George Comitis

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Ajax court case to continue in May

Ajax Cape Town directors will be back in court on May 11

Posted: 30 March 2012 Time: 6:58 pm

Ajax Cape Town directors will be back in the spotlight on May 11 when the alleged 'power struggle' case resumes.

The Comitis and Efstathiou families – the shareholders of Ajax Cape Town – were in court on March 22 and now a new date has been set for court.

The power struggle has ensued between the Comitis brothers – John and George – and the three Efstathiou brothers, Ari, Alexi and Nic.

According to George Comitis, the case will continue in May.

“I can't speak to you about it, because the case is sub judice [under judgment] so it is not finished yet,” he tells KickOff.com. “It will carry on in May on the 11th,” Comitis adds.

Ari Efstathiou has applied to the Western Cape High Court to have John Comitis removed as a director of the club through an arbitration process.

Court papers allegedly reveal that Ari Efstathiou has accused John Comitis of abusing his authority in relation to, among other things, the allocation of World Cup tickets and a cumulative amount of R3.5 million which Comitis received from the PSL board in 2008 that he shared in the broadcasting rights bonus, but allegedly pocketed the cash "without correct disclosure" to the Ajax board.

However, John Comitis has stated that the R3.5-million payment was "ex gratia", meaning a sum of money paid when there was no obligation to do so.

The matter was complicated even further last year by Ajax Amsterdam's former chief executive Rik van den Boog, who declared John Comitis as the club's "honorary life chairman" of Ajax Cape Town, allegedly without informing the Efstathious.

The Comitis brothers have allegedly applied to the High Court in Cape Town to liquidate the company run by the two families, which owns 49 percent of the club, but Ari Efstathiou is apparently opposing the court action because the liquidation would lead to an "uncertain future" for Ajax Cape Town.

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Article by: Tiyani wa ka Mabasa

Previous comments on this story...

Anonymous
posted: 08:14 am
That's want I'm sceptical about partners in business."Everyman for himself"
Anonymous
posted: 08:15 am
That's why I'm skeptical about partners in business."Every man for himself"
lmothibi
posted: 04:50 pm
TP stand for Thapelo o Polo
Anonymous
posted: 05:01 pm
Lekwa!

Clearly you thrive out of insults.Yesterday you did the same with Diehardbucs & he nicely put you in ur little corner.

I wanted to insult you back but I decided that I will be stooping to ur level.You are unhappy child Lekwa.Instead of posting something constructive you wait to insult others.

I'm sure that's how you talk to ur parents?
Anonymous
posted: 04:03 pm
I wish VV pls take this cup b4 u go
Anonymous
posted: 04:08 pm
I wish 4 all kc players bring the pls title at nature
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