Fulcrum29
Honorary Master
33-7
HT
The Waratahs are actually trying...
HT
The Waratahs are actually trying...
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The Blue Bulls Company (Pty) Ltd is close to bankruptcy and struggling to repay the Blue Bulls Rugby Union after receiving unauthorised loans worth millions.
According to Rapport newspaper, BBRU president Gert Wessels allegedly made several unauthorised loan transfers from the union’s funds to the company, but the payments are in arrears. The company is close to being declared bankrupt and is surviving on more loans and favours.
An initial loan worth R8.43-million from the union to the BBC was supposed to be paid off by February 2017 but the company has failed to do so. Despite the non-payment, the union’s CEO Eugene Hare approved another unauthorised loan of R5-million to the BBC, while also signing as a surety for R7.5-million of the company’s other outstanding debt.
The unions’ clubs have now tabled a motion of no confidence in Wessels, stating that he recklessly acted outside his mandate and ruined the union financially.
‘We are of the opinion that he [Wessels] did not put the BBRU’s interests first and we feel he can’t stay on in the position as president,’ said BBRU vice-president Henri van Aswegen.
But according to BBC CEO Barend van Graan, financial difficulty is not exclusive to the Bulls' business arm, but rather the entire South African rugby industry.
‘We are under pressure financially because of the teams’ underachievements, rising costs, low income and dwindling [crowd] attendance. The company will repay these loans as soon as we start making profit again,’ said Van Graan.
After being requested from the BBRU to resign, Wessels reportedly said he’ll only do so if the union nominates him for a position on the SA Rugby executive committee
As I have previously mentioned, the Panasonic Wild Knights have three players in development in partnership with the Crusaders and the Highlanders.
Here is Takuya Yamasawa receiving specialised kick coaching from the Irish legend, Ronan O'Gara,
https://panasonic.co.jp/sports/rugby/voice/2017/180314135300001.html
All three players will again represent the Crusaders A (Knights) and Highlanders A (Bravehearts), respectively, this weekend.
I can guarantee that Panasonic will never make Taiki Koyama, Takuya Yamasawa or Yoshikazu Fujita available to be ‘loaned’ for the Sunwolves under the current circumstances. This may another case for national duty as prescribed under the JRFU for which the Top League must abide to.
This is just a simple example of conditioning players for higher tiers. Kotaro Matsushima would have never been the player he is today if not for his time at the Sharks Rugby Academy, not to mention that he was named fullback of the week, stats-wise.
Word has it that Suntory is also exploring partnerships with New Zealand and Australian franchises. The Brumbies were the most interested in the proposal.
I am glad that Amanaki Mafi is with the Rebels and I wish that Michael Leitch stayed on with the New Zealand franchises. Whatever happened to Hendrik Tui, I don’t know.
The JRSA desperately needs to negotiate with the Top League for a foundation. If not, the Sunwolves must be relegated from Super Rugby at the end of the season and be thrown at the competition the Western Force wants to start. Jamie Joseph and co. needs to focus on the developing the youth, universities and national team, allow the Top League to take over from JSRA or come to a cooperation for shared interest. The amount of money they can generate from the Top League stakeholders will easily make them the 'richest' Super Rugby franchise by miles.
Well if they need someone to train them to take quick taps then he's the one![]()
I can't believe the score! I thought the Chiefs would win this one easily.
The rugby stream isn't working for me unfortunately.