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Rugby: SA Rugby’s proposed equity deal with Ackerley Sports Group faces opposition

# Rugby: SA Rugby’s proposed 1.3-billion-rand private equity deal with US-based Ackerley Sports Group is reportedly facing strong opposition. The deal involves Saru selling a 20-percent stake in its commercial arm to ASG. According to News24, seven out of Saru’s 14 member unions have signed a letter opposing the deal and are pushing for a postponement of Thursday’s vote. They are also calling for an alternative proposal to be presented in three months. For the ASG deal to go through, 75-percent of the unions would need to back the plan.