By Sports writer
KWEKWE UNITED owner, Phil Makekera has announced that he is relinquishing his shares in the team.
This ends months of speculation over the team’s future.
While not devulging details of the new ownership structure, Makekera noted that he will remain a minority shareholder at the troubled side.
The local business community and the Kwekwe community will take a more pronounced role at the club.
“I have decided to relinquish my shares in the club to the local community for free and to the business community of Kwekwe,” he said at a press conference held in the capital on Monday.
Silobela legislator, Jonah Nyevera will be one of the representatives for the local community, Dr Solomon Matsa will represent the business community.
“To the free shares that I have given to the Kwekwe community, the community is being represented by Jonah Nyevera from Silobela,” he added.
“I have also given shares to the local business community represented by Dr Solomon Matsa. I have also retained some shares in the football club”
The Gold boys as the team is affectionately known sits bottom of the Castle Lager Premier Soccer League with nine points from 24 matches.
They have struggled to get by in the league, with players going on months without salaries.
Makekera believes the decision to involve the Kwekwe community will bring stability to the side.
“Personally, I have been bankrolling the team and I believe it is important to have the Kwekwe community aboard,” Makekera added.
“As has been the case, the community has always rallied behind the team, this opportunity gives a sense of belonging because I feel they will be part of the decision making of the team.
“It’s no longer a one man band,it involves the community and they have a say in how the team is run and the direction of the team.”
