Dutch football giants – Ajax Amsterdam have put a stop to their 21-year relationship with Ajax Cape Town.
51 percent controlling stake has been sold by the Dutch club in the South African football team.
The Cape Town-based side made an announcement that Cape Town Stars, the South African minority shareholder of Ajax Cape Town has agreed to take over the franchise.
“Cape Town Stars, the 49% shareholder of Ajax Cape Town, is pleased to announce that they have reached an agreement to acquire the 51% share of the GladAfrica Championship franchise from Ajax Amsterdam with effect from 1 October,” the Urban Warriors said in a statement.
“After 21 years of partnership with their Dutch counterparts, Cape Town Stars will be acquiring full control of the South African club.”
“Cape Town Stars will shortly be in a position to advise on the way forward with regards to the future of the franchise.”
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