Lovebroker
Two weeks ago

Administrators recommend Hawks liquidate.

Administrators are supposed to go to an organisation undergoing VA with a positive mindset to try and restructure the organisation and it's outstanding liabilities and hopefully give it another chance to operate.

The Illawarra Hawks are so trash that even the Administrators are suggesting it should be dissolved.

https://www.abc.net.au/news/2020-05-11/illawarra-hawks-face-liquidation-administrator-says/12234880?section=sport

- They have been losing money since 2016.
- They lost $1.7m across the 17/18 and 18/19 seasons. Lost $1.7m to produce that trash product on the court.
- Despite being gifted the biggest drawcard last season they still managed to make a loss. They lost money even after bringing in 2 imports that would struggle in social C division comps.
- The Trash ownership and management actually increased staff salaries during that time.
- They don't have the assets to pay off their liabilties.
- They don't even have the funds to pay entitlements.

From top to bottom this team is just horrible and does not deserve to operate in the NBL.

Thank you Campbell for showing the league how not to run a organisation.

Topic #47221 | Report this topic


Isaac  
Two weeks ago

Despite the club reporting an improved financial position for the 2019/20 season, the team still lost almost $100,000.
Could be worse. Certainly not catastrophic as far as NBL team seasons go. But as indicated, that was with Ball and going (hopefully very) cheap on the replacement imports.

I assume the increase in staff salaries was adding someone to help or something pre-arranged. Otherwise, very questionable.

Reply #805517 | Report this post


Anonymous  
Two weeks ago

Administrators also do their job without any care for community, history or the fact general sporting clubs lose money. They only look at financial aspects of a company.

Given the reaction of the AFL and NRL to COVID its safe to say this isn't an Illawara or NBL issue its a sport in Australia issue. We compete against the American product with a fraction of the population, international reach, corporate dollar and in particular very rich owners.

The business model for those Leagues relying on TV deals to survive isn't a long term stratergy. Neither is the NBL. The issue for Australian National sporting codes is there isn't one where all clubs run at a profit.

The OP's comments about Illawara and Campbell in particular are niave, uneducated and unfair given the reality of sport in this country.

Reply #805518 | Report this post


KET  
Two weeks ago

- They have been losing money since 2016.

What does that mean? That the owner hasn't been putting capital in to reconcile losses?

Because they certainly weren’t making profit prior to 2016.

If the 36ers have made a profit in the last 20 odd years I’ll be shocked. Losing money is the standard nature of NBL clubs and the only way they survive is by rich owners pumping money in

Reply #805520 | Report this post


Anonymous  
Two weeks ago

They had Ball who was great for the first 4 home games but i can tell you after that people wanted to watch good basketball and a competitive team not a Ball running around while the team got smashed!

The locals know good bball when they see it and the products didn't engage with the local community as it was obvious for all to see the product was terrible!

All the LaMelo ball clicks and interest was from the outside and never equated to an extra dollar in the door when compared to putting a competitive team on the floor which helps stimulate interest in the local community and gets people to go.

Our fans are nuffies who click on snapchat and love the highlights when it was clear the team was built to showcase a young kid and not win games so why would we go and support that? We want a community based competitive team not a fly in fly out job who cares not for the team or winning!

Reply #805521 | Report this post


Anonymous  
Two weeks ago

Administrators look after themselves first and then creditors. If there aren't any assets to sell off to cover costs then they will bin the deal. An NBL licence isn't worth anything and all that will be left of any value is the Hawks name which doesn't have any value to anyone outside Illawarra for sentimental reasons.

Reply #805522 | Report this post


Anonymous  
Two weeks ago

Fans never showed up for their team anyway. Illawarra don't deserve the team

Reply #805525 | Report this post


Anonymous  
Two weeks ago

Bye bye Hawks.

Reply #805526 | Report this post


Anonymous  
Two weeks ago

You don't to operate in society but we tolerate you Lovey.

Reply #805527 | Report this post


Anonymous  
Two weeks ago

The most shocking part of this is that Lovebroker reads abc news...far too socialist for you mate.

Reply #805528 | Report this post


LV  
Two weeks ago

Why do people talk about professional sporting clubs and say "they were losing money" as if that's some kind of great point?

Do some research. Most professional sporting clubs in this country are losing money.

Reply #805529 | Report this post


LV  
Two weeks ago

eg: Of 9 Sydney based NRL clubs, 3 made a profit last year, 5 made a loss and one didn't disclose their result

https://www.smh.com.au/sport/nrl/nrl-moneyball-the-dire-financial-state-of-sydney-clubs-revealed-20200320-p54c71.html

Reply #805531 | Report this post


Anonymous  
Two weeks ago

If you claim to be a fan and only go when your team wins then you are the reason why teams fold

Reply #805533 | Report this post


Zodiac  
Two weeks ago

That's not the problem with Hawks fans the problem is they don't even go when their team is winning, their crowds were still appalling in the 2016-17 season they went to the Grand Final.

Reply #805534 | Report this post


Anonymous  
Two weeks ago

I am the anon in the other thread who referred to an owner who said "buying an NBL team was the worst decision of my life."

Losing $100,000 on a season is an amazing result for an NBL team, even more so for a team that has had terrible crowd numbers for years no matter what their results. Campbell should be seen as a miracle worker for producing a result like that.

Now imagine if the the locals actually supported the team.

Reply #805535 | Report this post


Cram  
Two weeks ago

"Despite being gifted the biggest drawcard last season they still managed to make a loss."

Almost as if building your team around an 18 year old who's not ready to win isn't the way to engage local fans despite all the social hype. Weird.

Reply #805536 | Report this post


Anonymous  
Two weeks ago

#535
Exactly, Campbell is doing great, they just need an owner who is willing to put in and they should be fine. Remember the draw last season had a lot Monday night games for the hawks which isn't great.
I’m certain the new ownership group can make ago of this. One of the new owners has other sporting teams in the district and is a passionate about the local area so that’s a good start.

Reply #805539 | Report this post


Anonymous  
Two weeks ago

The bigger question is will someone in the current climate buy the NBL licence or do we expect LK to fund another team?

A big chance if we can play in 2020/2021 that we are a team less.

Reply #805540 | Report this post


Zodiac  
Two weeks ago

Campbell should be seen as a miracle worker for producing a result like that.


Agreed and now people who were questioning the logic of signing Ball in the first place can understand why it was such an astute decision.

Hawks fans turned their back on the team long ago they don't come out to support a winning team and they don't come out to support a losing team so the goal then should be to reduce their losses as much as possible if the on court product is irrelevant. A $100k loss is a great result for an NBL team and fantastic for the Hawks.

Signing Ball also had the added bonus of potentially catching on in the Gong which could boost crowds but Hawks fans still barely cared. I'm not sure why the NBL bothers to keep a team there anymore foundation club or not the locals have effectively turned their back on the team over the last decade.

I would've preferred to see their licence transferred to Tassie rather than expanding to add another team. The Hawks will likely be an anchor over the next few years until the NBL has no choice but to wind them up.

Reply #805541 | Report this post


Anonymous  
Two weeks ago

Bit of a harsh criticism for this team. Going against them is very small & dated venue and regional footprint. Both of these reduce the money you can earn. Their venue by todays standard wouldnt probably qualify for an new NBL team bid.

The NBL luxury tax from the bigger clubs is obviously not enough to support them and tHeir ownership were just not rich enough ultimately.

As much as we all love basketball, there is not enough of us and we need wealthy owners who also share the passion to get involved.

Reply #805543 | Report this post


Anonymous  
Two weeks ago

Lovebroker blaming Campbell when he's only been GM for the last 20 months and inheriting a clusterpuck left by the last bloke in charge is brilliant. The season prior to Campbell taking over they ran at a $1,000,000+ loss. I sure as shit don't agree with some of the signings during his tenure but a little research would have shown laying the blame solely on him is negligent.

Classic Lovebroker.

Reply #805544 | Report this post


Perthworld  
Two weeks ago

Campbell was the one who led the campaign to save the club in 2009. Talk about a loyal club servant.

Reply #805547 | Report this post


Anonymous  
Two weeks ago

Can Lamelo Ball buy it off the liquidators?

Reply #805553 | Report this post


Luuuc  
Two weeks ago

Losing $100,000 on a season is an amazing result for an NBL team, even more so for a team that has had terrible crowd numbers for years no matter what their results. Campbell should be seen as a miracle worker for producing a result like that.

Now imagine if the the locals actually supported the team.

Yeah, I was actually pretty encouraged by that part. Everything went wrong for them and they came out only 100k down.

Reply #805564 | Report this post


KET  
Two weeks ago

Wasn't there meant to be some sort of security funds that each club had to put up as to avoid this scenario and ensure they can pay their creditors?

What happened to that?

Reply #805566 | Report this post


KET  
Two weeks ago

Reply #805567 | Report this post


Anonymous  
Two weeks ago

Lovebroker will be gutted when they survive...with Campbell in charge. He'll go on a twitter rage for the ages.

Reply #805568 | Report this post


Anonymous  
Two weeks ago

That was something BA introduced when they ran the league I think, KET. Don't think it's been in play since then.

Reply #805570 | Report this post


PlaymakerMo  
Two weeks ago

What was Illawarra's average crowd size last season? 3k? It seems pretty easy to take pot-shots at an organisation without knowledge of the details, expecting a winning team on a shoestring budget, all while the community did not sufficiently support the club's financial position.

Reply #805572 | Report this post


Anonymous  
Two weeks ago

NBL not willing to sell license to a wealthy Sydney businessman who made strong enquirers about buying it to the current owner and administrators.

Effectively forcing the administrators to the position they are currently in of winding it all up.



Reply #805573 | Report this post


Anonymous  
Two weeks ago

#573 which wealthy businessman, you are talking shit.

Reply #805576 | Report this post


KET  
Two weeks ago

Sydney Kings owner? haha

Reply #805578 | Report this post


Perthworld  
Two weeks ago

Lovebroker will be gutted when they survive...with Campbell in charge. He'll go on a twitter rage for the ages.

The word trash will be used many times.

Reply #805583 | Report this post


Anonymous  
Two weeks ago

Lovebroker talking trash.

Reply #805584 | Report this post


LoveBroker  
Two weeks ago

I made a mistake in the opening post, happy to own it.

I did not lay any blame on the trash supporters, which makes it look like I lay is all on the management.

The supporters must share a lot of the blame for this scenario they find themselves, they talk the talk when they say I want to keep the Hawks, but go MIA when its time to do the walk.

There seems to be some defending the Hawks management, which I can understand to an extent.

But the Hawks consistently get assistance in the form of equalisation payments which lifts them up to the Salary Floor, and then Lamelo Ball.

Even with this help they refuse to help themselves, a) by not replacing Brooks b) when forced replacing them with Hobson and Preston.

This is also NOT the first time this organisation has gone under VA, they did it before and wanted to not honour entitlements, Gordie left after that citing the Hawks' actions were no longer in line with the values he and the Hawks previously shared.

https://www.abc.net.au/local/stories/2015/06/22/4259417.htm

Reply #805586 | Report this post


KET  
Two weeks ago

You made a pretty poor post bro

Reply #805587 | Report this post


Anonymous  
Two weeks ago

Get them out of the Gong. No fan base. Bendigo gets more supporters at their NBL1 games.

Reply #805590 | Report this post


Anonymous  
Two weeks ago

Let it go Lovebroker. You're definitely the most miserable bloke on hoops.com.au

Reply #805597 | Report this post


Air Delay  
Two weeks ago

C'mon Lovebroker & other Hawk dumpers,

1) Campbell did amazing work to work with a reclusive, reluctant owner & still almost break even.

2) Owner wouldn't part with $$$$ to replace Brooks & without insurance on Brooks, he would've gone even broker!

3) Then the NBL basically forced the club to take those two numpties... at the expense of developing the younger brigade

4) Those Monday games were tough for fams with kids & fans in general. IT was a disastrous & disgraceful, inequitable draw from the get go

5) Every gave it to Flinny, but would any other coach in the league have been able to do better with the cards they were dealt?

6) The new ownership group has the perfect mix & WILL be 1000 times better than the predecessors.

The Hawks will bounce back better! : )

Reply #805598 | Report this post


Anonymous  
Two weeks ago

Flynn was a poor choice. Anyone could see that. Hawks management made some mistakes but name a sporting club that hasn't. Sticking the knife in without being fair and remembering NO SPORT in NSW draw crowds even their beloved NRL, it's just biased.

Reply #805608 | Report this post


Anonymous  
Two weeks ago

Bendigo Hawks is happening

Reply #805613 | Report this post


Anonymous  
Two weeks ago

Gordie left because he wanted a shitload of money that they couldn't afford. Pretty reasonable. But there are a lot of other problems there looking in from the outside.
Leagues in trouble itself anyway, they should take a year off, sort their shit out, wait for the dust to settle then try and comeback the following season.
If we lose a few teams in short term, playoffs is going to look silly with only a few teams missing out. Just make it a tournament then, 1v6 etc. It's mid and long term we should be worrying about, not about a maybe season.

Reply #805614 | Report this post


Anonymous  
Two weeks ago

TV money aint saving the NBL as would be the dream. NRL and V8's are struggling with their TV deals and are monsters compared to the NBL. The old model is broken, athletes are paid over the odds in Australia. Sustainability must come first.

Reply #805622 | Report this post


Anonymous  
Two weeks ago

Campbell did a great job but the handed over the team to a coach who wouldn't stand up to the Balls and his manager!

They became a joke and we could all see it in the way they played and it appeared the coach was hamstrung which must have come from management or he was incompetent, not sure which one is correct!?







Reply #805623 | Report this post


Anonymous  
Two weeks ago

the GM got some balls but the coach didn't

Reply #805624 | Report this post


Three to make two  
Two weeks ago

Don't really get all the hate for the Hawks. Sure, they're not your multi-million dollar glamour team. And, yes, they are going through a sh!tstorm at the moment. But, hello: Sydney? Brisbane? Melbourne? Yeah, they're back in now but they went out with crowd pools of 1,000,000+ people and capital city venues. The Hawks have 300,000? spread a long way down the coast. So, if your criteria is that a team should be kicked out completely and forever, get rid of Sydney, Brisbane and Melbourne. But if an new owner can found who is willing to put money in and clear the debts, then the Hawks do still "deserve" their place in the league, along with everyone else.

If a new owner cannot be found (or if the NBL doesn't torpedo any deal?) then so be it. The Hawks go the way of the Cannons, Falcons, Supercats, Devils, Sydney, West Sydney, all the Melbournes (Giants, Spectres, Saints, Tigers), Bearcats ect ect.

Fans like me will be disappointed. (And please don't lump me (and people I know) in with "fans" who never showed up. They are not fans. We went to every home game (and some away) and have done for years. Through thick and thin, Through good draws and bad. Through club ownership, private ownership, community ownership, private ownership.

And dumping on Matt Campbell's efforts? As others have pointed out, he was a driving force to keep the Hawks in last time. And the Hawks then proceeded to make finals and a Grand Final. Their on-court performance this year was ordinary. Losing Brooks hurt. The replacement process hurt. Lamelo pulling the pin hurt. But I had a look at the record books. In every year, at least one team has finished last. In the last few years, the Hawks have made the finals more than some other teams. If on-court success is the sole determinant, next season let's all watch Perth play ... Perth ...

Other things:

the Coach. You can't sugarcoat it. Matt Flynn showed himself as a former player who couldn't seem to make the jump to coach. Look at Scott Fisher and Andrew Gaze as other examples. Maybe his niche is as an assistant coach. That "stunt" with the whiteboard and laptops going through the imports, after Brooks got hurt, was ordinary. It was probably meant with the best of intentions but came across as amateurish. And didn't result in any outcomes. Until Preston/Hobson.

The venue. It sucks. The Hawks (and fans that do go) are screwed by them. It's not the Hawks fault that there was a leaky roof. Gladys can spend $100s of $1000000s on Sydney venues, but not a few shekels to revamp the WEC. And that wouldn't change how the venue is managed. It might've even resulted in cost increases to recoup the "investment". And their "coffee" is pricey warm frothy dishwater. (However, WEC is in a good location, near the beach and a restaurant precinct, so not all bad)

Imports: touched on above. Brooks was starting to show what he could do, then got injured. The replacement process was ordinary, to say the least. You can blame the budget, but the Hawks have unearthed some pretty good imports over the years. This wasn't handled well. Knowing what we now know about the financial situation, perhaps the provider of the finance was interfering more than he should have and he hamstrung the coaching staff? I don't know. But it didn't look good and didn't end well.

The "fans". I don't know why so-called fans don't go. I'm not one of them. People I know are like me and have gone for years, some driving up from Shoalhaven and Kiama, and down from teh Highlands. So, it's down to people who live in Wollongong who don't go. You can blame the draw with the Monday night games (and many have) but the NBA draw big crowds through the week. Our footie codes can draw people mid-week (but they do have a bigger presence in our social fabric) and even their mid-week crowds are not as big as weekend crowds.

Media: the local media is pretty good. They get good coverage in teh local rag and on the local TV station. Former news presenter, Geoff Phillips, was a long term fan and they used to have some basketball people at the Mercury. So, we can't blame that for the "fans".

2c.

Reply #805626 | Report this post


Anonymous  
Two weeks ago

Hawks only lost $100k last season? So better than all teams not called Perth and people are still dumping on Campbell.

Reply #805628 | Report this post


Anonymous  
Two weeks ago

Sydney and Melbourne didn't lose money either, Cairns always runs a tight ship, a lot of the clubs are broke is crap.

Reply #805629 | Report this post


Anonymous  
Two weeks ago

Once again the stadium (WEC) like the TEC in Townsville is one of the major reasons the Hawks have issues. Equally lack of crowds were a major factor too.
The Ball fiasco was and is a joke and any suggestion that they own the team is mortifying. The NBL won't care as they will only be interested in selling a licence at a maximum price.

Reply #805630 | Report this post


Anonymous  
Two weeks ago

Its reported that the teams lost a combined 20mill

So if 3 out of 9 made money or broke even and the Hawks are 100k down then 5 teams are lost an average of 4 million each.

yeahy nah

they ALL lose money.

Reply #805636 | Report this post


Anonymous  
Two weeks ago

"Sydney and Melbourne didn't lose money either"

Yeah they did. They simply don't get the crowds they need to make their spending viable.

Reply #805637 | Report this post


Zodiac  
Two weeks ago

Every NBL team loses money every season except for Perth and occasionally Cairns.

Reply #805641 | Report this post


Anonymous  
Two weeks ago

To many losers on here that no shit, the nbl is a closed organisation, no one see their books, believe me it's not all doom and gloom. The media also like talking down the nbl because they don’t like competition for the football codes where most media come from.

Reply #805645 | Report this post


Anonymous  
Two weeks ago

"Sydney and Melbourne didn't lose money either"

LOLOLOL someone still has access to good drugs during the lockdown!

Reply #805647 | Report this post


maxymoo  
Two weeks ago

The NBL would be poorer without the Hawks.

Pity they couldn't just keep that young core together and develop. I understand the Ball experiment - just a big distraction and they could have perhaps just gone all in behind Brooks and another shooter.

Reply #805648 | Report this post


LoveBroker  
Two weeks ago

Hawks only lost $100k last season? So better than all teams not called Perth and people are still dumping on Campbell.


Its not only the $100k.

Campbell chose Flynn.
Campbell signed Preston and Hobson.
The Hawks have received league equalisation payments and LaMelo paid for by the league. Campbell got such a leg up from the league and still the organisation folded. In reality Campbell lost more than $100k if not for the extra boost.

The Crowds also on the Hawks, you have the #1 draft pick, how is it your stadium is not filled out? what did the Hawks do to promote themselves? Oh yeah, thats right, they complemented Ball with Preston and Hobson.

Reply #805651 | Report this post


Anonymous  
Two weeks ago

LoveBroker you have it all wrong

Reply #805655 | Report this post


Duke Fan  
Two weeks ago

Local media down here was reporting recently that the WEC had lost it's licence to hold events with crowds over 1,000 due to multiple issues

If the Hawks survive they should go back to the Snakepit. NBL players would love the beer showers from the bar haha

Reply #805656 | Report this post


KET  
Two weeks ago

I don't think Perth even really make profits these days? Perhaps breakeven?

Cairns are known to be a well run community club, but one would imagine they are in the precarious situation of spending roughly what their revenue is to ensure they can compete as best possible but not go broke. If they get the balancing act wrong, or something unpredictable affects them (like Corona), that could pretty quickly put them in trouble, hence the aim to get private ownership - allow them to spend more and take bigger hits.

Illawarra, perpetual $$$ loser, crappy stadium deal/infrastructure. The fact they've lasted this long is a testament. Almost every club has died or struggled. 36ers have had multiple of these close deaths.

36ers, definitely losing money. GK is plowing money in but there needs to be a leveling asap. The Ent Centre is intended to deliver that: higher crowds, better sponsorship. Don't expect 36ers to be in a "decent" financial position. Last year, they sort of were, this year unlikely!


Reply #805659 | Report this post


Anonymous  
Two weeks ago

^ above higher crowds at a higher rental cost to the Dome. No net gain financially but it does look better and is more convenient

Reply #805660 | Report this post


Zodiac  
Two weeks ago

I don't think Perth even really make profits these days? Perhaps breakeven?


They make profits they just understandably like to play it down in the media but it did get out that a year or two ago they made $1 million profit for that season.

36ers, definitely losing money. GK is plowing money in but there needs to be a leveling asap. The Ent Centre is intended to deliver that: higher crowds, better sponsorship. Don't expect 36ers to be in a "decent" financial position. Last year, they sort of were, this year unlikely!


I think they're preparing fans for even further restrictions on roster spend hence letting Drmic & Froling walk.

Personally I never bought the guff that Griffin was on $400k last season and that the roster was the fourth most expensive in the league very hard to believe that with a desperate Randle who was still a free agent come October, Griffin being cut three times the previous season and guys like Moore, Teys, Kyei, Dillon & White on the roster.

Reply #805661 | Report this post


Zodiac  
Two weeks ago

above higher crowds at a higher rental cost to the Dome. No net gain financially but it does look better and is more convenient


Highly unlikely. GK was desperate to move the Sixers away from TSA into AEC you're not itching to do that if you know you're going to lose money and don't forget the AEC is owned by the government unlike TSA and GK's partner is reportedly a politician in government.

When you factor in the large crowds at AEC too the 'no net gain' guff goes out the window.

Reply #805662 | Report this post


KET  
Two weeks ago

They make profits they just understandably like to play it down


I thought Perth have stated that more recently they're around that break even mark if they make the Grand Final?

I don't think they're making the $1mil profit that occurred a few years ago.

Reply #805663 | Report this post


Zodiac  
Two weeks ago

I thought Perth have stated that more recently they're around that break even mark if they make the Grand Final?


That's what they say yes.

I don't think they're making the $1mil profit that occurred a few years ago.


Perhaps not once adding Kay's contract to Cotton's now but I doubt they're losing money.

Reply #805664 | Report this post


koberulz  
Two weeks ago

They make profits they just understandably like to play it down in the media but it did get out that a year or two ago they made $1 million profit for that season.
That was six or seven years ago, not one or two. The league is completely different now.

Reply #805665 | Report this post


Zodiac  
Two weeks ago

The league is completely different now.


Agreed it's in a much better state financially now with LK bankrolling the league.

Reply #805666 | Report this post


koberulz  
Two weeks ago

Way to miss the point.

Reply #805667 | Report this post


Anonymous  
Two weeks ago

All owners cry poor, there good at it, Perth and Sydney were happy to keep paying as it was. Smith didn't buy into the kings to lose money, he’s not that charitable. Money can be made in well run clubs since Kestaleman took over.

Reply #805668 | Report this post


Zodiac  
Two weeks ago

Way to miss the point.


I didn't miss it it was just poorly thought out.

Reply #805669 | Report this post


Anonymous  
Two weeks ago

Lonebroker is the word he loves using so much trash.

Reply #805670 | Report this post


Anonymous  
Two weeks ago

"I thought Perth have stated that more recently they're around that break even mark if they make the Grand Final?"

What do you think Zodiac meant when he said they like to play it down?

Reply #805671 | Report this post


KET  
Two weeks ago

Not that because they simply aren't making million dollar profit.

Reply #805672 | Report this post


koberulz  
Two weeks ago

I didn't miss it it was just poorly thought out.
The salary cap back then was a million. Kay and Cotton earned that much between the two of them this season.

Reply #805676 | Report this post


Cotton Gone  
Two weeks ago

Look I despise the hawks like most people with an average IQ but we do need them.
Its like the avengers without Hawkeye. Every other team is formidable in there own way and then theirs a dude in goggles that has a bow and arrow. But we all love how he tries and we make out like he helps the group but yeah nah...
I dont want to live in a world where you cant watch your team destroy a home side whilst dodging water from a leaking roof and a regular camera cross to an inbred wearing a stackhat with spikes glued on it... Please for those that are average we need an Illawara hawks in our lives to understand how far we have come since evolution.

Reply #805678 | Report this post


koberulz  
Two weeks ago

The only teams to make more grand final appearances than Illawarra since 2010 are Perth and New Zealand.

Reply #805680 | Report this post


Anonymous  
Two weeks ago

That's a terrible factoid.

Reply #805683 | Report this post


Anonymous  
Two weeks ago

And it's not correct

Reply #805684 | Report this post


koberulz  
Two weeks ago

And it's not correct
Do go on.

Reply #805688 | Report this post


Anonymous  
Two weeks ago

What's incorrect about it?

Reply #805689 | Report this post


Anonymous  
Two weeks ago

How to run a business succefully. Make more money than you pay out. If you pay more in expenditure than income eventually you go broke. Nbl listen more about how it's greatest league outside nba and pay accordingly but have no lucrative T.v. deal and rely on crowds like amateur leagues. Bubble is about to be popped by a big needle and everyone thinks Hawks are alone in this and LK will come along with his chequebook and bail them all out. Corona is just going to fast track all of this.

Reply #805690 | Report this post


Anonymous  
Two weeks ago

"Agreed it's in a much better state financially now with LK bankrolling the league." Umm no it's not. IF the NBL survives at all it will become a shadow of itself. LK's smoke and mirrors are soon to be blown away and shattered.

Reply #805697 | Report this post


Anonymous  
Two weeks ago

The NBL is a second rate comp compared to just about every other sport played in the country.

Hell a lot more people know more about the NBA then the NBL and a lot of people think the NBA is a bunch of over paid wankers.

LK is just a mouth piece who will eventually lose to much money and pull the pin.

For the Hawks most fans have had enough of the circus around owner ship then the whole Ball fiasco and bad imports have turned even more away.

Campbell has done all he can but the ship is just about sunk.

Reply #805703 | Report this post


Anonymous  
Two weeks ago

Word of the Hawks possible demise seems to be an annual occurrence.
Might be time to say goodbye to them.

Reply #805704 | Report this post


KET  
Two weeks ago

Anyone have access to this article?

https://www.illawarramercury.com.au/story/6754485/ball-bid-for-hawks-ownership-in-jeopardy-as-nbl-changes-heart/

Reply #805705 | Report this post


Anonymous  
Two weeks ago

"Campbell chose Flynn" - One of your best Lovebroker, you clearly have NFI.

Flinn, was the owners choice.

Reply #805706 | Report this post


Anonymous  
Two weeks ago

#703 as compared to those well run sports such as NRL rugby australia cricket australia even swimming australia and the ffa.

Reply #805707 | Report this post


Anonymous  
Two weeks ago

#703
Go back to watching your bowls

Reply #805709 | Report this post


Anonymous  
Two weeks ago

Kestleman wants $5mill for the licence of the Hawks!!!. That's a joke. He has also tried to find other equity partners to join Ball in co ownership. Last I heard was Ball had rejected the new owner proposal and only wanted the local people involved. So things are positive for the Hawks it seems.

Reply #805710 | Report this post


Isaac  
Two weeks ago

I also don't buy the idea that Perth are losing money or barely breaking even, outside of a rare season in recent years.

If the Hawks weren't a foundation team, I wonder if they'd already have slipped away.

What was their timeline after losing Lisch and Penney? When did they have that import who killed pre-season and then bailed?

Reply #805721 | Report this post


Anonymous  
Two weeks ago

Perth don't make money as the wage bill kills them.

Without TV or that external cash and relaying on gate receipts only the salary cap is simply to high as clubs don't turn over enough money to pay the bills.



Reply #805726 | Report this post


LoveBroker  
Two weeks ago

That's a terrible factoid.


And it's not correct.


Since 2010, GF appearances :

- Adelaide 2.
- Brisbane LOL
- Cairns 2
- Illawarra / Wollongong - 2
- Melbourne 2
- New Zealand more than 2
- Perth more than 2.
- Sydney 1
- SE Melbourne - N/A/.

Reply #805731 | Report this post


Anonymous  
Two weeks ago

"Perth don't make money as the wage bill kills them."

Which is covered by having 11,000 members.

Reply #805737 | Report this post


Anonymous  
Two weeks ago

It's gone up 10% already. It was 10,000 the other day making donations.

Reply #805741 | Report this post


Anonymous  
Two weeks ago

Sydney averaged 11000 at home games last season.

Reply #805742 | Report this post


Anonymous  
Two weeks ago

No they didn't.

Reply #805743 | Report this post


Anonymous  
Two weeks ago

Yes they did.

Reply #805746 | Report this post


Anonymous  
Two weeks ago

The Sydney Kings attracted 140,168 fans to Qudos Bank Arena, an increase of 17%, including the biggest ever crowd for an NBL game of 17,514.

Reply #805747 | Report this post


KET  
Two weeks ago

140k / 14 = 10k average not 11k

That's assuming that number is across regular season home games only and not finals as well

Reply #805748 | Report this post


Anonymous  
Two weeks ago

If you remove the 17,500 as an outlier, then they averaged 9,500.

Perth averaged just under 13,000.

Reply #805750 | Report this post


KET  
Two weeks ago

In any event, Perth not making $1mil profit each year doesn't mean they aren’t doing well especially given context of sporting clubs generally and NBL. I’m sure they decent financially.

Sydney have also done well to improve their crowds. Wouldn’t be surprised if they spent a fair bit though

Reply #805751 | Report this post


LoveBroker  
Two weeks ago

I recall Perth saying their breakeven is very high, so they have to have big crowds just the breakeven.

They were able to do earn that $1m in the James Ennis year because the Sal cap was low (compared to today) AND they were getting great attendances, probably due to Ennis and they were winning.

Since then I can imagine that $1m surplus has been eaten up by a soft cap of $1.2 plus Cotton and Kay money plus any Luxury taxes.

Reply #805752 | Report this post


koberulz  
Two weeks ago

I also don't buy the idea that Perth are losing money or barely breaking even, outside of a rare season in recent years.
Keep in mind they've also been running a WNBL team, which I'm sure is a decent financial drain.

the Sal cap was low (compared to today) AND they were getting great attendances
Pretty sure they moved a ton of merch that year too, most of it t-shirts made by Nick Marvin's company outside of the official apparel deal so the NBL and And1 weren't getting their cut.

Reply #805754 | Report this post




 

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An Australian basketball forum covering NBL, WNBL, ABL, Juniors plus NBA, WNBA, NZ, Europe, etc | Forum time is: 6:53 am, Wed 27 May 2020 | Posts: 834,110 | Last 7 days: 535