Orlando Pirates is one an icon of South African, and I dare say, African soccer being a past winner of the CAF African Club Champions Cup. I would venture to estimate the club to be valued in the hundreds of millions and definitely supported by millions of people.
My question is who did Irvin “The Iron Duke” Khoza buy the club from in the first place. Up until the Iron Duke’s investigation for non-payment of tax everyone had assumed that Pirates was a community club that was essentially owned by the members. I was shocked when the media reported that the South African Revenue Services was investigating, among many business entities owned by the Iron Duke, a company called Orlando Pirates FC (Pty) Ltd - a company which he is the sole owner.
It is then I first realized that Orlando Pirates was not, as many ordinary people thought, a community owned team after all. This great club that was originally formed in 1937 and had been community owned up until it was somehow registered as a property of Irvin Khoza.Read rest of article on soccerwires.com