Cape Town - Jacques Faul, current CEO of the Titans cricket franchise, has ruled out the opportunity to become the new boss of the Sharks.
Faul confirmed to Netwerk24 that that he would not make himself available to become John Smit’s successor as CEO of the Durban-based rugby franchise.
It is believed that SuperSport, which boasts a majority share in the Sharks franchise, approached Faul to make himself available for the job.
“I had a counter-offer from the Titans and after weighing up my options, I decided to not make myself available for the Sharks job,” said Faul.
Smit, a former Springbok captain, recently announced that he would leave his job at the end of October.
After announcing his decision in May, Smit said: "It was an honour for me to represent the Sharks on the field, and it has been an honour for me to work for the Sharks off the field. I have enjoyed the last three years and greatly appreciate the continuing support of our chairman Stephen Saad, KZNRU president Graham Mackenzie, SuperSport and the rest of the Board.
"This decision to resign was not an easy one and it is based primarily on me wanting to focus more of my time on my young family.
"I look forward both to the next challenge in my career and to remaining a frequent visitor to Kings Park, my home from home since I was 18 years old."