Zungu Investment Company announces acquisition of AmaZulu FC


On 1 October 2020, Dr Patrick Sokhela, the owner and chairman of AmaZulu Football Club (F.C) entered into an agreement with the Zungu Investment Company (ZICO) in which ZICO have acquired 100% ownership of AmaZulu.

The acquisition will be effective upon the approval by the Premier Soccer League (PSL) and other pertinent authorities and constituencies.

AmaZulu is the oldest team in the DSTV Premier Soccer League with a proud history that spans over 88-years. Dr Sokhela, the chairman and outgoing owner of the club stated to media at press briefing held at the Hilton Hotel Durban on Friday 2 October 2020 that it was time to hand over the reins following an over decade long tenure as owner.

“I have been the owner and chairman of the AmaZulu for the past 16-years, and the time has come for me to pass the banner to a new owner. I believe the new owner will continue to grow the club in both status and stature as I have endeavored to do,” noted Dr Sokhela.

He continued to express his confidence in Sandile Zungu, the chairperson of Zungu Investment Company. “I cannot think of anyone better than Sandile Zungu to step into my shoes and continue the great legacy of this club,” he added.

Sandile Zungu is the founder and chairman of ZICO. Born and bred in Umlazi in an Usuthu supporting household, Sandile recognizes the values of keeping this club seeped in rich tradition and history in the province of KwaZulu-Natal.

He is passionate about AmaZulu and is committed to carry the club into its most successful decade in its history towards the centenary.

Sandile expressed gratitude towards Dr. Sokhela, the players, technical and administrative teams, and sponsors that have led and contributed to the growth and success of AmaZulu to date. “We can only grow from strength to strength,” concluded Zungu.

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