Wits boss gets red card
Soccer boss gets red card
A Joburg company has applied for a court order to give the new owner of Bidvest Wits Football Club Lawrence Shumani Mulaudzi and his company the marching orders from their premises for failing to pay rent.
The ejection order was applied by Acucap Investment at the Joburg High Court to red-card Mulaudzi and his company, Black Oil and Gas, from the premises.
The two have been given 10 days to indicate whether or not they would oppose the application.
In the application papers, which are in our possession, Acucap national credit manager Walter Kruger said Black Oil and Gas, represented by Mulaudzi, and Acucap represented by Carolyn Cookson and Leanne Sowary, signed a lease agreement on December 31 2018 for him and his company to ply their trade from the premises.
This after Mulaudzi signed papers binding himself as the surety and co-principal debtor for his company on August 30 2018.
In terms of the lease agreement, Mulaudzi and his company were expected to pay over R38 700 for the office space, over R5 300 for two basement parking bays and more than R1 000 for open-parking bays.
They were also responsible for payment of utilities they would have used.
Kruger said Mulaudzi and his company breached the lease agreement when he failed to remit rental payment, and as a result they were over R316 416 in arrears and ancillary expenses.
He said their attorney of record delivered the letter to Mulaudzi and his company on May 4 2020 via e-mail, demanding payment of the arrears due.