The property development company Lefika Emerging Equity (represented by CEO Bobby Motaung, who also work as the manager of Kaizer Chiefs), started in March 2006 to pay Mogale City Municipality for a 90 year long leasing contract of the stadium ground.
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The idea to construct the stadium was born already in 2003, when the Mogale City Municipality first announced a plan to renovate the Bob van Reenen Stadium in Krugersdorp.
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For the football seasons in 2010-12, the team instead now planned to use Rand Stadium as their home venue.
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