Outgoing Southern Kings chairperson Loyiso Dotwana, whose company was relieved of its majority shareholding of the Eastern Cape franchise by SA Rugby this week, says he would love to be involved in rugby again, provided that the game changes the rules of engagement with private equity partners.
SA Rugby’s taking over of the running of the franchise on Monday comes after the majority shareholder of the Pro14 franchise, the Greatest Rugby Company in the Whole Wide World (GRC), failed to meet its contractual commitments on acquiring the shareholding. Monday’s takeover marks the end of an unhappy 18 months at the helm of the franchise for Dotwana’s company.
It has ended a fraught spell in charge, bedevilled not only by an acrimonious relationship with minority shareholders Eastern Province, but also by financial problems and a general ability not to get much done. The inability to nail down a head coach after looking for a year is a case in point.