Rupert's Bid Favored Over ASG by Sports Minister

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Rupert's Bid Favored Over ASG by Sports Minister
SA RugbyJohann RupertAckerley Sports Group
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South African Sports Minister Gayton McKenzie prefers Johann Rupert's proposal for SA Rugby over the revised bid from Ackerley Sports Group, citing division and strife caused by the ASG deal.

Sports Minister Gayton McKenzie believes an equity partner proposal led by billionaire Johann Rupert is a better option for SA Rugby (SARU) than a revised Ackerley Sports Group (ASG) bid. McKenzie said he has seen the Rupert-backed proposal and rated it superior to ASG’s. He said, 'I have seen another proposal, with my own eyes, from the Rupert group.

It is better than the ASG proposal', 'This deal has divided South Africans and taken the gloss away from the on-field successes of the Springboks,' McKenzie told. 'What has happened in the boardroom has taken away what the players have done. I think the time has come for us to move on.' ‘SA Rugby must find alternative sources of revenue and they must just kill this thing because it has caused a lot of unnecessary fighting, division, and strife,’ he added. ‘SA Rugby must think outside of the box, and I have faith in SA Rugby’s leadership in terms of finding another alternative.’

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SA Rugby Johann Rupert Ackerley Sports Group Equity Partner Sports Minister

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