Reports reveal that former Springbok skipper Gary Teichmann is in pole position to take over the reins at the Sharks.
According to the Sunday Tribune newspaper, the former Sharks captain could replace current CEO John Smit, who will leave his post in October.
Under Smit, the Sharks have apparently found themselves in dire straights financially. Despite their AGM taking place in May, the franchise is yet to release their financials.
This, coupled with their respective clubs receiving no grants and the call for an urgent meeting by the top brass to sell off more shares to Supersport – who is already a 40 percent partner – do not paint a pretty picture for the Durban-based team.
It was revealed that Supersport have approached Teichmann, who has become a successful businessman since retiring from rugby, to help rescue the franchise from financial ruin.
Mark Andrews, who played alongside Teichmann in the Springboks and at the Sharks, believes his former team-mate is the right man for the job.
“Teich would be very capable,” Andrews told the newspaper.
“He started his own business and has 15 years’ experience in dealing with the politics of operating in Africa. He is a quintessential rugby man with a huge love of the Sharks.
“As Gary gets older, he has become more direct in his dealings in business. He is not a man for smoke and mirrors. He would be fantastic for the Sharks. I hope they get him on board. He has the respect of all rugby people.”