The Pick and Roll

Share this post

NBL takes Illawarra Hawks license back, will address ownership decision

pickandroll.com.au

Discover more from The Pick and Roll

We're all about Aussie hoops. Independent, objective analysis and commentary. Insightful narratives built around Australian basketball. Read about our men and women in the NBA, WNBA, NCAA, Europe, national teams, NBL, WNBL, NBL1, prospects and more.
Over 2,000 subscribers
Continue reading
Sign in

NBL takes Illawarra Hawks license back, will address ownership decision

Kein
Apr 3, 2020
Share this post

NBL takes Illawarra Hawks license back, will address ownership decision

pickandroll.com.au
Share

It looks like LaMelo Ball might not be the face of the Illawarra Hawks' new ownership group - yet.

On Friday evening, the league confirmed that the team is in voluntary administration. The NBL will be directly engaged in future discussions around new ownership for the Hawks.

The NBL has taken back the licence for the Illawarra Hawks after the club was placed into voluntary administration.

Hungry Jack’s NBL Owner and Executive Chairman Larry Kestelman said: “We thank Simon and Wendy Stratford for everything they have done during their time at the club to advance the interests of the Hawks and the Illawarra region and we wish them all the very best during these unprecedented and challenging times.

“We will spend the coming weeks establishing a plan and a process to find the next owners of the club. Illawarra is one of the NBL’s foundation clubs and we are committed to ensuring its long term viability and success in the League.

“We are in discussions with the Australian Basketball Players’ Association and will address the issue of any outstanding player entitlements from the 2019-20 season, and make sure the club is in a strong position and ready to participate in the 2020/21 Hungry Jack's NBL season.”

According to the Illawarra Mercury, local business man Tory Lavalle, whose company Multi Civil and Rail has been a sponsor of the team, was in discussions with the league to take over ownership from Simon Stratford. Lavalle had also confirmed that a miscommunication in the deal's progress resulted in a premature announcement on ownership via ESPN.

Share this post

NBL takes Illawarra Hawks license back, will address ownership decision

pickandroll.com.au
Share
Previous
Next
Comments
Top
New
Community

No posts

Ready for more?

© 2023 The Pick and Roll Pty Ltd
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing