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Stormers Pull Back as Lions' Record Fee Halts Haashim Pead Move

Keeping the 21-year-old in Johannesburg raises fresh questions about transfer pricing and the Stormers' No.9 depth.

Overview

  • Negotiations between the Stormers and the Lions stalled on Wednesday after the Lions reportedly demanded a record transfer fee and insisted the full amount be paid upfront.
  • Reports said the Lions' figure was more than double the roughly R800,000 linked to Siya Kolisi’s move, a number that Stormers director John Dobson later dismissed as inaccurate.
  • Haashim Pead is 21, under contract with the Lions until 2028, has logged limited senior minutes at Ellis Park, and was prepared to contribute toward a buyout to secure a move.
  • The Stormers pursued Pead to plug a gap at scrumhalf left by retirements, departures and Imad Khan’s long-term knee injury, and the collapse forces them to rely on younger squad options and temporary cover.
  • Unless either club revises its stance the impasse is likely to leave Pead at the Lions and sharpen debate in South African rugby over agent relations, contract buyouts and transfer payment practices.