Bulls president Wessels calls it quits

    2018-03-19 11:05
    Gert Wessels (Photo credit: Blue Bulls Rugby Union - Facebook)

    Cape Town - Gert Wessels has resigned from his position as president of the Blue Bulls Rugby Union (BBRU).

    Wessels handed in his resignation over the weekend after a section within the union tabled a motion of no confidence in him, citing his "reckless behaviour" outside his mandate which "ruined" the union financially.

    This comes after a report surfaced last week that the union’s professional arm, the Blue Bulls Company (Pty) Ltd (BBC), was struggling to keep head above water.

    Afrikaans website Netwerk24 reported that Wessels - who was the president of the amateur arm, the BBRU - allegedly made several unauthorised loan transfers from the union’s funds to the BBC, but the payments appeared to be in arrears.

    The report further stated that the BBC was close to being declared bankrupt and was surviving on more loans and favours.

    An initial loan worth R8.43 million from the BBRU to the BBC was supposed to be paid off by February 2017 but the professional arm had failed to do so.

    The report also stated that the BBRU’s CEO, Eugene Hare, approved an unauthorised loan of R5 million to the BBC. By doing this, the BBRU also signed a surety for R7.5 million of the BBC’s other outstanding debt.

    Wessels has subsequently resigned but has maintained his innocence and told Netwerk24 that the union - as an equal shareholder - has a responsibility to finance the company pro rata.

    "I decided to step down, but to single me out as the scapegoat is unfair and vindictive. As soon as the shareholders' agreement was signed in 1998 - long before I took office as president - it became the union's responsibility to finance the company," Wessels said.

    "For as long as the union has a 50 percent share in the company, its management has to look after the company's best interests. These decisions were not made by me alone, but collectively in the relevant management divisions.”

    What To Read Next

    Read News24’s Comments Policy

    Live Video Streaming
    Video Highlights
    Sport Talk


    04 August 2018
    28 July 2018
    21 July 2018
    20 July 2018
    14 July 2018
    13 July 2018
    07 July 2018
    06 July 2018
    30 June 2018
    29 June 2018
    03 June 2018
    02 June 2018
    01 June 2018
    26 May 2018
    25 May 2018
    19 May 2018
    18 May 2018
    12 May 2018
    11 May 2018
    05 May 2018
    04 May 2018
    28 April 2018
    27 April 2018
    22 April 2018
    21 April 2018
    20 April 2018
    14 April 2018
    13 April 2018
    07 April 2018
    06 April 2018
    01 April 2018
    31 March 2018
    30 March 2018
    24 March 2018
    23 March 2018
    18 March 2018
    17 March 2018
    16 March 2018
    10 March 2018
    09 March 2018
    03 March 2018
    02 March 2018
    24 February 2018
    23 February 2018
    17 February 2018


    Rank Team P W Pts
    • Lions (Q)
    • Jaguares (wc)
    • Sharks (wc)
    • Stormers
    • Bulls

    Opinion Poll

    Who will win the 2018 Rugby Championships?

    Can you name the top Super Rugby tryscorers of all-time?

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