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May 15, 2012

Basketball Australia optimistic for Blaze NBL future

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Basketball Australia’s interim CEO Scott Derwin said he is optimistic a solution can be found to keep Gold Coast Blaze in the NBL despite the club entering voluntary administration last week.

Derwin released a a statement Tuesday saying: ““I flew to the Gold Coast last week and on Thursday met with the ownership of the Gold Coast Blaze as well as the players, team staff and the club’s appointed Administrator, Roland Robson.

“Those meetings have given us reason for renewed levels of optimism around the future of the club.

“The team’s ownership and management are extremely confident of finalising negotiations with an additional new investor with whom they had already been in discussions.

“Clearly, we still need to allow the Administrator to analyse these plans and the overall position of the club in detail before we can be certain that Gold Coast will continue to play on in the NBL. However based on the information we have so far, those who have been forecasting the demise of the Blaze since Friday are certainly premature and quite possibly wrong.”

The NBL said it would provide a further update once the Administrator has completed his analysis.

 




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