Isaac
Two years ago
The @BrisbaneBullets have announced Jake Silverstein has acquired a significant stake in the club as Co-Managing Owner.
— The NBL (@NBL) May 3, 2022
Silverstein is Co-Owner of Swansea City AFC (English Football Championship) and DC United (Major League Soccer).https://t.co/sFkmwPb8fP
Cram
Two years ago
Isnt that the same club that the SEM owner has a stake in?
ME
(he/kangaroo)
Two years ago
What I am finding is a lot of these big international buy ins aren't leading to more spending in the teams. Usually they opt for lower budget rosters
curtley
Two years ago
Bullets valued at $30 Million, thats on an american site so does that mean theyre actually valued at $43 million aussie dollars? Sounds steep.
Anonymightymouse
Two years ago
"What I am finding is a lot of these big international buy ins aren't leading to more spending in the teams."
Phoenix and Illawarra have certainly spent big after getting overseas investors.
Reader
Two years ago
"Silverstein, who is chairman and chief executive of Stormlight Holdings, the private investment arm of the Silverstein family, has purchased roughly 20 per cent of the Bullets, according to Sportico. The deal reportedly values the NBL outfit at US$30 million."
https://www.sportspromedia.com/news/jake-silverstein-brisbane-bullets-nbl-australia-ownership-investment-dc-united/
Reader
Two years ago
"The ownership group, one of five led by Americans in the NBL, could host games at a new facility that would be built in anticipation of the Games.
Preliminary discussions between ownership and government officials about a plan that would include a new 12,000-to-14,000-seat arena for the Bullets and an adjacent multi-use development—a projected $250 million project financed through a public-private partnership that is expected to include restaurants, residences and potentially a sportsbook."
koberulz
Two years ago
Not sure what it's like in person but their current venue really doesn't look great on TV. Seems like it only seats about 2,000, even though its actual capacity is significantly higher than that. Apollo always looked a lot smaller on TV than it really was, too.
ME
(he/kangaroo)
Two years ago
The new arena sounds promising but will Brisbanians turn up in those kinds of numbers?
Reader
Two years ago
Wasn't a common complaint about Brisbane's existing basketball venues that the location wasn't good? And the place they play in now looks old
koberulz
Two years ago
It opened only a few months before the Bullets started playing there.
Luuuc
Two years ago
I do keep reading that inflation has increased quite a bit lately
Ben
Two years ago
Re new stadium, this has been touted since Brisbane was planning in earnest for the Olympics.
Last I heard, to be built within an entertainment precinct near where Roma St Station is. Ogden was tied to this.
Someone separately had told me that a precinct where Albion Park Races currently exists is being considered also.
I like the question raised by ME that asks if Brisbane could adequately fill a stadium of 10k+. A central location (Roma St) would be helpful. The franchise would need to stop being a dumpster fire though AND put an entertaining + successful product on the floor. Among many many other things.
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An Australian basketball forum covering NBL, WNBL, ABL, Juniors plus NBA, WNBA, NZ, Europe, etc | Forum time is: 5:44 am, Fri 26 Apr 2024 | Posts: 968,026 | Last 7 days: 754
