South African Rugby Power Brokers Eyeing Alternative to ASG Deal

Sports News

South African Rugby Power Brokers Eyeing Alternative to ASG Deal
South African RugbyASGJohann Rupert
  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 30 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 75%

A group of South African rugby stakeholders, including Johann Rupert, Marco Masotti, and Johan le Roux, are preparing an alternative proposal to SA Rugby's planned equity deal with the US-based ASG. The new plan aims to challenge ASG's proposed acquisition of 20% of SARU's commercial rights, scheduled for a board vote soon.

Rupert, Marco Masotti , and Johan le Roux – each holding a stake in the Vodacom Bulls , Sharks, and DHL Stormers respectively – are said to back an alternative proposal.

A group of the country’s rugby power brokers, including billionaire Johann Rupert, is reportedly compiling an offer to rival SA Rugby’s proposed equity deal with US-based Ackerley Sports Group ., Rupert, Marco Masotti, and Johan le Roux – each holding a stake in the Vodacom Bulls, Sharks, and DHL Stormers respectively – are said to back an alternative proposal.

The ASG agreement would see the Americans acquire 20% of SARU’s commercial rights for R1.3 billion, but critics have raised concerns over its financial structure, hefty commissions, and the lack of guaranteed funds.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheCitizen_News /  🏆 6. in ZA

South African Rugby ASG Johann Rupert Marco Masotti Johan Le Roux Vodacom Bulls DHL Stormers SARU Equity Deal

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Du Toit Makes History: First South African to Win World Rugby Player of the Year TwiceDu Toit Makes History: First South African to Win World Rugby Player of the Year TwicePieter-Steph du Toit becomes the first South African to win World Rugby’s Men’s 15s Player of the Year award twice, cementing his place in rugby history. Seven Springboks, including Du Toit, Etzebeth, Kolbe, Nche, Marx, de Allende, and Kriek, were named in the World Rugby Men’s 15s Dream Team for 2024.
Read more »

Allister Coetzee returns to South African rugbyAllister Coetzee returns to South African rugbyFormer Springbok coach Allister Coetzee has returned to South African rugby, taking up a key coaching role.
Read more »

URC Weekend Set to Ignite South African Rugby Fans with Intense Local Derbies and Tough MatchesURC Weekend Set to Ignite South African Rugby Fans with Intense Local Derbies and Tough MatchesSouth African rugby fans prepare for an exhilarating URC weekend with local derbies, returning stars, and tough international battles. The Sharks and Stormers face off in a fiery derby, while the Bulls and Lions compete against Connacht and Munster respectively.
Read more »

South African Rugby Player Kurt-Lee Arendse Excited for Japanese AdventureSouth African Rugby Player Kurt-Lee Arendse Excited for Japanese AdventureKurt-Lee Arendse, a rugby player for the Vodacom Bulls, has been unveiled by League One team Mitsubishi Sagamihara DynaBoars in Japan. He is enthusiastic about his short-term loan to the team and expresses a desire to make a permanent move to Japan in the future.
Read more »

Blood bank launches summer campaign to raise donor numbersBlood bank launches summer campaign to raise donor numbersThe South African National Blood Service urges South Africans to become regular blood donors.
Read more »

World Rugby Awards Celebrates Global Rugby Stars and Springboks' Unbeaten SeasonWorld Rugby Awards Celebrates Global Rugby Stars and Springboks' Unbeaten SeasonThe World Rugby Awards ceremony, featuring the world's top rugby players, took place in Monaco. This followed the Springboks' impressive unbeaten European tour, marking their first undefeated season in Europe since 2013.
Read more »



Render Time: 2025-02-13 17:08:05