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London
July 15, 2024
PI Global Investments
Private Equity

SA Rugby needs tight game plan to not fumble R1.4bn US private equity deal


Siya Kolisi lifts The Webb Ellis Cup after the Springboks beat New Zealand at the Stade de France on October 28, 2023 in Paris (Dan Mullan/Getty Images)

Siya Kolisi lifts The Webb Ellis Cup after the Springboks beat New Zealand at the Stade de France on October 28, 2023 in Paris (Dan Mullan/Getty Images)

A R1.4-billion private equity deal could help catapult the Springboks into sports stardom in countries where their brand has room to grow – with a resulting rise in advertising, merchandising and sales that fills SA Rugby’s coffers, says a corporate finance and valuation expert.

However, SA Rugby Union (SARU) bosses need to be extremely careful about who they decide to partner with and how they use the funds, says Johann de Lange, the managing director of Worth.Business.

“They are going to have to have a very clear plan about what they want to do with the funds,” he said.

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