Bidvest Wits chairman Alan Fainman has refuted claims that the Premier Soccer League Club are set to be sold.

Rumours have been circulating that the Clever Boys are one of a number of clubs up for sale in the off-season.

Bloemfontein Celtic are also the subject of speculation as they bid to resolve their reported financial issues.

But Fainman told KickOff: "We've bought nothing and we've not sold the club. I understand there is speculation, but we've done nothing."

Fainman added that Wits have already signed a new player ahead of the upcoming campaign.

"We've signed a player for next season but we can't announce that yet. We'll let you guys know if anything happens but, as I've said, we've not sold anything."

- TEAMtalk media