Image Copyright – Steve Haag Sports
The funds were set to be put towards acquiring a PSL franchise, with Wits named as a potential option.
When ask if the club was being purchased, Wits board member George Mogotsi explained he was unaware of such news, telling KickOff: “I am surprised. I read about everything said in the media. I don’t know anything.
“You are the first publication to call and ask me. I am just as surprised as everybody. Everyone including staff and players are still at home and nothing has been communicated that the club is being sold.”