The club was founded by Norman Mathobisa and Victor Mahatane in 1969. Tshabalala acquired Celtic ownership from former player and businessman Jimmy Augousti in 2014.He’s on record as saying the staggering costs of running the club were too much to bear.The financial situation was compounded when a cellular network company pulled out as Celtics title sponsor. They administered the club until the early 1980s when financial challenges forced them to sell the club to Petrus "Whitehead" Molemela.After only three years out of the top-flight, the club regained its PSL status with an impressive season in 2003–04 when they were crowned First Division champions. The ultimate goal of the supporters was to raise R6 million per month.Magnitude 7 earthquake rocks Indonesia’s Lombok island: USGS,Patricia Kopane steps down as Free State DA leader,Mixed reactions as thousands of teachers are expected to report back for work,State Capture Commission to hear of R1 bln Housing Free State Project on Monday,SA to move down to Alert Level 1 at midnight,City of Tshwane suspends senior manager over alleged irregularities,TERS to continue assisting unemployed people,SASSA beneficiaries given six days to change payment method for grants,City of Joburg demolishes extension to Soweto house,Capitec, Nedbank explain ‘technical error’ in debit transactions,‘I saw it in my dream’: Kupelo on post saying East London journalist will die,Quinton de Kock will not be test captain: Boucher,Nehawu to meet with President Ramaphosa on Wednesday,Organisations in Potchefstroom concerned about poor state of heritage sites,Case against Vereeniging serial rapist postponed,Emotions run high at meeting between Minister Cele and farming community in Normadien.
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Following media reports that Bloemfontein Celtic was set to be sold to TS Galaxy owner Tim Sukazi, Free State businessman Lebo Mokoena has confirmed the club will remain in the City of Roses. The team plays its home matches in Dr. Petrus Molemela Stadium. The battle for the ownership of Bloemfontein Celtic is between businessman Lebo Mokoena and TS Galaxy owner Tim Sukazi. Following media reports that Bloemfontein.Mokoena said everything is finalized and that he did everything in his power to ensure Phunya Sele Sele remained in the province, but the deal is yet to be officially announced.On the other hand, the Pietermaritzburg-based businessman explained he has always been linked with Siwelele and he also attended their annual general meetings as a young boy.“The team is in Bloemfontein. “It’s a slam dunk, very soon TS Galaxy will be under new owners, and Tim will be the new owner of Bloemfontein Celtic,” said the source. “I will speak to Max [Tshabalala, chairman of Celtic] after the lockdown and if indeed the club is up for sale, I will pursue the deal,” said Sukazi.“The thing is, this is a sensitive matter and various stakeholders need to meet and engage. They also managed to win the 2005,In 2009 they formed a partnership with Portuguese club,Last edited on 13 September 2020, at 07:51,"Academy: New academy to improve Celtic football","Max Tshabala Says He Is The New Bloem Celtic Owner",https://en.wikipedia.org/w/index.php?title=Bloemfontein_Celtic_F.C.&oldid=978161126,Creative Commons Attribution-ShareAlike License. Bloemfontein Celtic Football Club (simply known as Celtic) is a South African professional football club based in Bloemfontein that plays in the Premier Soccer League, the first tier of the South African football league system.Bloemfontein Celtic has a large fan base in the Free State.Its supporters are known as Siwelele.The team plays its home matches in Dr. Petrus Molemela Stadium. Bloemfontein Celtic is set to remain in the Free State after accepting a sponsorship deal from businessman Lebo Mokoena. I wasn’t looking to be a chairman but should it happen, then why not,” he answered when quizzed about the call from the Celtic supporters for him to take over the ownership of the club.“Obviously we have to go through the financial history of the club in order to see where they went wrong.
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