Northern Edition

Select Edition

Northern Northern
Southern Southern
Global Global
New Zealand New Zealand
France France

One of the world's most iconic rugby stadia is officially for sale

(Photo by Carl Fourie/Getty Images/Gallo Images)

One of the world’s most iconic rugby grounds is official for sale. The Western Province Rugby Football Union (WPRFU) announced on Thursday that the Newlands Rugby Stadium is to be placed on the market in a sealed bidding process.

ADVERTISEMENT

First opened in 1888, the 51,000 seater stadium has been a favourite for Capetonian rugby fans for over a century, before being retired from Test use in recent years.

According to an SA Rugby statement: “The administrator appointed by SA Rugby to regularise the affairs of the Union has retained an external consultancy to ensure the process is transparent and judged entirely on commercial merits.

Video Spacer

Luke Cowan-Dickie, Six Nations Review and Sinckler’s Sauna | RugbyPass Offload | Episode 21

We’re joined by England’s Luke Cowan-Dickie this week as the Six Nations squads take a break after two rounds of action. We hear from the Exeter Hooker about his journey with England and the Lions, his relationship with Eddie Jones and of course that volleyball moment in Edinburgh during the Calcutta Cup. Max and Ryan give their thoughts on the weekend battles in Cardiff, Paris and Rome, pick their team of the week and look forward to the rest of the tournament.

Video Spacer

Luke Cowan-Dickie, Six Nations Review and Sinckler’s Sauna | RugbyPass Offload | Episode 21

We’re joined by England’s Luke Cowan-Dickie this week as the Six Nations squads take a break after two rounds of action. We hear from the Exeter Hooker about his journey with England and the Lions, his relationship with Eddie Jones and of course that volleyball moment in Edinburgh during the Calcutta Cup. Max and Ryan give their thoughts on the weekend battles in Cardiff, Paris and Rome, pick their team of the week and look forward to the rest of the tournament.

“Entities wishing to pursue an interest in bidding may request details of the property and the terms and conditions of the bidding process from Galetti (Pty) Limited.”

It’s apparently the best way for the stadium – which featured a number of Rugby World Cup matches in 1995 – to be sold.

“This is the cleanest, fairest and most transparent method by which to hopefully secure the sale of Newlands to assist in the long-term sustainability of the Union,” said an SA Rugby spokesperson.

“We are now in a position where we can proceed to a sale, having taken some time to understand and untangle the various sale conversations that had taken place.”

ADVERTISEMENT

The spokesperson said that the sealed bid process was the most transparent method to ensure the best possible outcome for WPRFU and the prospective purchaser. The process allows parties to submit several bids offering different structures along a set of guidelines issued by the seller.

It also prevents any opportunity for the buying party to influence the seller; information is shared simultaneously with all parties and is coordinated externally to ensure the best outcome.

The deadline for submission of non-binding offers is 15 April 2022 with submission of final binding offers on 31 May 2022. It is hoped that a sale can be concluded by 7 June 2022.

ADVERTISEMENT

LIVE

{{item.title}}

Trending on RugbyPass

Comments

1 Comment
A
Andrew 1008 days ago

Let's buy it for NZ so it has at least one decent stadium.

Join free and tell us what you really think!

Sign up for free
ADVERTISEMENT

Latest Features

Comments on RugbyPass

J
JW 34 minutes ago
Let's be real about these All Blacks

I didn't really get the should tone from it, but maybe because I was just reading it as my own thoughts.


What I read it as was examples of how they played well enough in every game to be able to win it.


Yeah I dunno if Ben wouldn't see it that way (someone else would for sure need to point it out to him though), I'm more in the Ben not appreciating that those close losses werent one off scenarios camp. Sure you can look at dubious decisions causing them to have to play with 14 or 13 men at the death as viable reasons but even in the games they won without such difficulties they made a real struggle of it (compared to how good some of their first half play was). This kind of article where you trying to point out the 3 losses really would most likely have been wins only really makes sense/works when your other performances make those 3 games (or endings) stand out.


There might have been a sentence here and there to ensure some good comment numbers but when he's signing off the article by saying things like ..

Whilst these All Blacks aren’t blowing teams off the park like during the 2010s, they are nuggety and resourceful and don’t wilt. They are prepared to win the hard way, accumulating points by any means necessary.

and..

The other top sides in the world struggled to put them away. France and South Africa both could have well been defeated on home soil.

I don't really see it. Always making sure people are upto date with the SH standing/perspective! NZ went through some tough times with so many different perspectives and reasons why, but then it was.. amusing how.. behind everyone was once they turned a corner. More of these 'unfortunate' results returned against SA and France at the start of the RWC which made it extra tasty to catch other teams out when they did bring it. So that created some 'conscious' perspective that I just kept going and sharing re thoughts on similar predicaments of other teams, I had been really confident that Wallabies displays vs NZ were real, that the Argentines can backup their thing against Aus and SA (and so obviously the rest), and current one is that England are actually consistent and improving with their attack (which everyone should get onboard with), and I'm expecting a more dominant display against Japan (even though they should have more of their experienced internationals for this one) that highlights further growth from July. 👍

57 Go to comments
LONG READ
LONG READ Despite defeat in Paris, the real reason the All Blacks are feeling upbeat Despite defeat in Paris, the real reason the All Blacks are feeling upbeat
Search