Dynamos Ownership Rumours Stir Debate Over Club’s Future

Speculation over Dynamos FC ownership has intensified amid reports that Paul Tungwarara may seek majority control, sparking debate over governance, transparency and the club’s future (image source)

HARARE — Speculation over a potential ownership shift at Dynamos FC has intensified after social media reports and fan forums suggested that a change in majority control could be imminent at Zimbabwe’s most decorated football club. Unconfirmed claims circulating on platforms such as DeMbare DotComs allege that Presidential Advisor Paul Tungwarara is seeking to acquire an additional stake in Dynamos Pvt Ltd, a move that would hand him majority ownership.

Under the current structure, Bernard “Magitare” Marriott Lusengo holds 51 percent of the shares, while Tungwarara controls 49 percent following earlier buyouts of other shareholders. Sources familiar with the discussions say talks gained momentum after a high-level meeting at the club’s offices, where Tungwarara reportedly proposed purchasing a further two percent from Lusengo. The alleged offer is said to include a residential property, US$150,000 in cash and a monthly salary of US$3,000. Neither party has publicly confirmed the negotiations or the terms being discussed.

If concluded, the transaction would mark a significant turning point for the Glamour Boys, who have endured financial pressure, administrative instability and inconsistent performances in recent seasons. Among supporters, reaction has been mixed. Some fans see the prospect of fresh capital and consolidated leadership as an opportunity to stabilise operations and restore competitiveness. Others caution that ownership changes alone will not address long-standing governance and financial management weaknesses. “New capital could help, but without transparency and accountability, it will not be a lasting solution,” one supporter wrote on a popular fan forum.

Football governance analysts stress that any transfer of control should be accompanied by a clear strategic roadmap. They argue that independent financial audits, published governance frameworks and structured engagement with key stakeholders including supporters, sponsors and league authorities are essential for restoring trust. The Zimbabwe Football Association’s regulations on club ownership, compliance and financial probity would also come into play should a formal proposal be tabled.

For now, attention remains firmly fixed on developments at the National Sports Stadium as reported negotiations continue behind closed doors. The absence of an official statement from Dynamos’ board or the individuals named in the reports has only fuelled speculation. Beyond the immediate intrigue, the episode highlights wider questions confronting Zimbabwean football: the balance between commercial investment and supporter interests, the growing role of politically connected figures in sport, and the governance standards required to ensure long-term stability. As fans await clarity, one reality is unmistakable Dynamos’ future carries significance far beyond the club itself, touching the credibility and direction of the national