Mismanagement blamed as Neethling loses swimming school company

2013-07-23 00:00

RYK Neethling’s swimming school company has been liquidated, the Olympian swimmer yesterday admitted.

“It is my duty as director of an insolvent company to take the right steps,” Neethling said.

He founded the company in 2006 with four partners, using the name Swimming Stars for the swimming schools. The company managed swimming school branches in Val de Vie near Paarl in the Western Cape, Kyalami in Midrand, and Mooikloof and Faerie Glen in Pretoria.

Neethling and Bettie Roets, who is the managing director, were listed as the only directors this year.

Staff and managers at Swimming Stars who were unhappy with Roets’s management style have complained that Neethling is not involved in his own business, that the company owed them money and was misspending funds.

Neethling admitted it was difficult to manage the businesses in Gauteng while he lived in Val de Vie. “I have been living in the Cape for more than two years and am busy with developments here. I grew away from the [swimming school] business.”

Parents wanted to know if a monthly reservation fee that ensured that their children retained their places in the school during winter, would be paid back. But Neethling was silent on this issue, or on how much money the company owed and whether monies were in fact stolen.

“The necessary processes must be followed and maybe people will keep their jobs.

“During the past couple of months only three cleaners were retrenched. The Faerie Glen branch was closed, but the other [branches] will open after the winter holidays.”

However, the year planner on the web page for Swimming Stars states that the swimming schools were expected to reopen on July 16, but the Mooikloof branch was still closed because the swimming pool was being repaired, and instructors at the Pretoria branches are uncertain about their futures. The continued involvement of Roets with the swimming schools is also uncertain.

Neethling said he would decide on Roets after he had concluded the liquidation process. He said if anyone knew about money being stolen, they should inform him.

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