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WP Rugby (Pty) Ltd in crisis, confirm liquidation

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Cape Town - The Western Province Rugby Football Union confirmed on Monday that it had applied for, and obtained, an order for the provisional liquidation of Western Province Rugby (Pty) Ltd, in which it is a 75% shareholder.

President Thelo Wakefield and Group CEO Paul Zacks said that the union had retained expert legal and accounting advice and had fully explored all options before applying for liquidation of its commercial trading entity.

The union provided the following assurances:

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