Mamelodi Sundowns boss Motsepe buys shares in rugby outfit Blue Bulls

goal.com, 22 November 2019, 08:25
The Brazilians boss will have to divide his attention between football and rugby after acquiring shares at one of the biggest sports teams in SA

Mamelodi Sundowns president and owner Patrice Motsepe has spread his wings in the sports fraternity in South Africa.

Motsepe, who became the majority shareholder at the Brazilians in 2004, bought a 37 percent stake at rugby giants Blue Bulls.

According to Blue Bulls, the deal was struck on Thursday with Motsepe becoming one of the co-owners of the rugby franchise.

Below is part of a statement as released by Blue Bulls on Friday:

The Blue Bulls Company is excited to welcome our new shareholder Patrice Motsepe to the Bulls Family.

The much-talked-about and anticipated deal was unanimously concluded on Thursday evening at a meeting held at Loftus Versfeld.

The new structure will mean that existing shareholders Remgro and the Blue Bulls Rugby Union (BBRU) reduce their previously equal percentage of shareholding from 50% each to 37% and 26% respectively, allowing Motsepe to buy in owning the remaining 37%.

Blue Bulls CEO Alfons Meyer said the relationship the club now has with Sundowns will enhance their vision of making Tshwane a 'sporting capital'.

"This is a brilliant deal, not only for us at the BBCo, but also for our communities and the sports industry in general. I look forward to a host of synergies and opportunities that will be forged between us. With Mr. Motsepe also owning soccer giants Mamelodi Sundowns, there is no doubt that a relationship like this will further enhance and entrench our vision to make Tshwane the sporting capital," said Meyer in the statement.

The Brazilians and Blue Bulls have enjoyed a healthy working relationship over the years as they both play the majority of their home games at Loftus Versveld Stadium.

In January 2018, Blue Bulls launched a Sundowns-inspired away kit as a tribute to their fellow Tshwane sports team for their success in the Caf Champions League.

Sundowns lifted the coveted continental trophy in 2016 before claiming the Caf Super Cup in 2017 under the watchful of Pitso Mosimane.

This was a dream come true for Motsepe whose ultimate dream was to conquer Africa when he bought Sundowns.

Top News
De Tomas' struggles continue at Benfica Tuchel praises Neymar's attitude: Something has changed Bordeaux vs Strasbourg Match Preview Liverpool are too far away to think about says Manchester City's Fernandinho Tottenham can win a trophy now with Mourinho - Moura 'That's absolute b******s' - Klopp blasts reports of Champions League expansion Guardiola must buy into Mahrez stock for Champions League tilt Thomas Partey’s Atletico Madrid ease past Osasuna with 2-0 win Black Queens captain Addo raises women's football awareness in Ghana Bayern players want Coutinho to join permanently from Barcelona Arsenal sacked Emery for poor results not lack of English - Guardiola 'He has struggled to settle in' - Sarri says 'introverted' Rabiot hasn't found place at Juventus Atlético Madrid v Osasuna Match Report, 14/12/2019, Primera División I hope the Christmas break doesn't hamper Kaizer Chiefs - Radebe Samatta and Onuachu help Genk decimate Waasland-Beveren 'It was handball but I won't give it' - Reus hits out at referee for 'circus' handball decision in Dortmund win Juventus vs Udinese Predictions & Betting Tips, Match Previews Motherwell vs Rangers Match Preview Cagliari vs Lazio Match Preview Trabzonspor vs Denizlispor Match Preview Basaksehir vs Konyaspor Match Preview Darmstadt vs Stuttgart Match Preview Crystal Palace vs Brighton Match Preview FC Copenhagen vs Odense Match Preview Santa Clara vs Sporting CP Match Preview FC Porto vs Tondela Match Preview Guingamp vs Troyes Match Preview Lyon vs Rennes Match Preview Bordeaux vs Strasbourg Match Preview Saint-Etienne vs PSG Match Preview
Top Games
Motherwell
-
Rangers
7.16 | 5.27 | 1.41
Today at 07:00
Desna Chernihiv
-
Dynamo Kyiv
Today at 07:00
Feyenoord
-
PSV
2.57 | 3.98 | 2.50
Today at 08:30
Manchester Utd
-
Everton
1.72 | 3.94 | 5.07
Today at 09:00
Wolverhampton
-
Tottenham
Today at 09:00
Bordeaux
-
Strasbourg
2.31 | 3.22 | 3.50
Today at 09:00
AC Milan
-
Sassuolo
1.54 | 4.66 | 5.88
Today at 09:00
Juventus
-
Udinese
1.24 | 6.27 | 13.99
Today at 09:00
VFL Wolfsburg
-
Borussia Monchengladbach
2.64 | 3.53 | 2.72
Today at 09:30
Celtic
-
Hibernian
1.16 | 7.87 | 15.33
Today at 10:00
Espanyol
-
Betis
2.63 | 3.42 | 2.79
Today at 10:00
AZ Alkmaar
-
Ajax
3.25 | 3.94 | 2.09
Today at 10:45
Lyon
-
Rennes
1.67 | 4.00 | 5.41
Today at 11:00
Arsenal
-
Manchester City
6.33 | 5.49 | 1.44
Today at 11:30
FC Schalke 04
-
Eintracht Frankfurt
2.00 | 3.89 | 3.67
Today at 12:00
Roma
-
Spal
1.29 | 5.53 | 11.95
Today at 12:00
Sevilla
-
Villarreal
1.65 | 4.28 | 5.12
Today at 12:30
Fiorentina
-
Inter
3.77 | 3.55 | 2.06
Today at 14:45
ST Etienne
-
Paris Saint Germain
8.02 | 5.75 | 1.35
Today at 15:00
Valencia
-
Real Madrid
4.01 | 4.17 | 1.84
Today at 15:00
Cagliari
-
Lazio
4.15 | 4.18 | 1.81
Tomorrow at 14:45
Werder Bremen
-
FSV Mainz 05
1.80 | 4.07 | 4.34
Tue 17 Dec, 12:30
Reims
-
Montpellier
2.36 | 3.03 | 3.51
Tue 17 Dec, 12:45
Borussia Dortmund
-
RB Leipzig
2.23 | 3.73 | 3.20
Tue 17 Dec, 14:30
Aston Villa
-
Liverpool
1.31 | 6.29 | 6.82
Tue 17 Dec, 14:45
Monaco
-
Lille
2.16 | 3.35 | 3.59
Tue 17 Dec, 15:05
Bergantinos
-
Sevilla
Wed 18 Dec, 12:00
Bayer Leverkusen
-
Hertha Berlin
1.57 | 4.26 | 6.11
Wed 18 Dec, 12:30
Telstar
-
Ajax
Wed 18 Dec, 12:30
Monterrey
-
Liverpool
Wed 18 Dec, 12:30
HT: FT: ET: PN: