Currie Cup

EP Kings get last minute R20m bailout

2016-08-04 15:39
EP Kings (File)

Cape Town - SA Rugby on Thursday confirmed that the Eastern Province Kings will play in the Premier Division of the Currie Cup.

The confirmation follows the announcement of a R20m support package by the Nelson Mandela Bay Municipality.

An amount of R6m has already been budgeted for support towards the Union. The NMB Council is expected to ratify the increased allocation shortly.

The Municipality City Manager, Johann Mettler, has been tasked to ensure that a suitable vehicle is established to drive the support package in consultation with EP (through its SA Rugby administrator, Monde Tabata) and the EP Rugby (Pty) Ltd Liquidator.

Negotiations are also underway to procure suitable players, coaching staff and a CEO to manage the affairs of the entity. 

EP’s scheduled fixture against Griquas in Kimberley on Saturday has been postponed in consultation with the hosting union. EP will play their first game in round two on 13 August.

“We’ve worked very hard in the last few weeks to find a solution to the challenges in Eastern Province,” said SA Rugby CEO Jurie Roux.

“We are very grateful that the Metro has pledged their support and we’re confident that they will be able to assist with procuring additional sponsors for the Kings.

“I’d like to thank Danny Jordaan and his team for their willingness to assist. I’d also like to pay special tribute to Griquas and their president, Jannie Louw, for their understanding these past few days. They were put in a very difficult position through no fault of their own but deserve great credit for their assistance.”

In a statement the Municipality said that their decision was based on the imperative of ensuring a viable anchor tenant for the NMB Stadium along with soccer team Chippa United.

They added: “It is critically important for rugby in the Eastern Cape that the Union remains competitive and competes in the Premier Division of the Currie Cup.  It is equally important for economic development in the Metro area that top-flight games are played at the stadium thereby increasing economic activity not only for the North End area but for the entire Metro. 

“This enhanced support package is intended to endure for 12 months only after which the Union must be in a position to sustain itself.”

The date of the postponed Griquas v Eastern Province Kings match will be announced in due course

NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Fixtures
30 September 2016
Golden Lions v Sharks, Johannesburg 17:00
Eastern Province Kings v Pumas, Port Elizabeth 18:00
Western Province v Boland Cavaliers, Cape Town 19:10
01 October 2016
Free State Cheetahs v Griquas, Bloemfontein 14:00
15 October 2016
TBC v TBC, TBC 15:00
TBC v TBC, TBC 18:00
22 October 2016
TBC v TBC, TBC 16:00
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

The new-look Currie Cup format for 2016 is,

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

Big month in the world of golf as the FedEx Cup concludes on the PGA Tour, the Race to Dubai gathers steam on the European Tour and the Sunshine Tour offers local golfers the chance to bank some cash. Oh, and not forgetting the USA v Europe Ryder Cup showdown at Hazeltine!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.