Reported 3 days ago
Ackerley Sports Group's exclusivity period to bid for a stake in South Africa's Springboks commercial rights has ended, as reported by SA Rugby. In December, SA Rugby's union members rejected Ackerley's proposal to purchase a 20% share in a new commercial-rights company for $75 million. The organization, facing financial struggles and risk of collapse, has yet to outline new bidding processes while local investors show interest.
Source: YAHOO