CAPS revival mission

HARARE - The good times might soon return to CAPS United amid indications that club president Twine Phiri and co-director Farai Jere are forging a better working relationship in a bid to turn around the Green Machine’s fortunes.

The Daily News is reliably informed that Phiri is now prepared to offer Jere a larger stake in the club’s holding company ahead of the upcoming 2015 season.

Jere, who holds 25 percent equity in the CAPS United (Pvt) Ltd, initially quit the club at the end of the 2012 season following a widely-publicised fallout with Phiri.

The two, however, have since patched up their differences – which paved the way Jere’s return to the Harare club last April.

The wealthy Harare entrepreneur, who has made his fortune in the shipping and clearing industry, retained his equity and was appointed as a non-executive director upon his return.

Well-placed sources who spoke to us yesterday said Phiri has offered Jere another 25 percent stake which will increase his equity to 50 percent – giving the two co-ownership of the for four-time Zimbabwean champions.

Phiri could neither confirm nor deny the latest development yesterday, but admitted that Jere will have “a more active role in the day-to-day operations of the club” this season.    

“I cannot say that we are in negotiations, but what we have been working together closely since he (Jere) returned to be a director at CAPS United,” Phiri told the Daily News.

“I can safely say that our relationship is back to where it was in the past. We are now working very closely together.

“I want him to be closer to the team this time around. Remember I wear two hats; I’m also the chairman of the Premier Soccer League (PSL).

“The major focus for us as the director is to build a strong team that will fight for titles this coming season. We also want to enhance the business image of the club this season.”

Jere was also evasive regarding the matter when reached for comment.

“As you know, I have always been a CAPS United shareholder but I have not taken an active role in recent years,” he said.

“We want the club to move forward and if there is anything regarding any increase in my shareholding the club will notify you in due course.”

The Green Machine, who recently appointed Englishman Mark Harrison to replace Taurai Mangwiro, began pre-season training at their new training ground, the spacious and multi-purpose Reserve Bank Sports Club in Mabelreign yesterday.

“We thought that this was a better place to establish our new home because all the facilities we require are in less than one roof,” Phiri said.

CAPS, who finished in third place last season, lost a number of senior players such as captain Tapiwa Kumbuyani, midfielder Tendai Samanja and goalkeeper Tafadzwa Dube.

Dominic Chungwa, David Chipala and Stephen Makatuka are also pushing for an exit out of the club.

Despite the circumstances, United are hoping to launch a strong challenge in 2015 to wrestle the league championship from Dynamos’ stranglehold.

Comments (1)

As a Makepekepe fan, i am naturally delighted with this development and certainly hope that things will change for the better this season.

Titus - 23 January 2015

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