Kwekwe United owner Phil Makekera says he is selling shares in the team
Kwekwe United owner Phil Makekera has dismissed recent reports that he has resigned instead saying “I’m selling shares in the team”.
On Wednesday reports suggested Makekera had stepped down from his role at the financially struggling Midlands side.
According to reports, Makekera had said he was quitting the club to focus on his family.
He has however refuted these claims saying; “I’m selling shares in the team. I remain as of today 100% shareholder and I know there are people who want to force me out.
“It’s not true that I have resigned. I will not just walk away from my project unless someone buys me out.
Reports had claimed Makekera posted a resignation message in the club’s WhatsApp group, citing his decision to step down as club owner.
The message allegedly read: “It is with a heavy heart that I’m tendering my resignation from the team with immediate effect.
“I would like to concentrate on my family, whom I have neglected for years while pursuing this project. I will relinquish my shareholding in the team as follows: 20% to the community, 80% to business people.”
Despite circulation of this message, Makekera has denied its authenticity.
Makekera’s financial challenges might be linked to a September 2024 notice by Northamptonshire Police in the UK saying they had garnished his personal and company bank accounts and forfeited US$302,311.68.
The businessman owns a medical recruiting agency called The Partnership Healthcare Group Ltd.
Northamptonshire Police shared an update on Facebook:
“The Financial Investigation Unit has secured an Account Forfeiture order utilising civil Proceeds of Crime Act powers. On June 13, 2024, at Northampton Magistrates’ Court, and following a contested hearing, a forfeiture order was made totalling £226,832.15 against a bank account held in the name of The Partnership Healthcare Group Ltd and the sole Director of the company, Mr Phillimon Makekera.
“The funds within the account were found to have come from crime or would be used in crime. As part of the Home Office’s “Asset Recovery Incentivisation Scheme,” Northamptonshire Police receive 50% of the forfeited funds back.”
