Fans of the Golden Lions can breathe (yet another) sigh of relief as the GLRU today showed former partners Guma the middle finger by announcing a multi-million sponsorship deal. [...]
Posts tagged with: Kevin de Klerk
New investment to Redefine Lions?
Lions-Guma spat enters new phase
Reports yesterday confirmed that the Lions erstwhile partners, Robert Gumede’s Guma TAC group, have initiated legal proceedings against the Golden Lions Rugby Union. The issue in question seems to be an oustanding loan to the value of around R14m. [...]
Lions deny fresh liquidation allegations
The ongoing debate regarding the health (or otherwise) of the Golden Lions’ finances continue to rage, with Union President Kevin de Klerk again speaking out to deny that the Currie Cup winners are on the verge if insolvency. [...]
Lions to stay in Doornfontein
The Golden Lions Rugby Union yesterday finally ended months of speculation surrounding a possible stadium move. A potential move away from their Coca-Cola Park base in Doornfontein, Johannesburg, to the Soccer City complex in Soweto has now been finally ruled out. [...]
Lions plunged back into crisis
Allegations made in an Afrikaans daily newspaper late yesterday suggest that the Golden Lion Rugby Union is teetering on the edge of bankruptcy and is unable to cover its debts or meet its salary commitments. [...]
Lions need a shrink, not a suit
Lions boss Kevin de Klerk has decided his under-performing team is in more desperate need of psychological assistance that his motivational talks and called off his planned trip to New Zealand. [...]
