The Club will then change name to Fort City FC
New Uganda Premier League entrants Tooro United are set for a takeover bid from Fort Portal City.
The City Politicians want to use the club as a tool to promote tourism in the ‘Tourism City.’
The Club will then change name to Fort City FC, The-SportsNation sources have learnt.
The City wants to buy 70% of the shares in the club but owners of the club, who are fronting Alice Namatovu, want to remain with at least 40% stake in the club.
The other big hurdle in the deal is that there is another club in the region trading as Fort City FC, which must be first paid to alter their name as well.
The deal is being pursued by Fort Portal MP Alex Ruhinda and City Mayor Hon Edson Ruyonga.
Ruhinda has been operating behind the scenes as the club managed to secure UPL status.
A new sponsor, said to be Riham (Hariss International) is said to be in the pipeline.
Other new stakeholders including a former Attorney General are going to be added on the board.
As a bid to improve welfare, the new owners are securing rentals to house the players in Fort Portal.
Tooro United was formed in 2007 as Soana FC after then owner Smart Obed bought Misindye FC.
Obedi acquired shareholder Spelito Ssesanga in June 2019 before the 2019/20 season kicked off.
Ssesanga later said that he sold the club to Madam Alice Namatovu, who is a former head of sales and marketing at BBS TV.
Businessman and socialite Jackson Akim Pemba commonly known as Jack Pemba’s bid to buy Tooro United FC, did not materialise last year.
Names like Godfrey Galabuzi have appeared in the Tooro United ownership equation as well in recent past.
According to the Federation of Uganda Football Associations (FUFA), Tooro United is owned by Smart Obed and Spelito Ssesanga with stakes of 51% and 49% respectively.