Currie Cup

Death of pro rugby in Eastern Province?

2016-07-28 08:50
EP Kings (File)

Cape Town - Professional rugby in the Eastern Province will in all likelihood cease to exist from next week.

According to Netwerk24, the EPRU will no longer contest the liquidation order which was obtained by 36 unpaid former players.

The union on Tuesday officially withdrew a business rescue plan in the Port Elizabeth High Court where a final decision on liquidation of the union will be made on August 4.

“The EPRU has no more cards left to play,” a source told Netwerk24.

“On Tuesday there was still the possibility that the union could come up with another business plan, but the fact that EP is not even prepared to fight the liquidation order anymore, speaks volumes.”

Another interested party said the union has agreed to pay the players’ legal fees.

“It is definitely a victory for the players,” he said. “But it could be bittersweet. The lawyers must still finally convince the court to enforce the liquidation order. So it’s not yet time to relax.”

However, doubts remain whether the union would be able to generate enough money by selling what is believed to be limited assets.

There is therefore the possibility that the players would only receive parts of their outstanding salaries.

Read more on:    ep kings  |  currie cup  |  port elizabeth  |  rugby
NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Vote

Your thoughts on the Currie Cup being cut to a one-round tournament in 2018?

 
 
Men
Women
Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...

Featured

The 2017/18 Absa Premiership season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

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.