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Site Navigation: Gauteng News | Rugby

RugbySports

R17 Million For Siya Kolisi to Return to the Country

Last updated: August 23, 2024 12:05 pm
Rethabile Nyelele
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R17 Million For Siya Kolisi to Return to the Country
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Racing 92, the French rugby club where Siya Kolisi currently plays has set a hefty price tag for his potential return to the Durban Sharks. The Top 14 club is reportedly demanding a transfer fee of R17 million for the Springbok captain. This substantial figure underscores Kolisi’s immense value and the high stakes involved in any potential transfer deal.

High Stakes Negotiations for Siya Kolisi

A report on rugbypass.com has shed further light on the negotiations, alleging that Racing is insisting on a R17 million transfer fee, to recoup what the French club paid for Kolisi. This fee is said to be a major sticking point for the Sharks, who are believed to be willing to pay the full amount, but not all up-front. Racing owner Jacky Lorenzetti, however, seems unwilling to budge on having the entire payment before Kolisi is released.

Why Siya Kolisi is Returning?

According to reports, the rumours surrounding Kolisi’s potential transfer first began to circle after Lorenzetti expressed his dissatisfaction with the player’s performance earlier this year. Lorenzetti’s comments in June, following Racing’s loss to Bordeaux-Begles in their Top-14 play-off match, suggested that Kolisi had “gained weight, lost shape, and was invisible” during the game.

Financial Hurdles for Sharks

The Sharks, eager to bring Kolisi back to his former team, face a significant financial challenge. The transfer fee, combined with Kolisi’s existing salary at Racing 92, presents a formidable obstacle. The Sharks will need to secure significant financial backing to make this move a reality. They are actively exploring various options to secure the necessary funds for Kolisi’s return. They are reportedly engaging with potential sponsors and investors to make this ambitious move possible. The team’s management is determined to bring Kolisi back to Durban.

The financial complexities of the transfer, coupled with the firm stance of Racing 92’s owner, present a formidable challenge and chance for the transfer to fail.

Related article: Siya Kolisi: Springbok Legend Faces Uncertain Captaincy Future

TAGGED:International RugbyRugbySA Rugby NewsSharks Rugby
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