Isaac
Years ago
Boti talks with Vince Marino re Lightning
Boti Nagy has a story in The Advertiser today about Vince Marino, the new owner of the Adelaide Lightning. It talks about his background in business and basketball, and a bit more about his plans, though obviously it's light on details.
"I love the sport," he said yesterday, with his financial advisor Gary Murdock shaking his head, almost in despair. Clearly, spending $113,000 to buy a women's basketball team was not a business-only decision.His company, Link Engineering, employs 140 people and with construction booming he had the opportunity to take the plunge:
But Marino just smiles. "I expect to lose money in the first year," he said.
"I expect to lose money in the second year. By the third year, maybe we're breaking even."
"I like a challenge," Marino says when pushed for why he bought the team.» Lightning to boom