
Highlands Park co-director Brad Kaftel says, despite contrary reports, the club have not been sold to football administrator and lawyer Tim Sukazi.
Kaftel admitted that they have been in talks with Sukazi over the last few months regarding a potential deal to sell Highlands' Premier Soccer League (PSL) status, but that no deal has been agreed.
The co-director also added that should the sale happen it would not enrich the club owners as the Lions of the North have significant debts to pay off first.
"At this stage yes we've been engaging with Sukazi for four months, but we haven't done a deal yet," Kaftel told KickOff.
"There's a long way to go you know. But one thing I can tell you is that, if we do sell the club, the money we will get will only pay off our debt. We will have no money left.
"Highlands Park have borrowed money, we've got debts. And if we do sell the club, that money will pay off the debts. There'll be no money left for the shareholders. Do you understand? This is not about selling and you taking the money and then you fly around the world.
"The money will pay off what we owe. So, it's a sale of debt really. If we do sell the club, there won't be any money for anybody. You know the deal is not yet confirmed, it might not happen, there's a long way to go and if it's not approved by the PSL or anything like that... we may carry on."
- TEAMtalk media