More Woes for Royal AM: SARS Demands Over R37 Million from “MaMkhize” as Ex-Kaizer Chiefs & Mamelodi Sundowns Stars Await Payment from PSL Club
Introduction: Royal AM, the Premier Soccer League (PSL) club owned by businesswoman Shauwn “MaMkhize” Mkhize, is currently embroiled in financial turmoil.
As the team faces mounting challenges, SARS (South African Revenue Service) has demanded a staggering R37 million in unpaid taxes from MaMkhize.
Meanwhile, former players from Kaizer Chiefs and Mamelodi Sundowns are still awaiting payment from the club.
SARS Demands R37 Million from MaMkhize: A Tax Bill Nightmare
- In October 2023, MaMkhize found herself in a legal battle with SARS over unpaid taxes. The High Court of South Africa ruled against her, ordering her to pay R37,915,549.77.
- The court issued a Warrant of Execution, directing the sheriff to attach and remove movable property from Royal AM.
- The tax bill has put immense pressure on MaMkhize, who had previously been celebrated for her luxurious lifestyle and affluence.
- The R37 million debt has significantly impacted her financial standing and reputation.
Royal AM’s FIFA Transfer Ban and Outstanding Payments
- Royal AM is not only facing tax woes but also grappling with other financial obligations.
- The club owes former player Samir Nurkovic an outstanding R12 million payment. Nurkovic, who played for both Kaizer Chiefs and Mamelodi Sundowns, has been waiting for compensation for over 24 months. During this period, he was injured, and the club failed to fulfill its payment obligations.
- As a result of these financial irregularities, FIFA imposed a transfer ban on Royal AM. The club is prohibited from signing any new players for two seasons.
Conclusion: A Challenging Period for Royal AM
- The combination of SARS’s hefty tax demand and the outstanding payments to former players has left Royal AM in a precarious situation. MaMkhize’s once-glamorous club now faces significant financial hurdles, affecting both its reputation and its ability to operate effectively in the PSL.
As the legal battles continue, Royal AM must find a way to settle its debts and regain stability. Fans and players alike are anxiously awaiting a resolution to this financial crisis.