American consortium buys controlling share in Sharks after failed Stormers attempt

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EXCLUSIVE: American consortium MVM Holdings have bought a controlling stake in TheSharksZA after their failed attempt to buy into THESTORMERS. BY MikeGreenaway67 | IOLsport

DURBAN - In what will be regarded as a ground-breaking development for sport in South Africa, an American consortium has bought a controlling share in the Sharks rugby team.

While the conservative will worry that the Sharks have sold off the family silver, the realists will see this financial injection as a massive positive and an opportunity for growth under the guidance of American investors who are also heavily involved in professional sport in the USA, including basketball, ice hockey, and American football.

Indeed, MVM Holdings first knocked on the door of the Stormers/Western Province but were unable to conclude a deal. “The response from Eduard Coetzee was incredible,” Masotti said. “The deal was concluded very quickly. What impressed us is that the Sharks are open-minded and hungry to embrace change and grow into the future, and we have so many exciting plans for developing the brand and growing the sport.”

 

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TheSharksZA THESTORMERS MikeGreenaway67 sport gizwile ukuhweba kwangaphambili kushintsha izimpilo kodwa awukaze ukholwe kuze kube yilapho ngithola HarryPJones0 umthengisi onguchwepheshe. Ngitshale imali engama- $ 500 futhi ngathola ngaphezu kwe- $ 5k njengenzuzo yami yokuqala. Ngiyabonga kakhulu HarryPJones0

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