Billion-dollar saviour emerges for WNBL as losses stack up
A billion-dollar company could become the WNBL’s saviour, with the league’s losses exceeding $5 million last season. But will Basketball Australia give up a 51% stake in the ownership? Billion-dollar Melbourne property developer Pelligra Group, which holds the Adelaide Lightning license among a growing portfolio of local and international sporting teams, would consider exploring ownership … [Read more…]