Sello took over from previous owner Lawrence Mulaudzi, who could not keep up with the financial side of the football business.
Speaking to KickOff.com this week, Sello revealed that although the team will be kept in Limpopo, the name will be changed come the end of the season.
"We will stick in Limpopo, we are in Limpopo and I'm originally Limpopian and I'm proud to keep that, and not for me but for the people of Limpopo and also for the diversity of the league all around the country," Sello says.
"Yes I do have work in Joburg but at the end of the day I think let me keep it where it is, the only difference is I will just move it to the city compared to where it was in Thohoyandou.
"But we will keep those supporters and make up the new ones, and I hope they understand the business transactions. We don't want to lose them. So we won't move it out of Limpopo, so far now we won't.
"The club name obviously is going to change at the end of the season, and then we will see what name comes up depending on our board's approval with the League. We can use our name which has been trending in the ABC, or we can come up with a new...
"You know what, I'm a chairman, not a Hitler. My board will sit down and consult. At the moment we submitted but it will be there at the end of the season."