Anzill Adams’ Post

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MBA (UCT), CEO/FOUNDER of DataLedger, a South African blockchain technology company.

The proposed American investment in Springbok rugby by Ackerley Sports Group (ASG) is mired in controversy and uncertainty… While SA Rugby touts the deal as a strategic partnership to enhance the commercial value of South African rugby, concerns loom over ASG's ability to fund the investment, as they are reportedly still seeking financial partners. Local franchises have expressed apprehension, fearing the impact on the sport's integrity and the management of commercial rights The deal, which is not yet finalized, hinges on approval from SARU's member unions. Some argue that the integrity of the sport could be compromised, echoing broader concerns about private equity's role in sports. Others however, see it as a necessary step for financial sustainability and global competitiveness. The outcome will be a litmus test for balancing commercial interests with the sport's traditional values…

‘We’re not selling the Springboks ...’ SA Rugby sheds light on American investment

‘We’re not selling the Springboks ...’ SA Rugby sheds light on American investment

iol.co.za

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