The committee working on the proposal for a new WNBL team in south-east Queensland, to take over the WNBL Licence of Logan Thunder, have decided to withdraw their application.
BA has worked closely with the committee over the past eight months in an attempt to reach a solution that would provide the club with an opportunity to ensure long-term viability in south-east Queensland.
As part of the criteria outlined by BA, the committee had been set clear benchmarks for financials and sponsorship to proceed with acquiring the licence. Unfortunately the committee was not able to reach these benchmarks and were forced to withdraw their application.
BA would like to thank the committee for their committed and dedicated efforts in attempting to secure the licence.
BA and Basketball Queensland provided Logan Thunder vital financial and operational management assistance prior to the commencement of the 2013/14 season after it was revealed the club was suffering significant financial hardship, to allow the team to participate in the recently completed WNBL season
It was made clear to the Logan Thunder that BA was not in a position to offer ongoing financial assistance to the club beyond the 2013/14 season.
BA will continue discussions with Basketball Queensland and interested people to ensure south-east Queensland’s absence from the WNBL is only temporary.