Speaking to a soccer publication on Wednesday, Tshabalala dismissed reports that have been circulating indicating that Celtic’s status could be heading to Cape Town.

He says as things stand, they are hard at work preparing for next season and it is not true that he has been speaking to Ajax CEO, Ari Efstathiou.

He adds that these rumours are just to destabilise the team and all of these stories about the sale hold no water. His focus is to build the club for next season.

Tshabalala reiterated that the team is no longer for sale.

This follows several attempts by a consortium led by Sinki Leshabane and Dr Moeketsi Mosola, who wanted to buy the team.

Proper documentation, however, prevented the sale to go ahead after it was established that Tshabalala owed SARS millions of rands.

Tshabalala, however, says the club was for sale because there was a local buyer that the supporters wanted but the deal did not go through even after the intervention of provincial government.

Celtic finished in eighth position, meaning they would be competing in the MTN 8 at the beginning of the season.

The team has been battling with financial troubles in the last few years but the Celtic boss is adamant they would pull it through next season.

The supporters on social media says for now they are breathing a collective sigh of relief with the news that the team is staying in Bloemfontein but some say they are wary, particularly with what transpired last season at Siwelele Park.

OFM News/Michael Tlhakudi