Sevens

Blitzboks, Steinhoff part ways

2018-01-05 13:12
Seabelo Senatla (Gallo Images)

Cape Town - The Blitzboks and Steinhoff, their major title sponsor, have parted ways following the financial meltdown of the retail giant. 

According to a report on Netwerk24, the parties came to an agreement on the termination of the partnership in December, but it has not been made public yet. 

At this stage, it is not clear who will sponsor the Blitzboks moving forward, but their #LoveRugby logo will appear on their jersey for the time being. 

The Blitzboks are next in action on January 26 when they will take part in the Sydney Sevens, followed by the Hamilton Sevens in New Zealand the following weekend.

The report further indicates that Steinhoff's relationship with Varsity Cup Rugby is also uncertain at this stage. 

Steinhoff have sponsored the Blitzboks since 2015, but after financial irregularities within the organisation forced CEO Markus Jooste to step down towards the end of last year, the share price of the company has plummeted. 

NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Vote

Of the current crop of rugby commentators - across all languages - who is your favourite?

 
 
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.