The unions that voted against the failed Ackerley Sports Group equity deal want Saru to appoint a six-member committee to oversee the next potential bid. This was expressed in a letter sent to and acknowledged by Saru on Monday ahead of Thursday’s general council meeting in Johannesburg at which the way forward is set to
Finding a new equity partner was reportedly not high on the agenda when Saru’s executive council met on Saturday. In December, Ackerley Sports Group’s private equity bid – worth R1.4-billion for a 20% stake in SA Rugby’s commercial rights – failed to meet the 75% threshold it required, with seven of Saru’s 13 voting provincial
