- Nedbank claims that Mhango owes over R1.2 million and intends to sell his property through an auction with a minimum bid of R650,000.
- Mhango is additionally taking legal action against Marumo Gallants, seeking R828,000 compensation for utilizing his image without payment.
Footballer Gabadinho Mhango faces potential loss of his residence as Nedbank has taken legal action against him due to an outstanding mortgage debt.
The financial institution claims that the Marumo Gallants forward owes over R1.2 million. The bank is seeking permission from the Johannesburg High Court to conduct an auction of his property with a minimum bid set at R650,000.
As stated in legal documents, Mhango failed to make payments on his home loan multiple times. He was granted a ten-day period to address the charges, yet he did not meet the set deadline. Consequently, this allows the court to proceed with the matter without considering his perspective.
Sources told Sunday World Mhango anticipates using funds due to him from image rights royalties to settle his debts.
The soccer player has brought legal action against his team, Marumo Gallants. He claims they utilized his name and image to advertise matches on social media platforms without compensating him. His demand is for R828,000 as reimbursement.
Mhango mentioned that the club shared a match-day squad list and an interview featuring him on social media; however, he didn’t get paid anything.
He asserts that the rights are his due to the agreement made by his agency, Prosport, during his tenure with Swallows. Now that Gallants has taken control of the team, he believes they should be accountable for compensating him.
Legal documents indicate that Mhango’s attorneys dispatched two demands via letters in the previous year; one was sent in January and the second in September. Both correspondences requested over R400,000 from the team. However, Gallants failed to reply to either communication.
Mhango was unavailable for comments. However, his ongoing legal battle with the team persists—and it might determine whether he holds onto his home.
Provided by Syndigate Media Inc. ( Syndigate.info ).
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