SA Rugby president Mark Alexander.
SA Rugby’s preferred bidder as equity partner, American company Ackerley Sports Group (ASG), is apparently still in the process of drumming up the money for its proposed investment in domestic rugby’s governing body.
News24 has learnt that despite jumping the gun by implying in a statement last week that a deal had been completed, ASG is still canvassing support for funding from other entities in the United States it has approached to partner with it on its venture to stump up in the region of R1.4 billion for a 20% stake in SA Rugby.
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