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ABSA Currie Cup
Trouble at Western Province seems to be growing
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<blockquote data-quote="unrated" data-source="post: 1013076" data-attributes="member: 45773"><p>So we have all heard of the news of the American consortium, looking to buy a controlling stake in WP. So WP has stalled, because their notoriously corrupt and indecisive members/board could not agree. The Americans wanted to invest after seeing Kolisi lifting the world cup and thought hey let's go buy that team. </p><p></p><p>Now it seems they have moved their sight to Durban, they have been see in meetings with current Sharks CEO Eduard Coetzee. The guy leading the negotiations Mr. Mazotti for the American consortium was born in Amanzimtoti so makes sense that they now want to look at the Sharks. </p><p></p><p>I don't know how I feel about private equity in rugby. Specifically I don't want them to make money with the union and siphon it out to their consortium. They can bleed us dry. But yea anyway now it seems that if the deal goes though then Kolisi will be signed by the Sharks. Because they want Kolisi in their team and the Stormers players are apparently unhappy because the board threw away their chance at financial security. Rapport alleges that a majority of WP players are now refusing to sign new contracts while they wait for a result with the takeover talks.</p><p></p><p></p><p>The Kolisi rumours seem to have some merit to them as it was pointed out to WP coach Dobson, and he said he went to speak to Kolisi about the Sharks rumours. Kolisi replied, let's not talk about this now coach, let's focus on the weekend for now then we talk. That was Dobson's words paraphrased. So even he thinks there is something going on.</p></blockquote><p></p>
[QUOTE="unrated, post: 1013076, member: 45773"] So we have all heard of the news of the American consortium, looking to buy a controlling stake in WP. So WP has stalled, because their notoriously corrupt and indecisive members/board could not agree. The Americans wanted to invest after seeing Kolisi lifting the world cup and thought hey let's go buy that team. Now it seems they have moved their sight to Durban, they have been see in meetings with current Sharks CEO Eduard Coetzee. The guy leading the negotiations Mr. Mazotti for the American consortium was born in Amanzimtoti so makes sense that they now want to look at the Sharks. I don't know how I feel about private equity in rugby. Specifically I don't want them to make money with the union and siphon it out to their consortium. They can bleed us dry. But yea anyway now it seems that if the deal goes though then Kolisi will be signed by the Sharks. Because they want Kolisi in their team and the Stormers players are apparently unhappy because the board threw away their chance at financial security. Rapport alleges that a majority of WP players are now refusing to sign new contracts while they wait for a result with the takeover talks. The Kolisi rumours seem to have some merit to them as it was pointed out to WP coach Dobson, and he said he went to speak to Kolisi about the Sharks rumours. Kolisi replied, let's not talk about this now coach, let's focus on the weekend for now then we talk. That was Dobson's words paraphrased. So even he thinks there is something going on. [/QUOTE]
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Trouble at Western Province seems to be growing
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