Griquas hit back at financial woe claims

2017-02-03 12:57
Griquas (Gallo Images)

Cape Town - The Griquas Rugby Union is upset after a report surfaced of financial difficulties at the Kimberley-based union.

According to OFM, a recent media report suggested that a financial disaster was looming at the union.

This has upset Griquas president Jannie Louw, who spoke to the Bloemfontein radio station regarding the allegations.

Louw admitted that there is financial pressure on the union, but that is the case with all smaller unions in the country.

“Because an industry is under pressure doesn’t mean that it’s not sustainable, so the sustainability is definitely still there,” Louw said.

“With regard to Griquas as a union, our financial position is the strongest it’s been in many years. Our balance is stronger than it’s been in the past ten years and our cash flow problem has been sorted out.”

Louw insists all players’ salaries will be paid, adding that they are on the verge of singing a new main sponsor.

Since rugby turned professional in 1996, Griquas have been the country’s best performers of the so-called smaller unions.

They have been regulars in the Currie Cup Premier Division and finished sixth in last year’s nine-team event.

The union boasts three Currie Cup triumphs - in 1899, 1911 and 1970.

They also won the now defunct Vodacom Cup five times - in 1998, 2005, 2007, 2009 and 2014.

Read more on:    griquas  |  currie cup  |  rugby

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