Following a consultation process with all parties concerned, Investec has come to a mutually agreed, natural separation point with its sponsorship of FC Cape Town.

Janet Larsen, Investec South Africa head of Group Marketing, said:

“We have not taken this decision lightly. Investec will honour all contractual obligations with the team in order to manage a smooth transition. We remain committed to community and youth development through sport and wish FC Cape Town well going forward.”

FC Cape Town’s chairman, Errol Dicks, added:

“While FC Cape Town appreciates the professionalism, energy and flair that Investec brought to this partnership, the club’s infrastructure remains in place to continue to grow and develop professional football in South Africa.”