EssenX
Last year

Breakers for sale?

"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

Topic #51326 | Report this topic


Pinch  
Last year

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.

Reply #922865 | Report this post


Perthworld  
Last year

LK has a good working relationship with the AFR hence that ridiculous valuation seeing the light of day in print.

Reply #922888 | Report this post


Kolzee  
Last year

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

Reply #923018 | Report this post


a5ian nbl fan  
Last year

yeh^

Reply #923041 | Report this post


Kolzee  
Last year

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

Reply #925677 | Report this post




You need to be a registered user to post from this location. Register here.



Close ads
Serio: Tourism photography and videography
Little Streaks - The fun and interactive good-habits app designed especially for kids.

Advertise on Hoops to a very focused, local and sports-keen audience. Email for rates and options.

Recent Posts



.


An Australian basketball forum covering NBL, WNBL, ABL, Juniors plus NBA, WNBA, NZ, Europe, etc | Forum time is: 1:39 am, Sun 22 Dec 2024 | Posts: 968,026 | Last 7 days: 754