SARU fails to pay ad invoices

    2013-02-27 12:32
    Cape Town - Kagiso Vantage, the sports sponsorship and advertising contracts arm of Kagiso Media, on Wednesday notified all sponsors of the South African Rugby Union (SARU) that it will not sell any advertising space to SARU during the 2013 Super Rugby competition, at Kings Park in Durban, and Newlands in Cape Town.

    Kagiso Vantage holds all advertising rights to rugby matches at Newlands. In addition, the company is the exclusive agent of the Sharks (Pty) Ltd for the purpose of selling advertising space on the digital perimeter board in Kings Park.

    The action by the Kagiso Group subsidiary follows the issuing of a summons against SARU for payment of invoices relating to the sale of advertising space at Kings Park and Newlands during rugby matches played in 2012.

    SARU sponsors have been informed of Kagiso Vantage’s decision not to sell advertising space to SARU in a letter from Hayes Incorporated, the media group’s attorneys.

    Costa Constantinou, CEO of Kasigo Vantage, noted: “Kagiso Vantage sells advertising space to SARU at Newlands and Kings Park that is then utilised by SARU sponsors to display branding, trade names and product advertising.

    “Invoices submitted to SARU for payment for this space relating to games played in 2012 have still not been paid. Until these outstanding invoices are settled and additional outstanding matters resolved, Kagiso Vantage will not sell any more advertising space at these venues to SARU.

    “We have obtained legal advice from SC Jeremy Gauntlett on the matter and are determined to maintain the ban on advertising space sales to this organisation until the matter is settled to our satisfaction.”

    SARU sponsors have accordingly been informed that until the dispute is resolved their branding, trade names and product information will not be advertised within Newlands during Super Rugby matches. In addition, their advertising will not be displayed on the digital perimeter board in Kings Park during SARU matches.

    Constantinou added: “It is regrettable that this action has to be taken and that SARU sponsors are affected in this way. However, we have shown great patience in our dealings with SARU, but to no avail. Our 2012 invoices remain unpaid.

    “Hopefully, common sense will prevail and SARU will now take action to ensure payment is finally made.”

    Read News24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

    Comment on this story
    Add your comment
    Comment 0 characters remaining
    Live Video Streaming
    • Blitz
      Mon, 24 Nov 2014 @00:00
    • SS1
      Mon, 24 Nov 2014 @01:00
    • SS2
      Mon, 24 Nov 2014 @02:00
    • SS3
      Mon, 24 Nov 2014 @03:00
    Sport Talk
    Most Read


    13 February 2015
    • Crusaders v Melbourne Rebels, Christchurch 08:35
    • Brumbies v Reds, Canberra 10:40
    • Lions v Hurricanes, Johannesburg 19:10
    14 February 2015
    • Blues v Chiefs, Albany 08:35
    • Sharks v Cheetahs, Durban 17:05
    • Bulls v Stormers, Pretoria 19:10
    15 February 2015
    • Waratahs v Western Force, Sydney 07:05


    02 August 2014
    26 July 2014
    19 July 2014
    12 July 2014
    11 July 2014
    06 July 2014
    05 July 2014
    04 July 2014
    28 June 2014
    27 June 2014
    31 May 2014
    30 May 2014
    24 May 2014
    23 May 2014
    18 May 2014
    17 May 2014
    16 May 2014
    11 May 2014
    10 May 2014
    09 May 2014
    03 May 2014
    02 May 2014
    26 April 2014
    25 April 2014
    19 April 2014
    18 April 2014
    12 April 2014
    11 April 2014
    05 April 2014
    04 April 2014
    29 March 2014
    28 March 2014
    22 March 2014
    21 March 2014
    15 March 2014
    14 March 2014
    08 March 2014
    07 March 2014
    01 March 2014
    28 February 2014
    23 February 2014
    22 February 2014
    21 February 2014
    15 February 2014


    Rank Team P W Pts

    Opinion Poll

    Does the Waratahs' Super Rugby victory give the Wallabies an edge heading into the Rugby Championship?

    Monday Quiz Madness!

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