SA Rugby to gain no financial benefit from successful 1st URC, but it's all part of the plan | Sport

SA Rugby will receive no financial boost from its involvement in the United Rugby Championship despite its franchises ultimately having a wildly successful first season in the new competition. | sportmal Sport24news

SA Rugby will receive no financial boost from its involvement in the United Rugby Championship despite its franchises ultimately having a wildly successful first season in the new competition, culminating in a final between the Stormers and Bulls.

In fact, participating in the competition will remain nothing more than a yearly cost for the local governing body until 2025, when its shareholding finally kicks in. Considering that CVC Capital Partners, a Luxembourg-based buyout group, acquired a 28% stake in the URC for approximately R2.4 billion back in 2020 and projections that the tournament will earn between R667 million and R705 million per year, it would be surprising if questions aren't asked about why SA Rugby persists with an"investment" that nets them nothing out of the kitty.Get 14 days free to read all our investigative and in-depth journalism.

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