Celtic deny sponsorship deal reports
Bloemfontein Celtic say they are still in search of a sponsor despite media reports to the contrary.
The Premier Soccer League club are reportedly in need of a financial injection to stave off potential buyers and prepare for the upcoming campaign.
After putting out a club statement in May to deny the club had been sold, Celtic have now been forced to clarify their status with regards to a club sponsor.
A statement from the club on their official Twitter account read: "Based on what has been reported on the media regarding the club obtaining a sponsorship deal is incorrectly reported,” the club said on a statement.
"The club has not signed any sponsorship deal yet, as we are still in negotiations with potential companies. The club will make an official announcement once any sponsorship deal has been sealed."
Earlier reporting suggested TS Galaxy boss Tim Sukazi was hoping to buy Celtic while Free State-born businessman Lebo Mokoena was said to have come in with a sponsorship deal.