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SUNDAY SPICE | STORMERS’ SPRINGBOKS ‘LIVID’ – AND MAY LEAVE – IF INVESTMENT DEAL FALLS THROUGH

PHOTO CREDIT - GALLO IMAGES

The Stormers could lose some of their key Springbok stars, including captain Siya Kolisi, if a lucrative investment deal falls through.

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MVM Holdings, led by Durban-born lawyer Marco Masotti, wants to invest $6 million (R100 million) into WP Rugby’s business arm for a 51% controlling stake.

However, with WPRFU president Zelt Marais having expressed his concern about relinquishing control, and negotiations dragging on, the deal may not take place. 

A source familiar with the negotiations told City Press newspaper that the Stormers’ senior players were unhappy with the delay.

‘The players are absolutely livid. We’re going to lose a lot of them,’ he said.

‘This deal is so good and we’re treating them so badly; it’s almost as if we’re trying to push them away. How anyone can refuse R100 million in the time of Covid-19 is remarkable.

‘There’s no way Siya can start a new contract with a union that has no ability to underwrite it. The seven or eight Springboks at the Stormers are furious because it’s not easy to find an equity partner in rugby at the moment.

‘We’re now in a position where the union’s going to lose Siya. Those Boks can’t go to local teams because they’ve contracted for their salary caps. They’ve met with Zelt Marais twice to ask what’s going on. Now they’re planning their next move.’

Apart from Kolisi, the Stormers’ Springboks include Steven Kitshoff, Pieter-Steph du Toit, Frans Malherbe, Bongi Mbonambi, Herschel Jantjies and Damian Willemse.

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Written by Garrin Lambley

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