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SuperSport Divests from KZN Cricket

SuperSport has announced its decision to divest from KZN Cricket (Pty) Ltd.

That’s after more than 20 years as an equity partner in the company managing the Hollywoodbets Dolphins cricket team.

According to SuperSport, the decision was made in accordance with a change in strategic focus regarding its investments.

The KwaZulu-Natal Cricket Union will assume the 50% shareholding that SuperSport had in the company.

Whilst divesting as an equity partner, SuperSport says it will continue its relationship with KZN Cricket as its communications and media partner.

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“It’s been a tremendous ride and I must thank the Dolphins for being such vibrant and ambitious partners,” said Marc Jury, Chief Executive of SuperSport. “We leave on good terms and with the union in excellent health. Needless to say, relationships remain strong and our involvement at a different level with KZN Cricket will continue.”

“Whilst it is sad to lose the expertise and experience that SuperSport has brought to KZN Cricket, we are excited about the new relationship that we are forging with them,” said President of KZN Cricket, Yunus Bobat. “They have always gone beyond expectations to improve cricket in our province and I am sure that will be carried over into our new partnership.”

SuperSport’s decision to divest from KZN Cricket follows a similar announcement made by the broadcaster in December, regarding its shareholding in Western Province Professional Cricket (Pty) Ltd. 

Sport Industry Group
Sport Industry Group

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