Side Entry | Franchises will finally be briefed about equity deal

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
play article
Subscribers can listen to this article
Picture: iStock/ Wavebreakmedia
Picture: iStock/ Wavebreakmedia


It was nine months ago that news of private equity firm CVC Capital Partners’ wanting a percentage shareholding in SA Rugby first filtered through the local ecosystem’s grapevine.

Despite the negotiations having taken that long – whole babies have been born in that time – not only are they understood to still not have been concluded, the chief executives of the main franchises claim to be in the dark about the details surrounding the proposed deal.

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.
Already a subscriber? Sign in


Read the digital editions of City Press here.
Read now
Voting Booth
Were the knee-jerk travel bans imposed on SA following our detection of the Omicron variant necessary?
Please select an option Oops! Something went wrong, please try again later.
We are being punished
48% - 53 votes
Rather safe than sorry
29% - 32 votes
They have every right
23% - 26 votes