The member unions of SA Rugby, which oversees the national team, recently rejected its plan to sell a 20% stake in a newly created commercial-rights company for $75 million (about R1.3 billion) to Seattle-based Ackerley Sports Group LLC.
While the American firm has an exclusivity period until the end of this year to make a revised offer, local investors have expressed interest in acquiring a share of the rights.
This story is from the December 12, 2024 edition of The Citizen.
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This story is from the December 12, 2024 edition of The Citizen.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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