What is the Price of Purchasing Kaizer Chiefs?

What do you think the price tag would be to acquire Kaizer Chiefs from the Motaung family? Maybe it’s time to crack into your piggy bank.

Whatever seems to have a value, according to financial experts, but a football team’s worth is sometimes very hazy, and Kaizer Chiefs is no exception.

Even if Kaizer Chiefs have had setbacks on the field, the team’s reputation and market value are still quite strong.

The players on Kaizer Chiefs’ roster shift a lot over time, despite the fact that many would contend that many of them have inflated prices.

What is the Price Range to Buy Kaizer Chiefs?

The first barrier to determining Kaizer Chiefs’ asking price is the present owners’ disinterest in discussing a sale.

It doesn’t appear that the Motaung family will be able to acquire Kaizer Chiefs anytime soon.

Kaizer Motaung Senior started the organization in 1970, and it has since expanded to become the most decorated football team in South Africa.

Currently valued at an estimated R1.2 billion, Motaung Senior is thought to be in the market for a sale, and a discussion about a possible transaction would only start if a buyer made an offer that was likewise above R1 billion.

It appears improbable that a South African individual or even consortium could persuade Kaizer Chiefs to sell, considering that individuals such as Johan Rupert and Patrice Motsepe already have a foothold in football club ownership.

Ballpark Figure

Owner of TS Galaxy Tim Skukazi said some years ago that Kaizer Chiefs will cost the buyer at least R1 billion, if not more.

According to Sport24, Sukazi stated in an interview with the South African Football Journalists’ Association that “if you’re talking Kaizer Chiefs or Orlando Pirates or [Mamelodi] Sundowns, then you’re talking something else, maybe even R1 billion.”

“Purchasing Kaizer Chiefs for less than R1 billion is not a possibility. You have to check out what the club has to offer.

Under the sponsorship of Vodacom, they may have spent as much as R75 million or R80 million on their own. After that, Toyota and the remaining sponsors are included.

“From a sponsorship standpoint, it’s a well-decorated club with tangible value. Their sponsorships would be of the order of R150 million or so before you wake up.

“And there are other factors that will be taken into account in the pricing model, such as their player values, goodwill, and rich history.”

As the club is unlikely to leave the Motaung family anytime soon, this is obviously just guesswork.