End of an era: SuperSport United sold after 31 years in top-flight football

Matsatsanta's financial troubles have been well documented, but this news will still come as a blow to the club's fans.

SuperSport were a perennial force in the local football landscape, winning 14 trophies, including three league titles, but will now be rebranded Siwelele Football Club and moved to Bloemfontein.

A SuperSport statement read: "SuperSport International would like to confirm the sale of its Premier Soccer League (PSL) club, SuperSport United, to Siwelele Football Club (Pty) Ltd.

"Following a closed bidding process, Siwelele F.C. was awarded the rights to purchase the three-time Premiership winners, pending approval by the PSL Executivec Committee.

"The sale of the club comes as SuperSport makes strategic shifts to allow us to remain the biggest broadcaster in Africa and a leading global competitior."

SuperSport came about after they bought the franchise of Pretoria City in 1994.

Siwelele chairman Calvin Le John added: “As Siwelele FC we are privileged to have been given the responsibility of continuing with a rich winning tradition in the PSL.”