Newlands Put Up As Security? – South Africa | Rugby365

Newlands Put Up As Security? – South Africa | Rugby365

In a country like South Africa where we constantly question the merits of decisions administration and unions make for the good of the game and the players, it comes as no real surprise why New Zealand leads the way in world rugby and why South Africa will always play catch up rugby with the current mentality of our decision makers.

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While the Western Province Rugby Football Union (WPRFU) is yet to give a clear indication whether there will be any further rugby hosted at Newlands beyond the current season, reports suggest that the famous Test venue has been put up as security for the union’s hefty debt.

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Suggestions that the days of iconic stadiums like Newlands and Kings Park are numbered are purely ‘rumour mongering’. Reports in the media on Thursday suggested a new set of sport safety regulations could be the financial ruin of some of South Africa’s most famous sporting venues.

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However, insiders say Newlands was put up. The union’s clubs voted against putting up the stadium as security, at a meeting on May 30. However, as the july 6 deadline loomed, WPRU officials were left with no alternative. It is worth remembering that interest has been accruing on the original loan amount, since December 2016.

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While the Western Province Rugby Football Union (WPRFU) is yet to give a clear indication whether there will be any further rugby hosted at Newlands beyond the current season, reports suggest that the famous Test venue has been put up as security for the union’s hefty debt.

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