KickOff.com has learnt that a well known North West medical practitioner is preparing a R50-million offer to buy troubled Tshakhuma Tsha Madzivhandila (TTM).
The Limpopo-based club has been struggling financially since buying their way into the PSL following the purchase of Bidvest Wits' status at the end of last season.
TTM have been hogging the headlines for the wrong reasons as reports related to unpaid salaries for their players continue to come out.
It has since emerged that Dr Sello Ntsoko is keen to take over TTM and has dangled a fat carrot in front of club owner Lawrence Mulaudzi, who could be tempted to accept the offer.
According to a source close to Ntsoko, the Brits-based medical practitioner has already spoken to a few teams in the PSL with the view to buying his own team for next season.
"There was talk between him and TTM at the start of the season but now he is preparing to submit a fresh new offer to TTM. It's promising," the source tells KickOff.com.
TTM have already lost Oupa Manyisa, Augustine Mulenga and Brian Onyango to other teams after they were announced to have joined the PSL rookies during the off-season.
Club CEO Sello Chokoe has also been suspended pending an investigation into alleged fraud to the tune of R2-million.
View the most recent high-profile PSL club takeovers below