Dube Birds are in a financial mess

24 January 2016 - 02:00 By TSHEPANG MAILWANE

Relegation-threatened National First Division club Moroka Swallows are about R40- million in debt and losing R200000 of their PSL grant to the taxman every month, the Sunday Times has learned. As the financial woes deepen each month, the battle for power between Leon Prins and the shareholders who have wanted him out for years continues.story_article_left1Prins resigned last year as CEO of the Dube Birds but says his resignation was withdrawn and he's been working behind the scenes with Sipho Xulu at the forefront.Board member and former interim chairman Charles Makhubu says Prins "owes people millions" and the Dube Birds may as well be declared insolvent because it would take a miracle for the club to get out of the financial mess.Players and staff have not received full salaries since October and, as if that's not enough, they've received a garnishee order from Sars, who take R200000 from the R350000 grant which Swallows get from the PSL, according to sources.Swallows, relegated from the PSL last year, are bottom of the NFD log and face the added embarrassment of being relegated a second time in a year.Contacted for comment Prins confirmed Swallows owed money. "Yes, the club is in debt. It's tough to move from the PSL to the NFD, but we will deal with it and we've made provision for players to be paid. That's all I will say," Prins said. "I have been with the club, but mostly in the background."He also attacked Makhubu."He was convicted for fraud so I would not even give him the time of day. You cannot be a chairman or a director of a company if you have a criminal record."Makhubu denied knowledge of Prins's claims. "If he has that information on me then it's fine. But my concern is Swallows. I have been with this club for so long and it's never been in this state."story_article_right2Swallows captain Tshepo Moloto said he could not remember when he last received a full salary: "That I don't remember. I think it was about two or three months ago."The financial mess led to the departure of Siyabonga Nomvethe, who stayed loyal to the team when they got relegated but decided to leave earlier this month for AmaZulu."It's not a secret that the team is in financial strain at the moment, where we either get paid half of our salaries or we do not get paid at all," Moloto said."We have families and a lot of players are breadwinners. Players need to get to training and need to eat."The players are not the only ones suffering. An employee, who spoke on condition of anonymity, spoke of his struggle."We have been going without a salary since October. People do not go to the office. If you go, then there is nothing to do. We do not even have tea bags there. We cannot even use the phones. They only receive calls."..

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