Bulls chief boosts SA Rugby equity hopes
The proposed equity partnership between SA Rugby and the ASG has gained significant traction, with Vodacom Bulls boss Edgar Rathbone reportedly playing a pivotal role in addressing a critical sticking point.
SA Rugby set new equity deal D-day
The Ackerley Sports Group (ASG) will meet with seven dissenting provincial unions just days before a new vote date set for early December in a final chance to determine the fate of the equity deal.
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.
SA Rugby postpones equity vote
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 makes equity deal plea
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.
SA Rugby fires back over equity deal concerns
SA Rugby chief Rian Oberholzer has made it clear that the organization will not entertain any proposals to postpone Thursday’s general council meeting or consider alternative private equity bids.
Rugby bosses oppose equity deal
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: Boks not for sale
SA Rugby have confirmed negotiations are ongoing after being approached by private equity companies who wish to acquire a shareholding in the sport’s commercial activities.
SA franchises express equity deal concern
South African’s top four franchises have reportedly asked SA Rugby for clarity over a potential private equity deal with Seattle-based Ackerley Sports Group (ASG).
