A European investor has confirmed interest in buying Mbabane Swallows amid the club's ongoing financial struggles.
It is no secret that the Eswatini giants are facing significant financial problems, as their acting president, Absalom Ngwenya, has been quite open about the side's deteriorating fiscal situation.
Reports in the country suggest that the acting president revealed that Swallows had spent a substantial amount of money on their exploits in the 2024/25 CAF Champions League preliminary rounds, as the club had to cover various costs, including venues, accommodation, and match officials.
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Swallows were eventually knocked out of the Champions League before reaching the group stages, with Mamelodi Sundowns thrashing them 8-0 on aggregate in September.
Given the situation at hand, Ngwenya is said to have called on potential investors to help the club get out of their deepening debt, as it's claimed that the team spent a reported 1.7 million euros (R32.4 million) during their short-lived Champions League campaign.
Now, a former French investor and FIFA football agent, Alfred Raoul, has confirmed that he would like to bail out the club, as he still holds huge admiration for the team's former director, Victor Gamedze, who was shot dead in January 2018.
According to the Times of Swaziland, Raoul said: "As someone who has a personal connection to Victor Gamedze and his vision for football in Eswatini, I see this opportunity to provide Mbabane Swallows with a technical and financial partnership as a way to not only support the team but also to make an impact on the influence of the kingdom of Eswatini globally.
"Over the course of three years, I believe we can make a difference for both the team and the country, all while honouring the legacy of Gamedze.
"Upon my arrival in Eswatini, I discovered that there was a conflict between Mbabane Swallows FC and Mbabane Swallows Pty (Ltd).
"This unforeseen obstacle, which has made the investment process more complex and challenging, has led me to encourage both parties to come together and resolve their differences so that a mutually beneficial solution can be achieved.
"As an investor from outside the country, it is essential for me to ensure that any investment I make is in a stable and harmonious environment, which will require the cooperation and agreement of all stakeholders involved."
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By Lukhanyo Mtuta
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