Ajax sells shares in Ajax Cape Town

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Ajax is selling its South African satellite club Ajax Cape Town. The Amsterdam football club sells its 51 percent stake in the Cape Town team to the current minority shareholder. Ajax reports this on its website on Monday. Ajax does not say how much money is involved in the sale.

When Ajax bought its branch in 1999, it was the intention that the club could benefit from a stream of African football talent. However, the actual yield has been disappointing, Ajax now concludes. “In recent years, insufficient talent has been produced in the South African market of the level that Ajax strives for,” said the Eredivisie club. Ajax also sees “insufficient potential” in Ajax Cape Town in the future. Ajax is now mainly looking for talent by entering into partnerships with clubs in China, Japan and South America, among others.

The only players who came to Amsterdam from Cape Town in the past 21 years are Steven Pienaar, Eyong Enoh, Thulani Serero and Lassina Traoré. Those first three players were not very successful. The 19-year-old Traoré scored a few times for Ajax’s first team last season and is now active in the Eerste Divisie with Young Ajax.

Ajax Cape Town has achieved few appealing results in recent years. In 2015 it won a cup for the last time. Since then, the club has been relegated from the Premier Division, the highest level in South African club football. Last season, Ajax Cape Town missed promotion to the Premier Division due to a defeat in the decisive play-off match. It is not yet known what the club will be called in the future.





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