The possibility of Newlands rugby stadium being demolished remains a likely scenario, but the exact time is uncertain. The cash-strapped Western Province Rugby Football Union has entered into an agreement with Investec that will see the asset management group given development rights to the stadium from 2021. Investec will take on the development on a 99-year lease.
That means next year’s 2020 Super Rugby season will most likely be the Stormers’ final campaign at Newlands with a relocation thereafter to the Cape Town Stadium. Prior to any development taking place, Investec will have to secure rights from the City of Cape Town before they can move ahead with any potential demolition and construction, which could mean that a complete demolition of South Africa’s oldest rugby stadium could still not take place.