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Van Wyk On Club Sale Talks To Chiefs & Financial Struggles

JVW FC co-founder and assistant coach Janine Van Wyk says the club remains open to ideas in their quest to find solutions for their financial challenges.

The Hollywoodbets Super League side have started a back-a-buddy campaign to raise funds, R650 000 to be exact, and they are finding hard to keep up. The club caters for a few development sides whose registration fees help here and there and a grant from the Gauteng provincial government however the first team, the Blue Diamonds is the one struggling most.

Last year, they held talks with Soweto giants Kaizer Chiefs over a possible sale of the franchise, but the deal collapsed.

In her chat with iDiski Times writer Lethabo Kganyago, in edition 172 of the newspaper, the former Banyana Banyana skipper detailed on the challenges they face as a club and that they have not closed the door on possible future partnerships as they cannot give up everything the club has worked hard for.

“Well, look I think our doors are always open and our minds are always open to finding the best solution to go forward,” van Wyk told iDiski Times.

“Whether that is partnering with another club, where it’s under one banner I don’t know, but at the end of the day we don’t want to just give up everything, what we have worked hard for.

“But we are also not reluctant to sit around the table and discuss and find solutions to keep the brand afloat but also partner with someone that can help us sustain for a long term. So, it’s not that we are reluctant to listen to ideas and ways to go forward with the team.

Van Wyk admitted that the challenges have seen the club asking themselves tough questions if they should sell and start afresh because it has become expensive to run.

“You find yourself considering if it will be safer or cheaper to sell a team and start afresh with a SASOL team that you can build your way up because it has just become so expensive and very difficult to sustain,” added Van Wyk.

“It’s becoming stressful as a football club and as an owner. You don’t know what’s going to happen next season. Will you be able to compete at this level because one, you need to try and figure a way out. Do you limit the cost of salaries? But if you do that you might lose a lot of players to other teams.

“So, there’s a lot to consider but it just becomes a nightmare with not having enough funds to sustain and I can just imagine with other teams that perhaps don’t have other resources. I mean one we are helped a little bit by the development because we charge fees and so we do have a little bit of money to spend here and there but it’s really nothing which is why we went the crowd funding way.

“It’s difficult because you just start thinking is it easier to just sell the status of our franchise but you don’t want to do that because we’ve worked so hard to get to this level.

“We are a top team that’s competing in the Hollywoodbets league with the challenges that we still have. So, we just need to find solutions to our problems.”

You can read Van Wyk’s full interview with Kganyago in edition 172 when you subscribe to iDiski Times WhatsApp channel.

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