SA Rugby delays vote on $75m private equity investment
SA Rugby delays vote on $75m private equity investment at Sports Minister's request
SA Rugby have announced the postponement of the Special General Meeting (SGM) to consider a proposal to conclude a private equity investment.
Springboks: SA Rugby rubbish bonuses claim in detailed Q&A over $75m private equity deal
SA Rugby have moved to rubbish reports, leaks and speculation around the private equity deal with Ackerley Sports Group (ASG). The union launched exploratory discussions back in 2018 with several private equity firms and after years of talks and delays,
SA Rugby Postpones Vote on Springboks Private Equity Deal
SA Rugby, which oversees the reigning world champion Springboks team, said it postponed a vote by its members unions on the sale of a 20% stake in a newly created commercial rights company to Seattle-based Ackerley Sports Group LLC.
SA Rugby's private equity vote on hold at request of sports minister
South African Rugby has postponed a Special General Meeting that was to be held on Thursday for unions to vote on a private equity deal with United States-based Ackerley Sports Group (ASG), officials said.
Springboks: Government intervention delays SA Rugby’s crucial meeting over $75m private equity deal
SA Rugby have announced the postponement of the Special General Meeting (SGM) to consider a proposal to conclude a private equity investment. This comes after a request from the South African government,
Gayton McKenzie gets postponement of SA Rugby equity deal meeting
A new date for the Special General Meeting to vote on the proposed SA Rugby equity deal will only be confirmed after the ...
Government Intervenes Over SA Rugby Equity Proposal
Government intervention on Wednesday led to the postponement of a South African Rugby meeting that would have voted on a ...
Controversy Erupts Over Proposed Sale Of Springboks Commercial Rights
By Priscilla Jepchumba The decision to sell 20% of the Springboks' commercial rights to Ackerley Sports Group (ASG) has stirred up controversy in South Africa.
SA Rugby’s equity deal dilemma
SA Rugby’s member unions (the provinces) were scheduled to vote on a new R1.3 billion equity deal with American company ...
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Deal or no deal? A timeline of SA Rugby’s road to potential privatisation
A detailed look at SA Rugby's proposed private equity deal, including how it came about, the current status and the ...
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SA Rugby equity deal Q&A explainer: ‘We’re not selling the Springboks’
Here's everything you need to know about the controversial billion-rand private equity investment deal that could have ...
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SA Rugby to continue engagement on equity deal
SA Rugby are hoping to set up a new company with US-based Ackerley Sports Group to help look after the rugby body’s ...
Springboks up for sale to private equity group, SA Rugby to hand over commercial rights
Deal would reportedly give Ackerley Sports Group 20 per cent stake in new commercial company and complete control of board.