If it is true that ARC (Motsepe) and Remgro (Rupert) might buy Puma rugby union, how will it work considering that they already own 74.9% of the Blue Bulls?
Bulls signed an equity deal which led to a change in the shareholding to;
ARC: 37.45%,
Remgro: 37.45%
Bulls: 25.1%.
Bulls signed an equity deal which led to a change in the shareholding to;
ARC: 37.45%,
Remgro: 37.45%
Bulls: 25.1%.
In 2003, Patrice Motsepe bought a 51% controlling stake in Sundowns to partner the Tsichlas family.
He ⬆️ his shareholding in Sundowns in 2004 by buying the remaining 49% from the Tsichlas family for an +-R65m which led to the renaming of the club to ‘Mamelodi’ Sundowns.
He ⬆️ his shareholding in Sundowns in 2004 by buying the remaining 49% from the Tsichlas family for an +-R65m which led to the renaming of the club to ‘Mamelodi’ Sundowns.
Remgro owns 100% of the Stellenbosch Academy of Sport (SAS).
SAS is the sole owner of Stellenbosch FC which plays in the DSTV league.
SAS is also a permanent base for the Western Province Rugby.
Both Patrice Mostepe and Johann Rupert own two PSL teams and a rugby team.
SAS is the sole owner of Stellenbosch FC which plays in the DSTV league.
SAS is also a permanent base for the Western Province Rugby.
Both Patrice Mostepe and Johann Rupert own two PSL teams and a rugby team.
2021, Sharks sold a 51% stake to a US consortium MVM for R75m.
Western Province turned down a R112m offer for a 51% stake from MVM.
Kolisi was released early from his contract with WP and joined Sharks.
Without money, you won't retain top talent and challenge for trophies.
Western Province turned down a R112m offer for a 51% stake from MVM.
Kolisi was released early from his contract with WP and joined Sharks.
Without money, you won't retain top talent and challenge for trophies.
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