Drip Footwear Founder Lekau Sehoana Announces The Acquisition Of ABC Motsepe League Soccer Team
Drip Footwear Founder Lekau Sehoana Announces The Acquisition Of ABC Motsepe League Soccer Team. Having one investment could lead to the investor being too dependent on the investment and therefore end up using this investment to finance all their needs when the income might not be enough. Having a diverse investment portfolio gives balance in terms of the income the investor is receiving; this will make it more likely for the investment portfolio to increase in value over time. Drip Footwear Founder Lekau Sehoana announced that he has bought a Soccer Team in ABC Motsepe League, this shows that Sehoana is diversifying his investment portfolio by acquiring assets in different industries.
The post read, “Few weeks ago we bought a Soccer Team in ABC Motsepe League NW and renamed it Black Eagles FC. With this team, we’re making our Official Entrance as @DRIPFootWear Investing in Sportswear. Drip as an Official Kit Sponsor. Love to see it… please do Follow us. @BlackEagles_SA”
The investment into the soccer team is not only about financial gain for the entrepreneur but it is also about building his brand to be one of the biggest in the continent if not the whole world. As Sehoana has stated the investment will result in the company also venturing into Sportswear as it will be sponsoring the team’s official kit. This could open the footwear company to a lot of opportunities such as designing and making official kits for various teams on in the ABC Motsepe League and creating their own line of Sportswear.
With this business deal in place, Sehoana’s Drip Brand is bound to grow as it will have more people that will be knowing about it since a lot of people love watching football. It will intend to grow using sponsorships, partnerships as well as branding of the company on certain products. With the acquisition of a football team, the Drip Footwear founder aims to also inspire people towards building a diversified business portfolio that will bring diversified income.
