The South African Rugby Union (SARU) said it expected to be able to announce details of its plans for the Southern Kings early next week.
Jurie Roux, CEO of SARU, said following a meeting of a task team at SARU’s offices: "We have made major progress in preparing an implementation plan for the Super Rugby franchise.
"We have addressed issues around on-field and off-field structures and preparations and are now moving through our governance and communication processes with stakeholders.
"I expect that process to be completed by early next week – after we have informed the SARU Exco – after which time we will be able to reveal all the details to the rugby public of Port Elizabeth and the Eastern Cape.
"We know the franchise has been slow out of the blocks but there was a spring in everyone’s step at the conclusion of today’s meeting. We’re optimistic about the road ahead."