Jasmine
Two years ago

Lightning Money Problems

I have just come out of a two week psychosis episode and haven't been able to follow the news - are the Lightning okay now or do they still have money problems that might cause them to fold? Did an investor come into save them?

Topic #44454 | Report this topic


Anonymous  
Two years ago

Lightning are RIP end of season best case unless one of the following happens:

BSA take it back over run it cheap. Team struggles

BAdel take it over, run it cheap. Team struggles

Private investor takes it over, loses $100k - $500k a year, team has success depending on cost. Private owner gets no support, no sponsors because they're a private owner.

Reply #722153 | Report this post


Anonymous  
Two years ago

Why do they have money problems, aren't the Lightning / 36ers / Titanium Stadium run by the same people ?

Reply #722243 | Report this post


Anonymous  
Two years ago

Because they have a heap of bills and their main income source won't be there next season?

Reply #722244 | Report this post


Camel 31  
Two years ago

Gotta feeling Lightning are gone . Hope I'm wrong .
Remember that 36ers _Titanium Stadium owners don't wanna go on with Lightning anymore and MAC closing down.
The Crows and SA Government having a look at it .

Reply #722254 | Report this post


Anonymous  
Two years ago

What would be the budget breakdown of this team, I know half a million doesn't just go to the players and Lucas wouldn't be getting $5. Need to spend on players to be competitive but better to slash the budget and survive than overspend and fold.

Reply #722270 | Report this post


Anonymous  
Two years ago

244 - Main source of income ?
254 - MAC closing down ?

Reply #722278 | Report this post


Camel 31  
Two years ago

Might be the same . SA Government is closing MAC , next year ... well , that aint far away now...

Reply #722279 | Report this post


Anonymous  
Two years ago

36ers and Stadium are owned by two different people.

Reply #722303 | Report this post


'  
Two years ago

so much money being spent on womens initiatives around the place - surely the Lightning can be kept together. Having games on junior nights surely keeps the gate down.

Reply #722304 | Report this post


Anonymous  
Two years ago

charging $0 entry means playing on a junior night makes no difference to the gate.

Works for AFLW because the AFL fund the Women's League. But not in WNBL. And that there is part of the issue.

AFL has created a new market by using their AFL brand for power. That takes away from the other self reliant Women's Leagues.

Netball, W-League and WNBL have to now fight the pulling power of the AFL and in Adelaide they're just not able to given the way its run.

Reply #722306 | Report this post


'  
Two years ago

even if it is $0 entry - you can't be playing junior games and going to the Lightning at the same time.

Reply #722338 | Report this post


Anonymous  
Two years ago

AFLW like all women's sports makes no money and runs at a huge loss.
AFL are only doing it for PR and to engage females who they had started losing to soccer

Reply #722358 | Report this post


Anonymous  
Two years ago

And basketball is now losing girls to afl

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'  
Two years ago

girls numbers are better this year than the last year or two

Reply #722378 | Report this post


Anonymous  
Two years ago

"Lightning are RIP end of season best case unless one of the following happens:

BSA take it back over run it cheap. Team struggles

BAdel take it over, run it cheap. Team struggles

Private investor takes it over, loses $100k - $500k a year, team has success depending on cost. Private owner gets no support, no sponsors because they're a private owner."

Basketball Adelaide - owners of the 36ers - already own and operate it. You can't take over what you already own.

Reply #722418 | Report this post


Anonymous  
Two years ago

Basketball Adelaide and Adelaide Basketball (Club) are not the same.

Reply #722420 | Report this post


Pop  
Two years ago

Agree - despite containing the same letters, BA and BSA are quite different ... different objectives & responsibilities, different people ...

Just to complicate things, nationally we also have BA [Basketball Australia], which like BSA [Basketball South Australia] is responsible for administering & promoting the sport of basketball, from juniors to internationals.

The SA version of BA - Basketball Adelaide - is a commercial entity that 'owns' the 36ERS & the Lightning teams and has no responsibility to the sport per se, which feeds into my fear for the future of the Lightning, which were once run by BSA, or BASA, as I think it was back then.

Reply #722426 | Report this post


Anonymous  
Two years ago

POP you're wrong

Reply #722429 | Report this post


Anonymous  
Two years ago

POP

Basketball Adelaide is the 10 clubs.

Reply #722439 | Report this post


Anonymous  
Two years ago

Basketball Adelaide - 10 clubs
Adelaide Basketball - 36ers and Lightning
Basketball SA - supposed to be the peak sporting body in SA, affiliated with BA.

Reply #722442 | Report this post


Pop  
Two years ago

Oops. Sorry. Critical inversion, eh.

That said, Basketball Adelaide/Adelaide Basketball. Did they set out to intentionally confuse people?

Reply #722463 | Report this post


Anonymous  
Two years ago

Hope they sort it out.

Reply #722464 | Report this post


Big Ads  
Two years ago

Heaven help us if the Judean People's Front (not to be confused with the People's Front of Judea) get involved.

Reply #722466 | Report this post


UseTaHoop  
Two years ago

Props to the Pythonesque allusion BA

(See- you're one of them too).

Reply #722487 | Report this post




 

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