Bulls CEO resigns

The Vodacom Blue Bulls CEO Stephan Pretorius has resigned after a fall-out surrounding the sponsorship deal with Oasis.

The deal saw the Bulls sell space on the back of the team’s jersey that belonged to Vodacom and ended in an out-of-court settlement that forced the Bulls to pay back the R2.5-million sponsorship plus costs.

Word from Loftus Versfeld is that Pretorius was reigned in quite a bit by the bosses.

It seems he has decided he cannot work under those circumstances and will finish off at the end of the month.

Pretorius joined the Bulls six years ago and was one of the men responsible for putting in place the structures that saw Heyneke Meyer take the Blue Bulls to a hat-trick of Absa Currie Cup titles.

“It is with regret that we announce the resignation of Stephan Pretorius from Blue Bulls (Pty) Ltd. In his role as CEO over the past six years, Stephan has been instrumental in the creation of South Africa’s most successful rugby brand,” Blue Bulls Rugby Union president Boet Fick said in a statement.

“These six years have been a period of exceptional growth, and Blue Bulls rugby finds itself in a position of strength – both from a financial standpoint as well as in terms of our sporting portfolio, with particular reference to the rugby structures, a consistent record of performance, and our commitment to development.”

“Three Currie Cup titles and two appearances in the Super 14 semi-finals in successive years are only some of the highlights of what has been a very fruitful relationship,” said Fick.

Pretorius intends to remain involved in the development of sport and the management of sports performance in South Africa after his departure from the Bulls at the end of this month. “We wish him well, and are confident of his continuing success,” added Fick.