HomeSportSoccerAjax deny liquidation reports

Ajax deny liquidation reports

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CAPE TOWN — Ajax Cape Town have moved swiftly to refute reports the club faces liquidation because of a family feud that has split the shareholders.

Report by Supersport

A statement from the club’s chief executive officer George Comitis denied that the club could go under because boardroom conflict could not be resolved.

“It is common knowledge that the club has borne the brunt of feuding between the Comitis and the Efstathiou families who own Cape Town Stars, the company that holds 49% of Ajax Cape Town, in conjunction with 51% majority shareholder, Ajax Amsterdam,” the club said on Tuesday.

“The allegations were made following an announcement by Ari Efstathiou that a Cape Town Stars board meeting will be held on Thursday (today) at which the future of the club will be discussed.

Comitis said that there were no grounds for liquidation and it would be completely unjustifiable to jeopardise the livelihoods of professional soccer players who play for the club, their coaches and the staff as a whole for the personal gain of a few individuals.

“Ajax Cape Town has a proud history that has been built over the past 12 years and represents dreams of thousands of kids wishing to become professional soccer players. Ajax is much stronger than the few individuals who wish to allow a hidden agenda to jeopardise the dreams of these kids as well as the livelihood of our players, our youth players, our coaches, our staff, not to mention letting down our massive support base across South Africa,” he said.

“Ajax Cape Town together with Ajax Amsterdam will do everything in their power to ensure the club remains a reliable and valuable member of the South African football fraternity.”

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