Sequestration application against Border withdrawn
NEWS: There is some light at the end of the tunnel for the Border Rugby Union.
The South African Rugby Players Association (Sarpa) confirmed that it will approach the High Court of South Africa (East London Circuit Local Division) to withdraw the Application of Sequestration against the Border Rugby Union.
This follows after a meeting was held on Wednesday between the players and senior officials at Border Rugby Union.
At this meeting the players were informed that Border Rugby Union received sufficient funding to honour its commitments towards the players, that all outstanding amounts owed to the players will be paid in full and that a recovery plan would be put in place to stabilise the affairs of Border Rugby Union.
"The players instructed us yesterday, given these new developments at Border Rugby Union, to withdraw their application," said Eugene Henning, Managing Director of the players’ organisation.
"We subsequently approached the court today with the request and the order was discharged."