Wits' future in domestic football looked dead and buried after their status was sold to Limpopo businessman Lawrence Mulaudzi.
The Students were later renamed Tshakhuma Tsha Madzivhandila before Mulaudzi sold it again to Polokwane businessman Abram Sello.
Former Baberwa boss Joe Seanago, who is now with newly formed Gomora United, has confirmed that the club is under new ownership.
"Yes, we sold the status of Baberwa to Wits. Unfortunately I can't reveal to you the amount that was paid," Seanego tells snl24.com/kickoff.
Wits have roped in former University of Pretoria coach Steve Matlou as part of their technical team while John Matlala has been appointed as the club's manager.
Maccabi FC to Swallows FC (2019)
Thanda Royal Zulu to AmaZulu (2018)
Platinum Stars to Cape Umoya United (2018)
Mpumalanga Black Aces to Cape Town City (2016)
Bay United to Polokwane City (2012)
Mbekweni Cosmos to Chippa United (2010)
Benoni Premier United to Thanda Royal Zulu FC (2007)
City Pillars to Mpumalanga Black Aces (2007)
Silver Stars to Platinum Stars (2007)
Wits University to Bidvest Wits (2006)
Tembisa Classic to Maritzburg United (2005)
Bidvest Wits to Tshakhuma Tsha Madzivhandila (2020)
Highlands Park to TS Galaxy (2020)