Revealed! The latest EPL transfer rumours and done deals this offseason
Football![Revealed! The latest EPL transfer rumours and done deals this offseason](https://images.sportsbrief.com/images/320x180/1376aa31cca0eff6.webp?v=1)
The inevitable has happened regarding the Premier Soccer League, Cape Town City and FNB.
League prosecutor Zola Majavu announced last night that the Cityzens had been charged for their sponsorship agreement with the financial institution. This was because the PSL alleges that the club did not gain approval, as the deal would have conflicted with the league's sponsorship by Nedbank.
According to TimesLIVE, Majavu said:
“Cape Town City stand charged for failure to obtain prior approval from the PSL executive committee in accordance with the compliance manual before the conclusion of a new or an amended sponsorship agreement with a particular bank."
Revealed! The latest EPL transfer rumours and done deals this offseason
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“In accordance with the rules they ought to have sought and obtained approval before concluding the agreement. In this instance the allegation against them is that they did it the other way around. They will appear before the DC on Monday at 6.30pm.”
This is a highly undesirable turn of events for the troubled City. Club chairman John Comitis told the Sunday World that he hoped the matter would be speedily resolved without the need for a legal showdown.
Cape Town City's 2022/23 season is playing out like a twist-filled soap opera.
As reported by Sports Brief, the club has had a dreadful start to their DStv Premiership. The Cityzens are rooted firmly at the foot of the table after losing their first three matches of the campaign.
As an impending disaster plays itself out on the pitch, the club is currently at loggerheads with the Premier Soccer League in the boardroom over its sponsorship by FNB, which the league called this ambush marketing because of its own partnership with Nedbank.