Why This American Company Wants To Buy Springboks
Why This American Company Wants To Buy Springboks
Ackerley Sports Group made a R1.4 billion bid for a 20% stake in the Springboks, but after a lengthy exclusive negotiation period, the deal collapsed amid controversy. SA Rugby faced heavy criticism after reports exposed key details, including the U.S. private equity firm gaining effective control of the Commercial Rights Company and a…
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As an American, I will say that IF this happens, you need to have it clearly stated that the investors don't have any control, obviously South Africans and the people of South Africa brought the value of the brand to a level that is making an American company want to invest. And whatever company does get that, it has to be written that they will invest an X amount of $$ in Education, Infrastructure or whatever the people of South Africa feel is most needed. We are great at buying professional teams, but this is much much more than a professional team, this is the heart an soul of a nation. God bless South Africa, and Go Springboks, from your biggest fan in Miami!
With that Gayton as the minister of sports that shady company may get it. Gayton did say "I WANT POWER"and people like can't be trusted as they can easily be bought.