In this episode, Jabu is joined by tax lawyer Louis Botha and Director of Cash n Sport Research, Nqobile Ndlovu, for a comprehensive discussion the firesale of Royal AM amid tax debts incurred by its owner, Shawn Mkhize. Jabu, Louis, and Nqobile break down the legal, financial, and sporting implications of the case, analysing how it fits into the broader context of South African football.
Topics covered include Shawn Mkhize's longstanding tax dispute with SARS, the extensive powers that the curator bonis Jacob Venter has over Royal AM, the unsuccessful bid by Roy Moodley for Royal AM, what happens if the curator does not receive satisfactory bids for the club, and what the Royal AM case reflects about the PSL clubs' corporate governance and financial sustainability.
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