Another twist in Sharks’ ‘American’ ownership deal

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It is an open secret that the MVM Holdings consortium – which includes high-ranking Roc Nation Sports official Michael Yormark – would love Roc Nation client Siya Kolisi and Springbok captain to be the face of their investment in Durban. Picture: Ashley Vlotman/Gallo Images
It is an open secret that the MVM Holdings consortium – which includes high-ranking Roc Nation Sports official Michael Yormark – would love Roc Nation client Siya Kolisi and Springbok captain to be the face of their investment in Durban. Picture: Ashley Vlotman/Gallo Images

SPORT

The Durban franchise announced the signing of the agreement – which is rumoured to be a $6 million (R91 million) cash injection upfront for a 51% stake in the Sharks – this week. This came after the Americans decided to turn their investment efforts to the east coast after a lengthy but fruitless flirtation with the Western Cape’s Stormers.

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Former president Jacob Zuma's corruption trial was again postponed. The trial was adjourned to May 26. Zuma’s legal representatives indicated that they will bring an application for the state’s lead prosecutor Billy Downer to recuse himself
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Zuma is well within his rights.
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Another delaying tactic.
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An 18-year drag.
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