Wealthy Shauwn Mkhize must sell his Rolls Royce to finance his Royal AM FC football team
The DA has asked multimillionaire businesswoman Shauwn Mkhize to sell one of her luxury Rolls Royce vehicles to fund her football team, Royal AM FC. The DA brought out the guns in MaMkhize, as the businesswoman is fondly known after eThekwini Municipality decided to sponsor her team to the tune of R 5.25 million per year for the next three years.
This decision did not please the prosecutor, who called the proposed sponsorship a parody and abuse of power. The DA argued that since MaMkhize is already wealthy thanks to some deals involving the city, it should not seek to binge more at the expense of taxpayers. Instead, they argue that she should sell some of her luxury Rolls Royce vehicles to fund her football team.
DA caucus leader Nicole Graham opposed the city’s proposal to sponsor Royal AM FC, saying:
“The owners of Royal AM are incredibly wealthy and they’ve made their wealth through the city’s tenders. Telling the townspeople that we will use millions of their money to sponsor those who are so wealthy is not about town development, but about mismanagement of funds.
“They bought a club not too long ago for R50m and owned Rolls-Royces; this proves that Mkhize has influence in the city. She has to sell one of her Rolls-Royces to finance her team. It’s a joke and an abuse of power, ”Graham said.
The municipality of eThekwini, on the other hand, is offering to partner and sponsor three local football teams, Royal AM FC, Lamontville Golden Arrows FC and AmaZulu FC, arguing that it is good for the city. According to the city, working with the clubs would strengthen the city’s profile in a win-win situation.
Exco member Sipho Kaunda defended the controversial Royal AM FC sponsorship of Shauwn Mkhize by saying:
“This was not a loan or funding for the club, but an opportunity to energize the city in terms of marketing the city and using Royal AM to achieve it.”
MaMkhize also defended the sponsorship, saying that in the long run the deal would ultimately benefit the city.
“The initiative may not have a direct impact on taxpayers, but will contribute to the development of young people because the club will have initiatives for them.
“They will be part of a competitive sport and could one day be part of the teams. They will in turn become professional footballers and contribute to the tax system in the form of taxes, which will then be used to improve infrastructure for all taxpayers. It is a process.
All members of the Exco, excerpt for the DA, approved the request to continue its sponsorship to all clubs.
Earlier this year, it was reported that Royal AM FC were struggling to pay decent salaries to club players and that sponsorship deals were timely.
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