Funded by shareholders Remgro and Patrice Motsepe, together with main sponsor Vodacom, the Bulls have launched a relief fund initiative to assist clubs and those involved in community rugby in the region, following the effects of the coronavirus pandemic.
Vodacom Bulls CEO Alfonso Meyer says the new private ownership deal will give the franchise a much-needed injection of funds and allow for work on Loftus Versfeld. DYLAN JACK reports.
Billionaire businessman Patrice Motsepe has concluded a deal with Remgro and the Blue Bulls Company to buy a controlling share in the Pretoria-based franchise.
Saracens’ South African former owners sold their stake in the club partly because they feared it was breaching the Premiership salary cap.