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Mamelodi Sundowns Football Club owner Dr Patrice Motsepe buys another club.

Motsepe
Confederation Of African Football(CAF) president Dr Patrice Motsepe and Federation Of International Football Association(FIFA) president Gianni Infantino.

Mamelodi Sundowns owner Dr Patrice Motsepe is a business tycoon that owns a lot of business related to sports.

He is rumoured to have added another club to his ever growing sports empire.

IN OTHER NEWS: Nabi Put His Deal To Kaizer Chiefs In Jeopardy?

MOTSEPE’S LATEST ACQUISITION!

Alongside another South African billionaire Johann Rupert, they have purchased 74 percent(controlling stake) in another South African rugby club, Boland Cavaliers.

The pair also own majority shares in another South African rugby powerhouse, the Blue Bulls , through their consortium.

WHAT IS THE CONSORTIUM BETWEEN THE TWO ALL ABOUT!

The consortium between the two billionaires is to nurture and grow talents across the nation.

With Dstv Premiership side Stellenbosch Football Club being the prime example of that.

The club’s rise from the second tier of South African football to the top tier is an example of what the duo is doing.

IN OTHER NEWS: Kaizer Chiefs Fans In Limpopo Give Eric Mathoho A Proper Farewell

WAITING FOR APPROVAL!

However, the deal is not over the line as yet, as despite receiving approval from 216 clubs related to Boland, the sale of the club is pending clearance from South African Rugby and other clubs.

Upon receiving it, Boland will become the first non-franchise union to have a private owner.

IN OTHER NEWS: Gone Boy| Kaizer Chiefs Star Ties The Knot

WHERE THEY RANK WHEN IT COMES TO WEALTH IN AFRICA!

Motsepe and Rupert’s wealth rise with each passing day, and it comes as no surprise to see them ranking high in Africa’s richest people’s list.

Rupert is currently the richest man in Africa, while Motsepe wealth has grown by $200 million.

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