The deadline to decide South African rugby's commercial future is edging nearer.
The 14 unions that make up the domestic landscape will, on 6 December, vote on whether to accept a R1.3 billion deal to sell a 20% stake in the South African Rugby Union (Saru).
Minister of Sport, Arts and Culture Gayton McKenzie met stakeholders and unions this week, having earlier persuaded them to delay their vote to engage in further deliberations.
McKenzie had earlier said the deal was not a forgone conclusion, as 75% of the unions must agree on its signing.
Acting spokesperson for McKenzie's office, Chad Kramer confirmed yesterday that the minister met the unions on Monday, but was mum on details.
"Commentary is reserved as the minister will release a press statement upon finalisation of the deal. Discussions are still ongoing and have not been concluded," Kramer said.
هذه القصة مأخوذة من طبعة November 23, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة November 23, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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