Renowned South African producer and Grammy Award-winning DJ, Black Coffee, is making headlines after being linked to the potential purchase of Royal AM Football Club. Reports suggest that he is one of six individuals who allegedly submitted bids to acquire the club, which was put up for sale by the South African Revenue Service (SARS).
Royal AM on Sale Over R40 Million Tax Debt
The financial troubles of Shauwn “MaMkhize” Mkhize, a well-known businesswoman and owner of Royal AM, have resulted in SARS seizing and selling off her assets. This move comes as an effort to recover a massive R40 million tax debt owed by MaMkhize.
Earlier this year, SARS raided her R20 million mansion in La Lucia, Durban, before setting its sights on Royal AM. Following the asset seizure, SARS officially put the club up for sale, inviting potential buyers to submit their bids by Friday, 14 March 2025.
DJ Black Coffee
The process was reportedly overseen by curator Jaco Venter, who was responsible for evaluating and finalizing the winning bid. However, while the deadline has passed, the identity of the club’s new owner remains undisclosed.
DJ Black Coffee’s Alleged Interest in Buying Royal AM
Among the high-profile figures reportedly interested in purchasing Royal AM is DJ Black Coffee. Sunday World reported that the international music sensation submitted a bid, though the details of his offer remain unknown. Neither SARS nor the appointed curator has confirmed his involvement.
Despite the media frenzy, Black Coffee has not addressed the speculation about his potential bid, leaving fans curious about whether he is truly stepping into the world of football club ownership.
Other Bidders and the Winning Price
While DJ Black Coffee’s involvement is still a rumor, other bidders have confirmed their interest in acquiring Royal AM.
- David Skosana, a MK Party Member of Parliament and former football administrator, confirmed he submitted a R15 million bid. However, he admitted that he did not believe his offer was competitive enough to win.
- Joe Sibanyoni, an unknown business tycoon from the Democratic Republic of Congo (DRC), was also named as a potential bidder.
- A Greek businessman, whose identity has not yet been disclosed, was reportedly among the interested buyers.
According to reports, the winning bid for Royal AM was around R25 million, which was higher than the price SARS had initially set for the club. However, the new owner’s identity has yet to be revealed, leaving many to speculate about who will inherit the financially struggling PSL club.
Financial Burdens Facing the New Owner
Whoever takes over Royal AM will inherit a range of financial obligations, as the sale was reportedly structured as a going concern. This means the new owner will not only acquire the club’s assets and brand but also take on its existing debts and legal disputes.
Some of the major financial challenges that the new owner will have to tackle include:
- Unpaid wages owed to Samir Nurkovic and Ricardo Nascimento.
- Ongoing court cases, including one against the Democratic Alliance over a disputed R27 million sponsorship deal.
- Outstanding player salaries and contractual obligations, which have added to the club’s financial turmoil.
DJ Black Coffee’s Net Worth and Business Ventures
The speculation about DJ Black Coffee’s bid has reignited discussions about his wealth and business investments.
With a successful music career spanning decades, Black Coffee has built a global brand and amassed significant wealth. He is one of the highest-paid DJs in the world, frequently performing in luxury destinations such as Ibiza, Spain.
Reports suggest that he charges up to R4 million per set in Ibiza, making him one of the most sought-after performers on the island.
Rumors estimate his net worth to be around R990 million, making him a financially capable bidder for Royal AM. However, without official confirmation of his involvement, it remains to be seen whether he plans to diversify into football club ownership.
What’s Next for Royal AM?
With SARS finalizing the sale of Royal AM, the public is eagerly waiting for an official announcement of the new owner. If DJ Black Coffee is indeed involved, it would mark a major crossover between the music and sports industries in South Africa.
Until an official statement is released, speculation continues about who will take over the financially troubled club and whether the new leadership can stabilize Royal AM’s future in the PSL.
