SouthAfricaRugby

Setbacks and New Opportunities: Ackerley's Ambitions in South African Rugby

3 days ago

In a bold and strategic move, Ackerley, a prominent sports investment firm, is planning to pursue a fresh deal in the South African rugby market following the unsuccessful bid for a major local franchise. The firm initially sought to acquire a stake in a team, aiming to establish a stronger foothold in a sport that is rapidly growing in popularity and commercial viability. However, their first attempt was met with resistance, prompting the company to reassess its strategy and consider alternative approaches.

Time's Up: Ackerley’s Exclusivity Period for South Africa Rugby Stake Bid Concludes

6 days ago

The exclusivity period granted to Ackerley for its bid to acquire a stake in South Africa's rugby assets has officially come to an end as of January 3, 2025. This significant milestone marks a critical juncture in the ongoing negotiations surrounding the financial overhaul of South Africa's premier rugby establishment. The exclusive negotiation time frame had provided Ackerley with the unique opportunity to finalize the deal, but with the deadline now passed, the future of South African rugby's financial stability remains uncertain.