Earlier this year

Sydney Kings Ownership Structure

The Sydney Kings have today announced a new ownership structure that sees Total Sport and Entertainment (TSE) assume full control of the rapidly-growing NBL franchise.
Under the arrangement, TSE will acquire the 50% holding shared by TEG and AEG Ogden, who together have stabilised and rejuvenated the Kings over the past three years.

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Earlier this year

Anyone know anything about this company TSE?

I read their website but I still don't fully understand what they do? (Apart from just purchasing the Sydney Kings)

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Earlier this year

FWIW, from the Australian Business Register and ASIC websites - "Total Sport and Entertainment" was registered as a body corporate in July 2006. It's registered with ASIC as a company limited by shares.

It has no other trading names and no history of other trading names. Registered address is in North Sydney and main business location is in Crow's Nest.

Also a change in office holder(s) middle of last year. Again no details on the people concerned as that info costs money to get.

Reply #738987 | Report this post

Earlier this year

Yes heard a while ago Lister was looking to offload the debt they were incurring. Looks like he found a wood duck!

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Earlier this year

I thought Bogut had some % ownership as part of his deal??

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Earlier this year

AEG Ogden Chairman and CEO Harvey Lister said: "As the Manager of four home venues in the NBL, our plan three years ago when we acquired the Kings was to save it, turn things around and ensure the club had a strong, long-term future in the National Basketball League.

Translation: We got tired of flushing money down the toilet with nothing to show for. Fuckyou Andrew Gaze, Jeff has explained that it was all your fault.

Fun while it lasted. I guess the rumours about the money being turned off were accurate.

Reply #739022 | Report this post

Earlier this year

There was no worse example than value for money in the league than the Kings first two seasons with Gaze and JvG. Not a bad decision in that regard.

Reply #739024 | Report this post


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