SASCOC's response to Highbury Safika Media's Statements | SASCOC - SASCOC

SASCOC’s response to Highbury Safika Media’s Statements

The South African Sports Confederations and Olympic Committee (SASCOC) wishes to put on record that we will be vigorously opposing the liquidation application filed by Highbury Safika Media (HSM) and are of the view that this is an abuse of the legal and court processes. We view this application, and the recent statements in the media as mischievous and a deliberate attempt at creating a misleading perception that SASCOC is insolvent.

SASCOC would like to put on record the following:

  1. We intend to oppose the application for liquidation of the organisation. We have been in communication with HSM since October last year and have made them aware of the review of all current supplier contracts, in line with the introspection currently underway in the organisation.
  2. On or about the 8th December 2018 we wrote to their legal representatives to state the above and to seek a round-table meeting with them to find an amicable way forward, which they refused.
  3. Whilst we don’t wish to ventilate this matter in the media SASCOC is particularly concerned about the clauses in the contracts which allowed HSM the right to exercise an option to renew the contracts unilaterally, on seemingly such terms as HSM decided were equitable. This is an unusually advantageous clause and one which is not customarily seen in service level agreements.

SASCOC reiterates that we are solvent and able to pay out debts when they become due. Notwithstanding, it would be irresponsible of the organisation to continue paying for services that it does not receive and partner with suppliers who do not align with the values of the organisation.

Lastly, we have no intention of litigating this matter in the media so this will be our first and last statement on the matter and we will not be commenting further to the media on this issue.

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