BBL ‘days away from administration’

[SamH]

I dunno tallerman, it just feels like maintaining the status quo is not the answer, they need to do something to add a bit of buzz, a bit of media coverage perhaps, get people talking. Even if you trial a few things for the season and then if they don't go down well, you don't have to keep them going (and by 2025-26 hopefully there might be more than 7 teams in action). It is a bit of a unique one coming up so why not take the opportunity to try something different and attract new fans? At this point they really have not got much to lose IMO.

[spacejammer]

I dunno what sort of season we're going to get but judging by their latest Early bird Facebook post today the Eagles are still encouraging fans to buy their season tickets early.

I would like to think if their wasn't a plan for the BBL next season then they wouldn't be encouraging fans to still buy tickets at this time.

That gives me hope and the impression the other teams outside the London circle must have some plan on how to continue the league.

Although whoever is picking up the pieces I don't half feel sorry for them having the headache of trying to figure out hoe to recover from this.

[SamH]

Is there any chance of Plymouth or Manchester being salvaged from the ruins, anyone know?

[irf]

Jun 21, 2024 15:10:08 GMT SamH said:

Is there any chance of Plymouth or Manchester being salvaged from the ruins, anyone know?

Or a new London club?

I guess Vince taking a job in Germany doesn't help

[sonjel]

Jun 21, 2024 14:49:32 GMT spacejammer said:

I dunno what sort of season we're going to get but judging by their latest Early bird Facebook post today the Eagles are still encouraging fans to buy their season tickets early.

I would like to think if their wasn't a plan for the BBL next season then they wouldn't be encouraging fans to still buy tickets at this time.

That gives me hope and the impression the other teams outside the London circle must have some plan on how to continue the league.

Although whoever is picking up the pieces I don't half feel sorry for them having the headache of trying to figure out hoe to recover from this.

  .....as are London Lions. Get yours here

[tallerman]

Jun 21, 2024 15:10:08 GMT SamH said:

Is there any chance of Plymouth or Manchester being salvaged from the ruins, anyone know?

I've heard rumours but hoping that's all they are.

[dexter]

The owners or administrators for the creditors will try to sell the three teams. I can't see any of them being in the BBL next season. I wouldn't be surprised if a Manchester team joined the BBL in the following season, just because there's everything there you need for a BBL team.

[lochrocks]

More from Stuart Hodge on X/twitter.

@cal_Gladiators
owner Steve Timoney has stepped down from his position as a director on the BBL board following the termination of the licence by the BBF earlier this month.

A statement announcing his departure said: “After weeks of immense efforts to persuade the BBL Board of the best possible steps forward, no agreement was reached and as such, Timoney has taken the decision to resign from his role as Board Director.”

Timoney will now focus on his role with the Gladiators and asserted his support for the joint statement issued by clubs in wake of the announcement by the BBF.

He added: “There is no more I can do to ensure compliance with my duties as a director, acting in the interest of our creditors and representing our clubs.

“My immediate resignation allows me to now properly engage with my fellow clubs in order to support professional basketball and our businesses.”

[cosbyrider]

The last friend of 777 gave up maybe?

[tallerman]

Hodge has made some very interesting comments about Kevin Routkedge

[milehigh]

Please provide a link

[lochrocks]

I assume Tallerman had seen this on X/twitter.

x.com/Hodgeythehack/status/1805647033136791671

[tallerman]

That's it

[cosbyrider]

Hodge has to be careful here. If there was a 15 month wait for proof of funds and a complete anonymity from the other interested party, that’s a solid reasonings for turning that deal down. There’s valid points made in that post but it lacks balance

[irf]

Jun 26, 2024 5:59:55 GMT cosbyrider said:

Hodge has to be careful here. If there was a 15 month wait for proof of funds and a complete anonymity from the other interested party, that’s a solid reasonings for turning that deal down. There’s valid points made in that post but it lacks balance

Tbf the balance comes from the Kev Routledge quote which pretty much answers why the "alleged" other deal on the table never came to anything

[milehigh]

Hodge has made several "anti Routledge" postsm without having any solid evidence to support his claims,

I wonder who Hodge is working for and what his motives are.

[irf]

Jun 26, 2024 7:10:18 GMT milehigh said:

Hodge has made several "anti Routledge" postsm without having any solid evidence to support his claims,

I wonder who Hodge is working for and what his motives are.

I think he is freelance and just wants followers which i get. So he will want interesting stories of course.

Bearing in mind he was anti 777 (understandably like most of us) you would imagine he ought to be extra careful himself thinking an anonymous offer that never actually materialised was any better than what 777 did. Could even have been 777 under a different guise etc for all we know. Or even an investor engineered by them to make their own investors put their own silly money forward. I wouldn't rule out anything 777 would do.

I see he's quoted kev routledge which is at least fair and actually the only person so far in his story whos preparded to put his name to anything said

So at this stage I'm inclined to have more faith on what Kev says than anonymous gossip that nobody can back up or even analyse to know who was behind it and/or know if it was ever a remotely viable option or not

But it's got zero credibility as an offer as it stands. Especially with the kev routledge statement explaining why it didnt progress

I'm sure Hodge means well

But he does also need to show fairness to Kev Routledge in this. Especially now he's specifically brought his name into it

[irf]

Here's what it says kev routledge has said about a prior opportunity to sell:


“After 15 months of discussion and negotiations there was no proof or clarity on the source of funds; therefore, the discussions were discontinued.
“There was never a deal; there was just a negotiation on prospective terms; at no stage was the prospective funder introduced or met; the discussions were via an agent.”


We have to believe that otherwise other BBL directors would tell us it wasn't correct




Followed by what Hodge says

"My understanding of the reason for the interested party having an agent oversee discussions is because the main investor prizes their anonymity and was more concerned about ensuring that the deal was legally concluded before becoming a publicly-known figure."




Personally I'm not sure how any investor thinks he could buy a sports league without being prepared to say who they actually are?

You can't anonymously buy things like this?

Not forgetting talking is one thing. Putting the money forward is what matters.

[milehigh]

Even if not making the identity publicly available, it would have to be made available to key directors and advisors, so that appropriate due dilligence is carried out.

Talking for 15 months without providing any proof of funds or identity seend very strange, and definately not the usual way of carrying out business.

[tallerman]

If you question it because it’s your team, it you’ve believed everything else, you’re making yourself look foolish. Clubs make mistakes and learn from it