Red Disa Secures Controlling Stake in WP Rugby as Stormers Gear up for Historic Match

In a landmark decision that has sent waves of excitement across the Western Province, the South African Competition Commission has approved the equity deal which hands Red Disa's consortium a controlling 74% stake in WP Professional Rugby Pty Ltd. Red Disa, an entity embracing prominent local and international investors, now paves the way for a transformative era in Western Province rugby, alongside retaining the storied tradition of the region's beloved DHL Stormers.

The Stormers, a team deeply rooted in the heart of Western Province's rugby circuit, have reasons to celebrate beyond boardroom deals. Coach John Dobson's elation is palpable as he parallels the announcement with the festive spirit, an apt comparison given the significance of the investment for all those connected to the sport locally. "It is a huge moment for rugby in our province," Dobson emphasises, underscoring that this is not just about business growth, but about nurturing the rugby culture that exists in the region.

This week's developments acquire even greater significance juxtaposed against the backdrop of an upcoming sporting event: the DHL Stormers' Investec Champions Cup match against French titans, La Rochelle. The first-time meeting on home turf is not only a sporting challenge but also a historic juncture, marking the dawn of a new era under the guidance of Red Disa.

The composition of the consortium reflects a blend of local passion and global expertise. Fynbos Ekwiteit, Ardagh Glass Packaging, and Marble Head Investments form the triumvirate driving the DHL Stormers forwards. Fynbos Ekwiteit, with its economic rights vested in the Fynbos Trust—founded by Capitec pioneer Michiel le Roux—professes an undying allegiance to local sports and culture, an ethos that underpins their involvement with WP Rugby. Ardagh Glass Packaging brings a global perspective while maintaining strong South African roots, emphasizing Ardagh’s multifaceted initiatives in the country. Marble Head Investments, symbolizing personal commitment, flaunts André van der Veen's previous impactful tenure with WPPR and offers financial savvy to the concoction.

The agreement, endorsed by the Western Province Rugby Football Union (WPRFU) General Council in an overwhelming majority, ensures that 26% of equity remains with WPRFU, preserving the essential local input. This calculated move satisfies the dual objectives of infusing fresh perspective and capital while maintaining local heart.

The consortium's celebration resonates with Johann le Roux of Fynbos Ekwiteit, who reiterates a pledge to unveil a formidable force in rugby while serving as ambassadors of the Western Province. Ardagh Glass Packaging's CEO for Africa, Paul Curnow, shares this vision, noting his company's commitment to community and sports upliftment. The verification by the Competition Commission imbues the partnership with legitimacy, moving them towards the administrative finish line with SA Rugby.

It is poised to be more than just a sporting weekend; it is the commencement of a new chapter for the DHL Stormers and their legion of supporters. With the team preparing to engage in a fearsome battle against La Rochelle—a test of their mettle and a showcase of their sporting spirit—the anticipation is tangible. The promise of glittering success on Saturday's game is not just about winning; it's about honoring the legacy of the DHL Stormers and embracing the promising journey ahead.