A four-year wait: SA Rugby won't immediately share in United Rugby Championship's profits

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SA Rugby will only become a URC shareholder in four years' time. (Photo by Carl Fourie/Gallo Images/Getty Images)
SA Rugby will only become a URC shareholder in four years' time. (Photo by Carl Fourie/Gallo Images/Getty Images)

Earlier this week, SA Rugby and PRO Rugby officially confirmed that the Bulls, Lions, Sharks and Stormers will embark on a new playing future in Europe, a tournament called the United Rugby Championship (URC).

It's the "PRO16" every local rugby supporter has informally referred to over the past nine months.  

The announcement - questions over the prospective competition's competitiveness and prestige aside - provides much-needed certainty to local franchises' playing future after the shock of Australia and New Zealand ditching them for Super Rugby.

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