Staff Reporter.
The South African Rugby Union (SARU) on Tuesday became the United Rugby Championship’s (URC) sixth shareholder.
SA Rugby joins the Irish, Italian, Scottish and Welsh rugby unions, along with CVC Capital Partners, as shareholders in Pro Rugby Championship DAC, the company that operates the league.
SA Rugby’s relationship with the competition dates back to 2018 when the Cheetahs and Kings joined the Pro14. In 2021, the launch of the URC introduced the Lions, Stormers, Sharks and Vodacom Bulls.
Since then, the URC has achieved significant growth across broadcast audiences, digital engagement, and match attendances, with SA Rugby and its teams playing a pivotal role in that success.
“There is no doubt about the hugely positive impact South African rugby has had on our league, and confirmation of their addition as a shareholder was always part of the roadmap, “said URC CEO Martin Anayi.
“In 2018 and again in 2021, South African rugby showed vision and courage in reshaping where their teams competed, and this milestone is a testament to that foresight.
SA Rugby CEO Rian Oberholzer said: “This is red letter day for South African rugby and marks the completion of a journey that began eight years ago when we first contemplated a northern hemisphere future.
“There have been doubters over the years but the vision we shared with Martin Anayi and the URC team has now come to pass and we look forward to growing the competition as full partners with our colleagues in the north.
“The competition has gone from strength-to-strength and with four different winners in the first four seasons of our participation it has proved itself as arguably the most competitive league in rugby. It has been good for our rugby and we look forward to many more years of success.”
Compiled by Lehlohonolo Lehana.