The KwaZulu-Natal-based team will be put up for sale as Sars moves to recover the R40-million owed by club owner and chairlady, Shauwn Mkhize.
Interested buyers will have their chance to place bids starting from 08:00 on March 14, with the auction closing at 13:00 on the same day.
To participate, bids must be submitted via email to pg@bidderschoice.co.za, and a refundable deposit of R1-million is required to be paid into the trust account of the curator’s legal representatives.
The successful bidder will inherit not only the club’s assets but also its debts, including the R15-million owed to former striker Samir Nurkovic.
This outstanding balance is one of the factors that has led to Royal AM’s ongoing transfer ban, imposed by football world governing body Fifa.
Royal AM’s were last seen in action on December 29 last year where they were at the end of a 3-1 loss to TS Galaxy in the Betway Premiership.
Since then, the club has been expelled from the Nedbank Cup and had its league fixtures suspended indefinitely by the PSL