Exclusive: London Lions’ new owners defend controversial CEO appointment September 1, 2024 Balan was one of the key lieutenants at 777, which bought the Lions in 2020 but took them to the brink of liquidation in July as the US private equity business collapsed.
Iconic LeBron James jersey to be auctioned August 29, 2024 The high school basketball top worn by LeBron James in a now legendary photo shoot for Sports Illustrated is expected to fetch over $1m when it goes under the hammer in September. The sale, which comes shortly after an iconic Babe Ruth jersey was bought at auction for a record-breaking $24m (£18m), is the marquee [...]
The on-off-on takeover saga that saved the London Lions from extinction August 23, 2024 For the London Lions and fans of the dual British basketball champions, it has been a summer of more twists and turns than a slam dunk contest — only a lot less fun.
Second top-flight British basketball team bought by new investors August 19, 2024 The Manchester franchise set to play in Britain’s new Super League Basketball has been bought by the US-based Sherwood Family Investment Office. The group is run by private equity veteran Ned Sherwood and Ben Pierson and will own both the men’s and women’s teams competing in their respective leagues. It comes just days after a [...]
BBL champions London Lions bought out of administration by Lithuanian group and Zalgiris Kaunas August 14, 2024 British basketball champions London Lions have been bought out of administration by Lithuanian group Tesonet and Zalgiris Kaunas. London Lions were taken to the brink of extinction by the collapse of former owner 777 Partners’ sporting empire. Tesonet, a tech hub and investor in Lithuanian side Zalgiris Kaunas, was the early frontrunner and the only [...]
Fresh twist in London Lions sale after league weighs in on potential rescue deals August 9, 2024 Super League Basketball say the part-owner of Zalgiris Kaunas has been the only party to meet its deadline for entry into the 2024-25 season.
London banker’s R3 Sport puts together rescue bid for stricken London Lions August 8, 2024 London Lions have been placed in administration following the collapse of 777 Partners’ sporting portfolio.
‘We haven’t sold the business’: London Lions administrators deny Lithuanian claims August 7, 2024 London Lions have won the BBL and Women’s BBL titles for the last two years.
Mayor Sadiq Khan targets another London Olympics and in talks over NBA return July 26, 2024 Sadiq Khan has reiterated that he wants to bring the Olympics back to London as he embarks on a charm offensive to show that the city is “the undisputed sporting capital of the world”. The Mayor of London spoke to City PM on Friday while travelling to Paris, where he will use the current Games [...]
NBA return to London would be ‘wonderful’ says USA and Warriors coach July 3, 2024 Kerr's star-studded USA team will play at the O2 this month before heading to the Paris Olympics.
