GOVERNMENT BLOCKS SA RUGBY EQUITY DEAL PROPOSAL! | Rugby News

[@saiyandemonisher]

Well done Gayton. Finally someone not selling his Soul for Dollar signs.

[@MorgMorg-uf6ps]

Done that already🤑 got caught😂

[@NeilEllis-u6h]

God man Mr Gayton for president...

[@karabocalvin1152]

@@MorgMorg-uf6ps😂😂😂

[@avrilgardiner9111]

Thank you, Gayton. It is the first time ever that I have supported government "interference", if you can call a polite request interference. I read extracts from your letter and it was done in a civilized way.

[@janhbhugo5085]

Rugby is the Soul of South Africa , you never sell your soul !

[@allandanielprice2313]

I thought it was soccer

[@angelogomz]

My feelings are as follows, this format has been tried in England and New Zealand, and has failed badly. We just need to look at what happened in those countries and realize that this is a bad idea. I truly hope it does not go through. Proudly Springbok

[@gavinsmith28]

I’m so opposed to selling a national symbol… it’s just not acceptable

[@myshepspud1]

Yeah.. The springbok symbol was almost obliterated by a protea.. But keep going.

[@petervanzyl518]

SO NOW the President of SARU suddenly puts forward their "anticipated" outcome of this Nefarious Transaction? Well done SA Sports Minister + Rugby Unions and supporters for exposing this sham.

[@janhbhugo5085]

Very happy with this ! Well done!

[@edithmiller3114]

Thank you Mr Mckenzie!!

[@ianjacobs2998]

DON'T LET IT HAPPEN. THANKS MINISTERS!!!!!!!!

[@PowrAl]

Very happy with this outcome. If it wasn't for Tim Coetzee from Eggchasers have would not even have paid attention to what's going on at SARFU.

[@stephenvaneyssen3590]

Thank Goodness For Mr Mckenzie

[@soulrestoration5486]

Thank you Minister Gayton

[@robsemer2240]

No amount would be enough..it's a joke..Springboks cannot sell their soul..private equity in sport did not work in the UK or New Zealand

[@talentfinder575]

Thanks to Gayton and Rassie

[@petervanzyl518]

Same reaction occurred with the All Blacks for a 5,8% share for the same Us$134million fee! Took them 2 years to sort it out!

[@pumkineater7219]

First time I’ve agreed with a government stepping in to any sport! Well done S.A.!

[@avrilgardiner9111]

Me too. Absolutely.

[@SwiftSP]

I looked at that amount for so much control of the Springboks and I learned today it is a loan. Springboks fans must rather start a crowd funding for rugby and we will contribute whatever we can:Bietjie Bietjie maak baie 🇿🇦

[@archibaldwittes2855]

I 100% agree with your solution and hope we take it further.

[@johngraham5948]

Well done SA 👏 but you need cancellation not a postponement

[@John-o4k]

This is the cost of success. Greedy businessmen want a piece of the pie. This has to blocked then binned. If money is needed then ask the fans

[@phillipshepherd1465]

Great move. The Boks is not for sale.

[@kevindevane6175]

For all that is holy, stay away from this deal. Any group who has gotten involved with these guys has ended up regretting it.

[@IS-77]

Thank you, Gayton Mckenzie

[@frederickbotha2379]

Alexander is just looking to fill his own pockets !!!!!

[@georgevanderschyff8422]

Ja he’s not lekker

[@Cameron_JK]

outstanding

[@davidwalker2402]

Obviously it wasn’t meant to be. I think we will see serious innovations in rugby in the near future.

[@mariusstrydom3667]

The All Blacks did that and it is not working for them. Springbok Rugby belongs to South Africa and not a company with money.

[@robinwood1358]

so SA Rugby (Alexander) didn't or wasn't planning to discuss this with the Minister ?

[@NeilEllis-u6h]

Gayton the best man for the job...

[@daveerasmus4292]

rugby belongs to citizens not the money swingers

[@andywest279]

I agree with gayton well done Sa rugby is owned by the nation for the nation.

[@jairus1244]

The brand belongs to the people of South Africa. It is and will always be a very important part to shaping our democracy.

[@desertstar223]

Gayton just saved the Springboks from being destroyed by greedy Americans

[@benvandermerwe2359]

The Springboks started as amature rugby. It is and still is property of the South African public. SARU may be reprensenting the springbok symbol but it does not own it, the SA public does. If you want to own it, create your own brand, symbols etc just know that SA public won't support it. Very Well done Gayton!

[@Sean1homeles]

Protect your integrity above all things. Don't let people with big money buy it. The world is fickle. South Africa is building slowly but surely to sustain itself

[@quintinroman3882]

Equity deals don't work. London Irish, Wasps & Worcester found out the hard way.

[@georgevanderschyff8422]

Let’s see how the Sharks deal goes over time.. they do seem to be attracting big names

[@daveerasmus4292]

only few will benefit out off these deals ,like now where only people with dstv can see all ife games

[@archibaldwittes2855]

It would destroy our development .

[@alwayschilld]

Look at the model applied in English premiership...it's a disaster...now they want to join EPL and URC...because they have run out of money...!!!! Pray to God that sanity prevails here and SARugby look after themselves... Who ever ....ever signs an evergreen contract??

[@etienneshawe1727]

I think this time the government got it right.

[@zwet4269]

I was okay with this deal but I didn't know it was forever, I thought it would be for 10 years or 20 years

[@petervanzyl518]

It was ALSO DISTURBINGLY NOT a "BUY transaction" BUT a LOAN?- to be paid back as and when?? with a controlling Interest in the day to day running - in perpetuity - regardless of the pay back of the Loan!!

[@zwet4269]

@@petervanzyl518 yes like how do they own 20% but have controlling voting rights and shares

[@tonyevans4060]

Greed will be the deciding factor here, eventually!! Whose palms get greased to make it happen?Corruption is part of the culture so why not with a national sporting asset?Ticket prices, TV rights( pay per view),merchandising, branding etc,etc,etc all controlled by a private entity who control all commercial pricing?Never mind the squad we just won’t be able to afford to watch and support OUR OWN DAMN TEAM!!🤔😱

[@khayelihlemngoma2393]

This deal would be driven by greed. No other sporting code receives as much sponsorship and support from local corporates than rugby. That list is endless.

[@stevecarter1164]

Short-term gain and long-term pain. Boot this offer into touch,

[@Ashton_Pillay]

A win for South African rugby long term....sellling 20% in perpetuity for a pittance is crazy. At the very most, it should be $75 mil over 5 years and then open to others to bid for a further renewable contract.

[@Mike-ym6rl]

Dallas Cowboys in the USA: it's franchise value is 5 Billion Dollars with 5 Championships under it's belt. That is equal to 88.2 Billion Rand today. Also, the request for commercial rights Forever, is unacceptable. (2 to 4 seasons perhaps - no more....see how the partnership manifests)

[@bravestarr1797]

How can we think of selling part of our history to an American company i'm glad government stepped in

[@victorswart7411]

Ask NZ rugby how great it is. They spent the money niw lost controle and must keep on paying this Co. They did it in foorball same proble. Yiu lose controle and end up more in debt and worse off than when u started. They can shove the money.

[@jskok3280]

More or less the same as what happened to our disaterous e toll scam. The fact that this move was considered in the first place, just shows you that money talks. The money grabbers were willing to sell their souls to mammon. I am glad it fell through. But behold, greed nevers satisfies. They will come up sooner or later with another money grab proposal.😮

[@anthonyafonso3599]

Thank you Gayton. .Why do you think Billionaires are buying Sport and media outlets?

[@BrettWood-h7o]

Great!! Looks what these guys have done across board, failure in England, failure in NZ and the Leeds football team is a mess!! 20% forever, not a great deal!

[@karldrogo9765]

How come Silver lakes bought 6% of NZ rugby giving it a much greater value and we are out negotiated...also Americana arw extractive as hell without remorse and springboks is our most precious symbol. They can invest in Bafana

[@davidpells4298]

If Gayton did not intervene the vote would have gone against SA Rugby ..He was buying SA Rugby time ...Gayton if you are undecided let me remind you ...The Boks are not SA Rugby's property to sell. ..Also if the deal does go thru ..full disclosures of all commission's paid and to who ...

[@The_Vuka_Experience]

Well done Gayton. You don’t want to overly commercialise such an organic national treasure. Once you get capitalists in they will want to recoup their investment at our expense.

[@KarateGucci]

Why can they not grow themselves " organically "...you don't always need outside money .If you run your bizness well and you have a sought after product , you can borrow money to grow ...if not ...get people in who can ....when Dwain takes over from Rassie maybe Rassie can help . Don't sell 20 % SA rugby to an overseas bizness who promises big rewards but deliver nada because they buttered their slice on both sides ...

[@ErrolWeidemann-xn4zv]

I will no longer support Gayton or SA rugby if this deal goes through.

[@mazibukomail]

Now Gayton needs to account for his R800 000 trip that he first denied.

[@zarg64]

two countries have done it and it's a disaster, so it doesn't serve as a lesson for the others? only one national championship works really well in the world (Top14 French), so why not do the same?