SA Rugby pledges engagement on equity deal
SA Rugby have addressed concerns over a proposed private equity investment during a meeting of the Presidents’ Council in Cape Town on Wednesday.
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SA Rugby have addressed concerns over a proposed private equity investment during a meeting of the Presidents’ Council in Cape Town on Wednesday.
SA Rugby has announced that Thursday’s meeting to vote on the proposed private equity deal with US-based Ackerley Sports Group has been postponed at government request.
Sports minister Gayton McKenzie has requested the postponement of SA Rugby’s vote on the proposed private equity deal with US-based Ackerley Sports Group.
The R1.3-billion private equity deal between SA Rugby (SARU) and the Seattle-based Ackerley Sports Group (ASG) looks set to crumble after reported opposition from SA’s top rugby unions.
SA Rugby will support a reported merger between the URC and Premiership, provided the Bulls, Lions, Sharks, and Stormers are guaranteed spots in the competition.
SA Rugby has confirmed that Marius Schoeman will be departing his role as Springbok Sevens High Performance Manager, after a decade of contributing to the national sevens programme.
SA’s four URC franchises are each set to receive a R50 million share of SA Rugby’s revenue earned from broadcasting rights and sponsorships.
New Zealand Rugby chief Mark Robinson has confirmed talks with SA Rugby over resurrecting old-school tours between the All Blacks and Springboks.
SA Rugby have written an apology to New Zealand Rugby over the sequence of events that led to the haka being obscured before the Test at Ellis Park.
SA Rugby has confirmed that two South African U18 teams will take on England, France, Ireland and Georgia in Cape Town and Paarl next month.