Flogging the Bok brand? Fat chance as SA Rugby ramp up race for private investment | Sport

  • 📰 News24
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 80%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

SA Rugby will provide new details on a private equity transaction with CVC to its general council next month, but doubters need not fear - the Springbok emblem isn't for sale. | Sport24news sportmal

While the past few weeks have prompted a fierce debate over whether the Springboks are becoming a"disliked" team because of Rassie Erasmus' controversial refereeing tweets, it's undeniable the national team's brand is still one that commands a lot of attention … and monetary value.

Next month, SA Rugby will provide details to its 15 unions at a general council meeting about a proposed equity deal with CVC Capital Partners, one where the Green-and-Gold jersey has undoubtedly been leveraged. But the broader rugby fraternity need not worry, the Springbok emblem isn't being flogged to benevolent capitalists.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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:

 /  🏆 4. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines