Foreign investment company Zibra Investment has emerged as a potential savior for the struggling football club. Several weeks ago, Zibra Investment announced its intention to become the majority shareholder of RTU, injecting new life into the team.
According to Alhassan S. Suhiyini of Zangali FM Tamale, the Latest reports reveal that Zibra Investment has taken a crucial step forward by submitting a comprehensive proposal to RTU stakeholders. The proposal, presented just days ago, awaits the club’s deliberation on whether to accept or reject the terms laid out by the private business investor.
As part of the proposal, Zibra Investment is offering RTU a substantial financial lifeline of 1 million Ghc (equivalent to 10 billion old cedis) for the remainder of the current season. However, there’s a catch – the amount comes with the condition that RTU agrees to relinquish 60% or more of its shares to Zibra Investment.
Reports further suggest that Zibra Investment has ambitious plans for the club in the upcoming 2024-2025 season, with promises of substantial investment and strategic initiatives. The proposed partnership aims to reshape the future trajectory of Real Tamale United, potentially ushering in a new era of prosperity and competitiveness.
As RTU stakeholders grapple with the weighty decision before them, the football community eagerly awaits the outcome that could reshape the destiny of this storied club.