Khama Billiat Faces Eviction Battle Over Unpaid SA Mansion
Former Kaizer Chiefs striker Khama Billiat is embroiled in a legal dispute that could see his luxurious Midrand mansion repossessed due to unpaid installments.
This high-stakes situation has captured attention, shedding light on the financial woes of the celebrated football star.
Also Read: Pics| Inside Zimbabwean Footballer Khama Billiat’s Lavish Lifestyle In South Africa
Creditors Seek Eviction Order
According to City Press, Emerging Markets Home Loans has approached the Pretoria High Court, seeking an eviction order for five occupants currently residing in Billiat’s Midrand property.
The occupants, reportedly close relatives of Khama Billiat, have been living in the house since the star’s departure to join Yadah Football Club.
The finance company claims the occupants are unlawfully staying at the premises.
“The player has not been paying monthly installments for the house, prompting the finance service provider to put the house on auction in an attempt to recoup a R1.7 million loan,” stated a source from the sheriff’s office, who wished to remain anonymous.
House to be Auctioned
According to the notice of motion filed on May 5, the house is slated for auction in June.
This move comes as a last resort for the financial institution to recover the unpaid loan.
Legal and Financial Turmoil
Billiat’s financial troubles are now spilling into the public domain, raising questions about the financial management of high-earning athletes. This development follows his recent move back to Zimbabwe, where he joined Yadah Stars after a high-profile stint with Kaizer Chiefs in South Africa.
Here are some of the reactions;
@Spade37295887;
These boys are reckless, you are the highest paid player but you fail to buy houses cash,you will rather buy a range rover that is making noise?
@AsandaUnathi2;
Why don’t soccer players buy their houses like benza imali eningi kungaphela 5 years umuntu eseown indlu
@mommafi7;
Normalize giving financial education to sports stars.
@JanuaryStoned;
Heh man I don’t understand, kante what do these ballers do with their money, or the massive salaries we hear about are all lies?
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