stanwest

@MrksPSLClub 👍👍👍

🚨TS Galaxy Faces Financial Storm After R66 Million SARS Blow Betway Premiership club TS Galaxy is facing a devastating financial storm after the taxman hit the club with a staggering tax bill of more than R66 million. Africa Daily can exclusively reveal that the South African Revenue Service (SARS) has obtained a default judgment against the Mpumalanga-based outfit over unpaid taxes and is planning to embark on a collection process that has the potentially to financially cripple the club. Court papers seen by this publication reveal that the bulk of the debt stems from unpaid Pay As You Earn (PAYE), which amounts to R42.4 million. The amount ballooned to more than R60.3 million after SARS imposed over R4.3 million in penalties and a further R13.5 million in interest. The taxman also stated that the club owes more than R1.2 million in unpaid Unemployment Insurance Fund (UIF) contributions. The amount later increased to over R1.7 million after penalties of more than R122 000 and interest exceeding R370 000 were added. In addition, SARS stated that the club owes over R3.5 million in unpaid Value Added Tax (VAT). After imposing penalties of more than R300 000 and interest of just under R900 000, the amount skyrocketed to more than R4.7 million. This brings the club’s total tax debt to more than R66 million. Club owner Tim Sukazi confirmed that the club has indeed been battling a crippling tax bill, but said he was unaware that SARS had already applied for a default judgment against the team. Sukazi told this publication that the club has been making monthly payments of R500 000 to SARS since becoming aware of the debt in July last year. “So far we may have paid them over R9 million. We are negotiating with them to reach a compromise on the amount owed,” said Sukazi. Before approaching the courts for a default judgment, SARS issued a final letter of demand to the club, warning of severe consequences should the debt remain unpaid. “According to the records of the South African Revenue Service (SARS), you have failed to pay your tax debt for one or more tax year(s) and/or tax period(s). Overdue Amount: R60 074 393.34/latest account statement balance,” reads the letter. The letter further advised the club of several remedies available under the law, including payment in instalments, suspension of the debt should the club lodge a formal dispute, and the possibility of reaching a compromise with SARS. SARS also warned that failure to settle the debt could result in third parties being instructed to pay money directly to SARS on behalf of the club. “A civil judgment being entered against you in which case a warrant of execution may be issued for the Sheriff of the Court to attach and sell your assets,” the letter further reads.

@BBCWorld @SAFA_net the even finished VAR money

South Africa made to look like fools after World Cup visa issues, says minister trib.al/UuyHPDy

@GaytonMcK @SAFA_net I'm telling you that VAR is not coming, screenshot this 🤣🤣🤣

This @SAFA_net travel & visa debacle is embarrassing & grossly unfair towards the players & coaching staff. I have informed @SAFA_net that I need a report and action must be taken against those responsible for this mess. We are being made to look like fools.

Losing a champions league final will traumatise you and I’m not even joking

@AdvMagadze @Skreech_mufc

The only team to concede 3 goals from TS Galaxy this Year.

@PeakWorld9 Stella is a crook

EFF leader Julius Malema takes a direct jab at Minister Stella Ndabeni over the lack of funding for South African spaza shop owners. #JuliusMalema #SpazaShops #StellaNdabeni

@AkademiksTV Weak as f

Jay Z disses Drake, Nicki Minaj, Dame Dash in a freestyle at Roots Picnic after getting violated on Iceman

@MDNnewss @MbalulaFikile but if Is a problem what are doing about it?

ANC SG Fikile Mbalula says undocumented immigration is a real concern, but xenophobia and vigilantism cannot be tolerated.

@TaPhuras @MrNkosi072 @Arsenal U wer right 😂😂

Nooo we can’t have @Arsenal as #UEFAChampions, no

@LittleHussle @mr_shimmy

Correct your admin first 😂

@Macuzwayour_ @Nkoskhodola_23

@stanwest428258 @Nkoskhodola_23

I want them to lose that CAF final so bad 🤭🤣🤣🤣🤣

@SiyaNdlovu91 Do you have matric?

Good morning, treble gang, remember it is us against underachievers.🏆🏆🏆They can't put 3 trophy emojis, it is us only.

@Ron_YNWA Please remove mtn and black label... Those are plastic cups not even recognized by fifa

👆𝐃𝐎𝐖𝐍𝐒 𝐂𝐇𝐀𝐒𝐈𝐍𝐆 𝐑𝟐𝟑𝟒.𝟖 𝐌𝐈𝐋𝐋𝐈𝐎𝐍 💰 Mamelodi Sundowns will compete for a staggering R234,8 million in prize money across seven competitions next season. 🏆 CAF Champions League — R102 million 🏆 FIFA Intercontinental Cup — R81 million 🏆 Betway Premiership — R20 million 🏆 CAF Super Cup — R8 million 🏆 MTN8 — R10 million 🏆 Nedbank Cup — R7 million 🏆 Carling Knockout — R6,8 million The most fascinating competition is undoubtedly the FIFA Intercontinental Cup. To win the full R81 million, Sundowns will have to beat European champions 🇫🇷Paris Saint-Germain. Even reaching the final would reportedly bring in around R72 million, a massive financial boost for any African club. Even an early exit could still see Masandawana walk away with approximately R36 million, making it a worthwhile tournament regardless of the outcome. The challenge, however, will be managing the workload. Miguel Cardoso repeatedly spoke about fixture congestion and player fatigue during the 2025/26 season. Next season promises to be even more demanding, especially with several Sundowns stars expected to return late after FIFA World Cup duty with Bafana Bafana. More games. More travel. More pressure.🔥 But also more trophies and more money on the table than ever before. Can Sundowns handle the schedule and compete on all seven fronts next season? 🤔

@ZooWeBhakabhaka @archangelshad_m It's useless that's why we want those kids to play it

@archangelshad_m lol isnt that cup useless ?

bring home that MTN8 my boys. 😩💛

@archangelshad_m @MrNkosi072 Yes they must play this kids

@Ron_YNWA What's wrong with this song?

This is unprofessional.. Tebza should not bring clubbism here, we have a WC to worry about

@Kgadi_yaMoloto They are

And guys even if we share a baby daddy, our kids are not siblings please 😭

@Tears365 @Nkoskhodola_23

@Nkoskhodola_23 You and I both, I want them trophyless this season 😂😭

@MASTA_KING @Nkoskhodola_23 @karaboM24

@Nkoskhodola_23 @karaboM24 I'm with you on that one. They must get nothing, they deserve nothing