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US investment in Sharks extends far beyond initial purchase: 'We have a unique opportunity'

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The Sharks (Gallo)
The Sharks (Gallo)

The investment that MVM Holdings has made in the Sharks goes far beyond the initial outlay of capital that secured the American consortium a 51% controlling stake in the union.

A figure has not been confirmed, but it is understood that MVM paid in the region of $6 million (around R92 million) to become the majority shareholder in one of the country's premier rugby franchises.

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