Motor Action cede part of stake

HARARE - Motor Action have become the first club in the history of Zimbabwean football to cede part of its stake as loyalty reward to players and officials.

Mighty Bulls owner Eric Rosen announced he was ceding 20 percent of the club’s shareholding at the launch of the club’s strategic partnership with Buy Zimbabwe Trust.

Buy Zimbabwe is a local organisation that advocates for the total consumption and use of Zimbabwean products within and beyond the country's borders.

Rosen and his wife Liz, the joint directors of Motor Action, have bankrolled the club for the past 14 years they have been in the Premiership.

"The history of Motor Action FC is heralded in the 14 years of existence. It shows uphill struggles and achievements all in the name of passion. A passion for football, many have shared these moments and passion of the Mighty Bulls," said Rosen.

"Liz and myself, who are the directors of our company, are hereby ceding 20 % shareholding of Motor Action Football Club as a reward to the officials, technical staff and players who have endured the pain and stood with the club through all its trying times."

The beneficiaries of the 20% shareholding stake include Motor Action vice-chairman Simeon Jamanda, head coach Joey Antipas, Johnson Mhungu the players’ welfare manager Johnson Mhungu, assistant coach and former team captain Prince Matore, captain and goalkeeper Marlon Jani, fullback Edward Tembo as well as the Matawu brothers Clemence and Louis.

Rosen also reiterated his desire to see the club growing into a potential business unit.

"Together including those not mentioned (20% stake) we must strive to turn this club into a dominant force that will win trophies on a yearly basis and participate in the Confederation of African Football (Caf) competitions," he added.

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