority shareholding group, Mr Tirhani Mabunda, the decision was reached after the majority shareholder, Mr Pat Malabela, had allegedly failed to pay the amount agreed to buy out the trio when the team were promoted to the elite league two seasons ago.

The Chief Executive Officer of the PSL, Mr Trevor Phillips, at the time of going to press insisted that his office has received no document in that regard. In an interview, Malabela stated that the trio were never co-directors of the club. He stated that he has all along been purporting that there are people who are going all out in trying to destabilise the club, and that the time has come for those elements to come to the fore.

He reiterated that if there is anybody who wants to buy shares from the club, they must talk to him through the correct channels instead of creating some false impressions with the public, by claiming that they own some shares in the club. Mabunda further stated that they were partners with Malabela when Dynamos were still in the First Division, and that they preferred to keep a low profile and allowed Malabela to be at the forefront. He said that Malabela later vanished and started to work alone, without reporting to them of any developments within the club.

He further stated that, after gaining promotion to the elite league, they agreed to sit down and plan the way forward. It was during that meeting that, according to Mabunda, Malabela told them of his intention to buy them out. "Although we agreed to be bought out, the man has as yet not paid us the amount that we have agreed on," he said.