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Super Rugby News

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  • TimT Tim

    Financial crisis rocks Bulls

    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.

    nzzpN Online
    nzzpN Online
    nzzp
    wrote on last edited by nzzp
    #3173

    @tim after reading @Rocky-Rockbottom , I'm never sure if what I'm reading is satire or not.

    Sadly, this is farce not satire.

    1 Reply Last reply
    0
    • TimT Tim

      Financial crisis rocks Bulls

      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.

      boobooB Offline
      boobooB Offline
      booboo
      wrote on last edited by
      #3174

      @tim are Blue Bulls the Old Northern Transvaal union as opposed to the Super Rugby entity? ie like Auckland v. the Blues? Canterbury v. Crusaders?

      1 Reply Last reply
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      • A Away
        A Away
        akan004
        wrote on last edited by akan004
        #3175

        The Chiefs have had by far and away the highest injury toll over the last few years. Surely questions must be asked about how their players are conditioned. It seems that NZ squads are also suffering a hell of a lot more serious injuries than the Aussie and South African teams. I wonder why this is. The argument that our Conference is faster and more brutal dioesn't explain the high toll as it's only been three weeks into the season.

        1 Reply Last reply
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        • TimT Away
          TimT Away
          Tim
          wrote on last edited by
          #3176

          Lions title hopes dented as skipper Whiteley ruled out for four weeks

          1 Reply Last reply
          0
          • TimT Away
            TimT Away
            Tim
            wrote on last edited by Tim
            #3177

            They had their full contingent on deck on Tuesday, although Dermody confirmed flanker Dan Pryor (hamstring) was unlikely to be fit to play the Crusaders, alongside James Lentjes (shoulder), utility Richard Buckman (neck) and midfielder Thomas Umaga-Jensen (shoulder).

            Flanker Elliot Dixon, who took a head knock at training last week, is still going through the concussion protocol but is on track to return.

            https://www.stuff.co.nz/sport/rugby/super-rugby/102213776/highlanders-scrum-coach-clarke-dermody-bracing-for-ultimate-test-in-south-island-derby

            1 Reply Last reply
            0
            • TimT Away
              TimT Away
              Tim
              wrote on last edited by
              #3178

              One of the guys from the Out of the Box podcast reckons that Gibson will be fired if the Waratahs lose this week.

              antipodeanA 1 Reply Last reply
              0
              • TimT Tim

                One of the guys from the Out of the Box podcast reckons that Gibson will be fired if the Waratahs lose this week.

                antipodeanA Online
                antipodeanA Online
                antipodean
                wrote on last edited by
                #3179

                @tim Good.

                1 Reply Last reply
                1
                • StargazerS Offline
                  StargazerS Offline
                  Stargazer
                  wrote on last edited by
                  #3180

                  Not SR anymore, but this seems the best place to post the news that Johan Bardoul and George Pisi have signed with the Western Force.

                  https://www.rugbywa.asn.au/news/western-force-adds-names-to-its-2018-squad/

                  1 Reply Last reply
                  0
                  • TimT Away
                    TimT Away
                    Tim
                    wrote on last edited by
                    #3181

                    http://www.nzherald.co.nz/rugby/news/article.cfm?c_id=80&objectid=12014301

                    1 Reply Last reply
                    5
                    • StargazerS Offline
                      StargazerS Offline
                      Stargazer
                      wrote on last edited by
                      #3182

                      Bulls replacement prop Conraad van Vuuren has been cited for his late tackle on Damian McKenzie in last night's game. As expected and as he should be.

                      https://www.rugbypass.com/news/bulls-prop-cited-late-hit-mckenzie

                      CrucialC StargazerS 2 Replies Last reply
                      6
                      • StargazerS Stargazer

                        Bulls replacement prop Conraad van Vuuren has been cited for his late tackle on Damian McKenzie in last night's game. As expected and as he should be.

                        https://www.rugbypass.com/news/bulls-prop-cited-late-hit-mckenzie

                        CrucialC Offline
                        CrucialC Offline
                        Crucial
                        wrote on last edited by
                        #3183

                        @stargazer said in Super Rugby News:

                        Bulls replacement prop Conraad van Vuuren has been cited for his late tackle on Damian McKenzie in last night's game. As expected and as he should be.

                        https://www.rugbypass.com/news/bulls-prop-cited-late-hit-mckenzie

                        TMO should be cited as well.

                        1 Reply Last reply
                        3
                        • CrucialC Offline
                          CrucialC Offline
                          Crucial
                          wrote on last edited by
                          #3184

                          Brumbies finding their mojo now they in the safe confines of Canberra. Easily working their way past the Shorks.

                          1 Reply Last reply
                          0
                          • taniwharugbyT Offline
                            taniwharugbyT Offline
                            taniwharugby
                            wrote on last edited by
                            #3185

                            Lions squeak past the Sunwolves 40-38

                            1 Reply Last reply
                            0
                            • taniwharugbyT Offline
                              taniwharugbyT Offline
                              taniwharugby
                              wrote on last edited by
                              #3186

                              Reds put Jaguares back in thier box 7-18

                              1 Reply Last reply
                              0
                              • taniwharugbyT Offline
                                taniwharugbyT Offline
                                taniwharugby
                                wrote on last edited by taniwharugby
                                #3187

                                Tahs down 10-20 at half time and then score 31 unanswered points 41-20 over rebels with 18 mins to go

                                edit: FT 51-27.

                                antipodeanA 1 Reply Last reply
                                0
                                • taniwharugbyT taniwharugby

                                  Tahs down 10-20 at half time and then score 31 unanswered points 41-20 over rebels with 18 mins to go

                                  edit: FT 51-27.

                                  antipodeanA Online
                                  antipodeanA Online
                                  antipodean
                                  wrote on last edited by
                                  #3188

                                  @taniwharugby said in Super Rugby News:

                                  Tahs down 10-20 at half time and then score 31 unanswered points 41-20 over rebels with 18 mins to go

                                  edit: FT 51-27.

                                  All part of our gameplan: tire them out by letting them score points and then run over the top of them. Kinda like the Blues, but competent.

                                  1 Reply Last reply
                                  2
                                  • taniwharugbyT Offline
                                    taniwharugbyT Offline
                                    taniwharugby
                                    wrote on last edited by
                                    #3189

                                    @antipodean competent, Tahs, righto 😉

                                    https://www.stuff.co.nz/sport/rugby/super-rugby/102380286/all-hail-brad-thorn-saviour-of-the-reds-kingdom-in-super-rugbys-game-of-thorns

                                    1 Reply Last reply
                                    1
                                    • A Away
                                      A Away
                                      akan004
                                      wrote on last edited by akan004
                                      #3190

                                      Folau was on another level against the Rebels yesterday. That guy is seriously good.

                                      1 Reply Last reply
                                      2
                                      • StargazerS Stargazer

                                        Bulls replacement prop Conraad van Vuuren has been cited for his late tackle on Damian McKenzie in last night's game. As expected and as he should be.

                                        https://www.rugbypass.com/news/bulls-prop-cited-late-hit-mckenzie

                                        StargazerS Offline
                                        StargazerS Offline
                                        Stargazer
                                        wrote on last edited by
                                        #3191

                                        @stargazer said in Super Rugby News:

                                        Bulls replacement prop Conraad van Vuuren has been cited for his late tackle on Damian McKenzie in last night's game. As expected and as he should be.

                                        https://www.rugbypass.com/news/bulls-prop-cited-late-hit-mckenzie

                                        Bulls prop Conraad van Vuuren has been suspended for 3 weeks. Will post the decision as soon as it's online.

                                        nzzpN 1 Reply Last reply
                                        5
                                        • StargazerS Stargazer

                                          @stargazer said in Super Rugby News:

                                          Bulls replacement prop Conraad van Vuuren has been cited for his late tackle on Damian McKenzie in last night's game. As expected and as he should be.

                                          https://www.rugbypass.com/news/bulls-prop-cited-late-hit-mckenzie

                                          Bulls prop Conraad van Vuuren has been suspended for 3 weeks. Will post the decision as soon as it's online.

                                          nzzpN Online
                                          nzzpN Online
                                          nzzp
                                          wrote on last edited by
                                          #3192

                                          @stargazer said in Super Rugby News:

                                          Bulls prop Conraad van Vuuren has been suspended for 3 weeks. Will post the decision as soon as it's online.

                                          Good. Watched the second half at the weekend, and it was good fun. But holy moly, that hit was late, high and filthy. DMac caught a glancing blow as he fell under it... I don't know where the TMO came up with a Yellow. Modern game that's red all day.

                                          CrucialC 1 Reply Last reply
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