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Maroc Maroc - CAPETOWNETC.COM - A La Une - 22/Jan 04:00

SARU stung with R14 million bill after failed investment deal

The South African Rugby Union (SARU) is facing a substantial financial setback following the collapse of a private equity deal last month, Cape {town} Etc reports. The proposed partnership with Ackerley Sports Group, which sought to secure a R1.4 billion investment for a 20% stake in SA Rugby’s commercial rights, ultimately fell apart after failing to meet the crucial 75%...

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