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Post by docker on Jul 7, 2024 12:40:58 GMT
Looks like Sheffield Sharks and Hatters have a new owner / majority shareholder. Existing management team staying on as well... www.yorkshirepost.co.uk/sport/other-sport/sheffield-sharks-and-sheffield-hatters-taken-over-by-american-entrepreneur-vaughan-millette-4692939"Vaughn Millette, an American entrepreneur based in New York with experience across finance, energy and live entertainment, is the new principal owner of both the men’s and women’s clubs after acquiring a controlling interest. Despite the change in ownership structure, the day-to-day running of the club will continue as before with Sarah Backovic becoming CEO of the two clubs and head coaches Atiba Lyons of the Sharks and Vanessa Ellis of the Hatters awarded new long-term contracts" |
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Post by spacejammer on Jul 7, 2024 13:03:09 GMT
Looks like Sheffield Sharks and Hatters have a new owner / majority shareholder. Existing management team staying on as well... www.yorkshirepost.co.uk/sport/other-sport/sheffield-sharks-and-sheffield-hatters-taken-over-by-american-entrepreneur-vaughan-millette-4692939"Vaughn Millette, an American entrepreneur based in New York with experience across finance, energy and live entertainment, is the new principal owner of both the men’s and women’s clubs after acquiring a controlling interest. Despite the change in ownership structure, the day-to-day running of the club will continue as before with Sarah Backovic becoming CEO of the two clubs and head coaches Atiba Lyons of the Sharks and Vanessa Ellis of the Hatters awarded new long-term contracts" Interesting, makes me wonder if the BBL going stateside last season had anything to do in attracting these investors. Although at the same time whilst it's great for Sheffield it also makes me feel for Manchester and Plymouth who have been needing buyers for a long time and getting next to no interest. The other things that stands out with the article is the ambition for Sharks to play in Europe and the fact these people have jumped on despite their still being no official league in place yet. If their willing to jump in despite their not even being a BBL then I suppose we should look at it as a positive in a sense of it means the surviving teams most likely have a plan of action ready or in the works in order to bring back British basketball. |
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Post by donthatetheplayer on Jul 8, 2024 10:44:27 GMT
Looks like a great opportunity to use the Sharks and Canon Medical Centre to leverage live entertainment maybe following the Eagles and Riders template. Good move, well done.
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Post by spacejammer on Jul 9, 2024 7:40:48 GMT
Looks like a great opportunity to use the Sharks and Canon Medical Centre to leverage live entertainment maybe following the Eagles and Riders template. Good move, well done. I wonder what this means for Atiba if the Sharks suddenly start doing bad? Does he still own part of the club or has this investor took over everything? |
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