Latest news with #SARugby
IOL News
4 days ago
- Business
- IOL News
SA Rugby to unlock new revenues as full shareholders in URC from next season
South Africa will see a bigger revenue picture when they become full partners in the United Rugby Championship (URC) from the end of June this year. While the URC has treated the South African Rugby Union (SA Rugby) and the four franchises the way full members have been treated, CEO Martin Anayi confirmed this week they will be granted equity in the URC and European Professional Club Rugby (EPCR) competitions. SA Rugby's status as a full shareholder promises better financial gains for them, with the mother body no longer required to pay annual participation fees to the URC. The broadcasting and sponsor revenue will now be redirected directly through the URC structure from which SA is set to benefit. 'We effectively treat the South African Rugby Union and the four franchises the same way we do all our members already,' Anayi said this week. 'They are on the same boards and committees. They have the same decision-making. The key thing is they become a full shareholder from the end of June and that is a process that is on-going. From the impact point of view, it is substantial, most importantly from a competitive point of view. We've had three finals in South Africa. 'Yes, we've had two away wins, but those teams (from South Africa) are super competitive, and we've seen over 34 000 tickets sold for the Bulls vs Sharks game (the semi-final at Loftus) already. We had a huge number of tickets sold (last week) for the Sharks game (vs Munster) in the quarter-final. There is a huge engagement which drives everything else. 'It is a very positive relationship with all of the stakeholders in South African rugby, and they want to be part of the league. They are putting the league first. That is a massive boost for the URC. It is fantastic, but ultimately it starts with the most important thing; competitively, those teams are right up there, and they are pushing standards.' Anayi added that the addition of the South African teams made the league more competitive than before. He said it's an important change in June, because South Africa becomes a full shareholder with it. Meaning, they will have equity in the league. He continued that there is no indication that the local sides failed to live up to expectations in the tournament. 'That is a very hard argument to make seeing that SA had three finals in three years. I haven't had that, and it is not something that's been discussed around our table.'
IOL News
5 days ago
- Business
- IOL News
SA Rugby in the pound seats as international rivals struggle to make ends meet
Saru CEO Rian Oberholzer was happy to report a R100m profit for the union this week. Photo: Supplied Image: Supplied South African rugby is set to buck the global trend and report a profit of more than R100 million for 2025, clearing 2024's losses and ensuring the 15 member unions receive their full funding, while support for the Springboks and all national teams continues unchecked. This good news emerged from the annual meeting of the South African Rugby Union (SARU) in Cape Town on Thursday. Last year, South African rugby recorded a loss of R93 million due to its investment in northern hemisphere rugby competitions, but SA Rugby has already wiped out that deficit with a strong start to 2025. This is in contrast to many rival countries, who are under severe financial pressure. Other international federations have lost as much as R913 million, with five other Tier One nations reporting losses of between R588 million and R181 million. The next 'best' performance after South Africa's was a loss of R126 million, members at the meeting were told. SA Rugby's continued investment into membership of northern hemisphere competitions led to a group loss in 2024, but the organisation had already wiped out that deficit with a strong start to 2025 - more here: 👍 — Springboks (@Springboks) June 5, 2025 Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading Rian Oberholzer, CEO of SA Rugby, said that participation in the United Rugby Championship (URC) and European Professional Club Rugby (EPCR) came at a net cost of R124 million in 2024. 'We have been investing in the long-term future of South African rugby to become full members of the URC for the best part of eight years,' said Oberholzer. 'It has come at a significant cost to the sport, but there is no doubt that it has been the right thing to do. 'Once we fulfil certain membership obligations this year, we will begin to reap the on- and off-field rewards of such investment. 'If we had not undertaken this journey, we would have been reduced to playing only domestic competitions, which would have had catastrophic high-performance as well as financial ramifications for rugby in South Africa. 'It has been a tough financial road, but we have annually outperformed our global peers since the pandemic, while taking on the unusual cost of our investment into the URC and EPCR. 'Reporting a loss can never be desirable, but the irony is that we are more than satisfied with our position,' said Oberholzer. 'We had budgeted for a loss in 2024 in the expectation that the members would approve the private equity transaction that they had sought, releasing funds to cover the deficit. 'When that did not happen, we continued with our planned commercial reset and other revenue generation plans, which have borne fruit. We are in the very rare position among our international peers of continuing to be debt-free and confident of posting a surplus in 2025.'
The Citizen
5 days ago
- Business
- The Citizen
SA Rugby's financial future looking rosy
The South African Rugby Union (Saru) is set to buck the global trend and report a profit of more than R100m for 2025. South African rugby's continued investment in membership of northern hemisphere rugby competitions led to a R93m group loss in 2024, but the organisation had already wiped out that deficit with a strong start to 2025, the annual meeting of Saru was told in Cape Town today. Saru's reported profit in 2025 would ensure the 15 member unions receive their full funding, while support of the Springboks and all national teams would continue unchecked. In the last reporting cycle, other international federations had lost as much as R913m, with five other tier-one nations reporting losses of between R588m and R181m. The next 'best' performance after South Africa's was a loss of R126m, members were told. SA Rugby CEO Rian Oberholzer said that the investment in participation in the Vodacom URC and European Professional Club Rugby (EPCR) had come at a net cost of R124m in 2024. 'We have been investing in the long-term future of South African rugby to become full members of the URC for the best part of eight years,' said Oberholzer. 'It has come at a significant cost to the sport but there is no doubt that it has been the right thing to do. 'Once we fulfill certain membership obligations this year, we will begin to reap the on and off field rewards of such investment. 'If we had not undertaken this journey, we would have been reduced to playing only domestic competitions, which would have had catastrophic high performance as well as financial ramifications for rugby in South Africa. 'It has been a tough financial road, but we have annually outperformed our global peers since the pandemic, while taking on the unusual cost of our investment into URC and EPCR.' Oberholzer said the turnaround in 2025 was being achieved by a reformatting of SA Rugby's offering to partners, featuring enhanced rights at enhanced values, as well as the creation of a new commercial delivery model. Overall, in 2024, group commercial revenues exceeded R1.5b for the first time (R1.552b), up from R1.440b in 2023. Total income with the addition of grants (principally from World Rugby of R186m) took total income to R1.76b. Revenues for 2025 are forecast to exceed R2b. The 7.8% increase in revenues was attributable to increased broadcast revenues in a non-world cup year, competition sponsorships and a strong performance in merchandising receipts which more than doubled from R30m to R62m. Expenses increased from R1.816b to R1.871b. The 2.9% increase was put down to investment in hosting three World Rugby tournaments (R133m), a R24m increase in player image rights (to R148m) and the costs associated with the mooted private equity transaction (R13m). Total expenditure attributable to the northern hemisphere international franchise competition was R446m while SA Rugby was still able to make a full distribution to member unions. Spending on the No 1-ranked Springboks, and other national teams, was R433m, a reduction of R27m on the world cup winning year of 2023 (R460m). 'Reporting a loss can never be desirable but the irony is that we are more than satisfied with our position,' said Oberholzer. 'We had budgeted for a loss in 2024 in the expectation that the members would approve the private equity transaction that they had sought, releasing funds to cover the deficit. 'When that did not happen, we continued with our planned commercial reset, and other revenue generation plans, which have borne fruit. We are in the very rare position among our international peers of continuing to be debt-free and confident of posting a surplus in 2025.' ALSO: SA Rugby defends Bok ticket prices Oberholzer said the financial outlook beyond next year was equally healthy with strong revenues forecast for 2026 with new competition formats in the pipeline. 'The income that SA Rugby generates all goes back into supporting the growth and promotion of rugby in the country,' he said. 'It allows us to fund Springbok campaigns, expand women's rugby programmes and fuel our other national teams. It pays for our members' activities in their communities, as well as their professional teams. It underwrites our rugby safety programme BokSmart; supports referee and coaching development and our age group competitions, as well as development programmes and allows us turn on sell-out Test match entertainment and our domestic competitions. 'Ultimately, every rand that we earn goes into powering the game in some shape or form and after a challenging 2024 we have a good news story to tell our South African rugby community as we look ahead.' The post SA Rugby's financial future looking rosy appeared first on SA Rugby magazine. Breaking news at your fingertips… Follow Caxton Network News on Facebook and join our WhatsApp channel. Nuus wat saakmaak. Volg Caxton Netwerk-nuus op Facebook en sluit aan by ons WhatsApp-kanaal.
The South African
5 days ago
- Business
- The South African
SA Rugby reports R93m group loss, but...
Although SA Rugby confirmed on Friday that the organisation has largely continued to run at a loss, there was a decisive statement that revealed that clarified that the R93m group loss in 2024 had already been wiped out with a strong start to 2025. The loss was predominantly put down South African rugby's continued investment into membership of northern hemisphere rugby competitions, but SARU is reportedly set to buck the global trend and report a profit of more than R100m for 2025. In the last reporting cycle other international federations had lost as much as R913m with five other Tier One nations reporting losses of between R588m and R181m. The next 'best' performance after South Africa's was a loss of R126m, members were told. Overall, in 2024, Group commercial revenues exceeded R1,5bn for the first time (R1,552bn), up from R1,440bn in 2023. Total income with the addition of grants (principally from World Rugby of R186m) took total income to R1,76bn. Revenues for 2025 are forecast to exceed R2bn. The 7,8% increase in revenues was attributable to increased broadcast revenues in a non-Rugby World Cup year, competition sponsorships and a strong performance in merchandising receipts which more than doubled from R30m to R62m. Expenses increased from R1,816bn to R1,871bn. The 2,9% increase was put down to investment in hosting three World Rugby tournaments (R133m), a R24m increase in player image rights (to R148m), and the costs associated with the mooted private equity transaction (R13m). Total expenditure attributable to the northern hemisphere international franchise competition was R446m while SA Rugby was still able to make a full distribution to member unions. Spending on the world ranked number 1 team, the Springboks, and other national teams, was R433m, a reduction of R27m on the Rugby World Cup winning year of 2023 (R460m). Oberholzer said the financial outlook beyond next year was equally healthy with strong revenues forecast for 2026 with new competition formats in the pipeline. 'The income that SA Rugby generates all goes back into supporting the growth and promotion of rugby in the country,' he said. 'It allows us to fund Springbok campaigns, expand women's rugby programmes and fuel our other national teams. It pays for our members' activities in their communities as well as their professional teams. It underwrites our rugby safety programme BokSmart; supports referee and coaching development and our age group competitions as well as development programmes and allows us turn on sell-out Test match entertainment and our domestic competitions. 'Ultimately, every rand that we earn goes into powering the game in some shape or form and after a challenging 2024 we have a good news story to tell our South African rugby community as we look ahead.' Let us know by leaving a comment below, or send a WhatsApp to 060 011 0211. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
The South African
5 days ago
- Sport
- The South African
How could uncapped players fit into Springbok squad?
The first Springbok training squad of the season, which was confirmed on Thursday by SA Rugby, includes 31 Rugby World Cup players and nine uncapped players in a group of 54. Those nine players in the group are Marnus van der Merwe, Neethling Fouche, Asenathi Ntlabakanye, Cobus Wiese, Renzo du Plessis, Vincent Tshituka, Juarno Augustus, Ethan Hooker and Ntokozo Makhaza. Although this squad will be trimmed closer to the start of the Test season, it is worth considering how these uncapped players could fit into the Springbok team, and what has brought them into the national picture. Ethan Hooker: The versatile Sharks back, who can play at wing or centre, has been loudly knocking on the Springbok door this season. He is surely set for a Test debut sooner rather than later, likely to be on the right wing as someone who can afford Cheslin Kolbe some rest when needed. Juarno Augustus: A standout player for the Northampton Saints this past season, Augustus now has experience on his side, and could provide a very good option at No 8 considering the injuries to other players in this position. Vincent Tshituka: The Congolese-born Tshituka will add some much-needed depth at blindside flank, and it would not be a surprise at all to see him make his debut against Italy or Georgia in July. Ntokozo Makhaza: The Varsity Cup superstar was a bit of a bolter in the squad selection, and it will be interesting to see whether the talented wing has shown enough to tempt the Springbok coaches into offering him an international cap this July. Renzo du Plessis: Another rising star in South African rugby, the dynamic loose forward is in the mould of Kwagga Smith. A debut against Georgia would certainly seem feasible. Neethling Fouche: The Stormers powerhouse prop will add important back up at tighthead, and considering Frans Malherbe is still sidelined with injury, Fouche is due for his first Test cap. Asenathi Ntlabakanye: A 145kg giant, his physical dimensions set him apart from the pack, and perhaps the one-off games against the Barbarians and Georgia will present an opportunity for the big tighthead prop to get a Springbok game under the belt. Marnus van der Merwe: Another position where the Springboks need to build depth is at hooker, and Van der Merwe is deserving of consideration after impressing for Welsh club Scarlets. When Malcolm Marx or Bongi Mbonambi are in need of a rest, the baton should be passed to Van der Merwe Cobus Wiese: With the ability to play at lock and loose forward, the 27-year-old boasts all the physical attributes to make an impact for the Springboks in some of the Tests this season when experimental selection is likely to come into consideration. Let us know by leaving a comment below, or send a WhatsApp to 060 011 0211. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news. Meanwhile, here is an important reminder on ticket sales for the Springbok men's game against Argentina in the Rugby Championship at Twickenham in October. Ticket sales Tickets are on sale via and England Rugby, starting from just £55* for adults and £28* for Under-16s. (*booking fees apply)
