EssenX
Two years ago
"Sources said the business could be worth as much as $US30 million ($47 million) to $US45 million - but that is yet to be tested pending a sell-down."
https://www.afr.com/street-talk/bardoc-lines-up-investors-for-shot-at-nz-breakers-20230820-p5dy01
Pinch
Two years ago
If somebody gets offered more than $5m for an NBL franchise they should take it. They are basically worthless with the NBL owning all of the intrinsic value which it doesn't share with the teams.
Perthworld
Two years ago
LK has a good working relationship with the AFR hence that ridiculous valuation seeing the light of day in print.
Kolzee
Two years ago
It's been rumored for a while that they're looking to sell so this isn't a big surprise, especially after appointing a CEO outside of the ownership group
Kolzee
Two years ago
I can't see the current owners getting near what they want so prob won't go anywhere but will be interesting to see
https://www.afr.com/street-talk/new-zealand-s-nbl-side-assembles-bank-dream-team-in-search-for-deal-20230913-p5e4ew
Whispers are that some of the current owners have fallen out so that might play a part
You need to be a registered user to post from this location. Register here.
Advertise on Hoops to a very focused, local and sports-keen audience. Email for rates and options.
An Australian basketball forum covering NBL, WNBL, ABL, Juniors plus NBA, WNBA, NZ, Europe, etc | Forum time is: 5:54 am, Sun 9 Feb 2025 | Posts: 968,026 | Last 7 days: 754
