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The Zakhem GU deal

Elders at the helm of long-suffering Gaborone United (GU) management are reported to be planning to turn down Nicholas Zakhem‘s proposal in an overwhelming effort to transport back the club to its glory days, WeekendSport has been told.

The move follows the insistency of GU branch chairpersons who demanded that the team be put in the hands of business mogul, Nicholas Zakhem. GU had hit rock bottom at the close of last season and was declared to be in crisis. As per the constitution, the club was taken to the elders to run its affairs pending special elective congress. The pain-attacking the club, commonly known as Moyagoleele, now appears to be deep-rooted.

Dated 2nd August 2018, Zakhem gave GU elders a proposal to ponder as the season nears commencement date. However, reports coming from GU boardrooms tell a picture of doubt and misgivings about the intention of Zakhem. The Lebanese born business guru has proposed that he loan the club money amounting to P 700 000 to pay for the team liabilities that have become overdue. The other money was to be used for preparation for the upcoming season.

However, this loan was to come under somewhat stringent conditions.  Zakhem want the club to hold a special meeting within 30 days or within any period of time mutually agreed by both parties for the purposes of endorsing some certain resolutions. One condition is that ZAC construction through its principal, Nicholas Zakhem takes over management of the affairs and running of the team for a minimum period of 15 years.

ZAC also want the club to make a resolution that all management decisions shall be taken solely by him and the role of the executive committee be advisory. The proposal indicated that management decisions shall include player recruitment, coaches and administrative staff together with making decisions on behalf of the club.

ZAC also pledges to ensure that the club is professionally run through recruitment of players, coaches and other staff. He shall ensure that all staff and players are paid well on time and in accordance with their contract of employment, and to avoid negative publicity for the club. ZAC also promises to take care of general welfare of players, including finding accommodation for them.  To further demonstrate his seriousness, ZAC promises to buy a 60 seater coachwith amenities such as toilet, aircorns and Television within the first three years of the agreement.

In a possibility that the club secures a piece of land, ZAC offers to construct a mini stadium to be used as a training facility and further be used for hosting home games. The offer also includes building a club house. Such a project was to commence with the first five years of the agreement and be completed within seven years subject to the availability of the land.

When coming to an end of the paper proposal, ZAC wants the club constitution be altered to cater for the above developments. To cap it all, the multi million pula investor demand that all court proceedings against the previous executive committee of the club be withdrawn.
When reached for further clarity, GU interim Secretary General Kennedy Ramojela admitted to have received Zac’s proposal. He went further to state that the club will be shortly writing back to Zakhem to acknowledge receipt of the proposal.

“The club has received Zakhem’s proposal, we will be informing him that we received it.”  He further state that the management (elders) will carefully scrutinize its contents and possibly take it to lawyers to help. “  It is a loaded  document, and it has be thoroughly examined, the club is thinking to rope in a legal brain to further comprehend it,” Ramojela concluded. There seems to be reluctance on the part of GU to accept Zac offer. However, it is noted that Zac overlooked serious issues. He will be reminded that a society is never controlled by any entity as he yearns for total control of The Reds.

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