Last month

Perth Lynx New Owner

and SEN is new management

Topic #52036 | Report this topic

Another Anon  
Last month

Wait.... so they're on the verge of selling majority stake in Wildcats but buy into Lynx?
I wonder where Danny Mills will be very soon??

Reply #942626 | Report this post

Last month

I feel like SEN has decided it likes running basketball teams more than it likes being the majority owners.

It sounds like a good model, get many interested buyers to form an ownership group, maintain a minority stake but act as the management company.

Reply #942655 | Report this post

Last month

How loaded are the new Perth owners- the wife runs a small ecomm biz and husband is a consultant with a US firm. They do own a 3.5 million house in Cottesloe but do they have the deep pockets this club needs?
They also invested 100k into SEN last year. Very weird set up!
I guess the sale of the Wildcats isn't happening then?

Reply #942659 | Report this post

Last month

Wow... wait, what? So new owners are buying basketball teams and handing them over for management purposes to SEN? Okay, good luck with that.

Reply #942687 | Report this post

Last month

What I haven't found info on is how is SEN allowed to run 2 clubs in the same comp? It's hardly ethical and I can't remember another situation in pro sports where it has happened.

I'm glad Perth have a bit of stability with new ownership now. Basketball West weren't bad, but it always felt the team was existing on a year to year basis. That seemed to cost them their best (in modern terms) player.

Reply #942754 | Report this post

Last month

It's hardly ethical and I can't remember another situation in pro sports where it has happened.
Kestleman had half the NBL teams for a while.

Reply #942758 | Report this post

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