South Africa Journalist Lorenz Kohler reports that billionaire Strive Masiyiwa has launched a bid to takeover SuperSport United.

Strive Masiyiwa is reportedly close to completing the deal. It is said to be awaiting approval by the PSL Executive Committee.

Masiyiwa reportedly became the richest black man in Southern Africa, with a net worth surpassing $4.4 billion earlier this year.