Hoops

New bid by Cole for Sixers ownership

Just received this email from the 36ers:

March 1, 2013

COLE UNABLE TO SECURE FUNDING


There has been ongoing communication with Ken Cole in relation to the interest he has expressed in taking a majority interest in the Club.


The Club today received written confirmation from Ken Cole informing the Club that he was unable to secure the funding required to move forward.

Link: http://sitedesq.imgstg.com/clubscripts/linkblast.cfm?key=8b964283-033d-4dbc-937d-c73cefa92ed4&memID=3369952

"Cole also concerned the 36ers' brand name and viability were being challenged and the club's name tarnished, in some instances deliberately."

I found that sentence written by Boti to be quite intruiging. It would be interesting to find out some more meaning behind this including details of who and how?

Nagy : " Cole is also concerned the brand is being tarnished , in some cases deliberately. "
Hodge : " When you cut the grass , the snakes appear . "

I got the impression of the Arena being under contract , subjective to ..... , so , cain't state that they are friends of Basketball just yet .

This is the first Sixers story to put a smile on my face in a long, long time. As long as Maher has an experienced assistant & Smyth has some experienced front office people I think it will be a success.
I don't mind Jimmy Buckets idea of splitting responsibilities between a Manager of Basketball & a Manager of Commercial. But, everything considered, I'd be happy for Smyth and Maher to be appointed to these roles.
Like Cole says in the interview, "If it comes to that, I'm sure we (Smyth & Cole) can be Pat Riley to his (Maher's) Eric Spoelstra if he thinks he needs it."

Lot of speculation re: the Arena being sold.

Haven't seen anyone speculating to whom it was sold though.

Any ideas?

If Boti and Cole are to be believed, it just about sounds like the final step in a done deal.

And we are back to the dog!

Brett's pet dog would be an upgrade on Leeann as CEO!

I've run mine for 15 years, it's abysmally run and no evidence at all that I could manage anything else successfully!

Jan Stirling has a lot of respect in the basketball community and appointment involving her would be applauded

Can anyone advise what Phil's qualifications are? Has he any experience in running business/managing people?

What us he doing now?

There's a lot more too running such a business than being a well know person, nit saying it can't be done but learning on the run in such a high profile position could be a big risk.

Why doesn't Cole present this to the NBL on the proviso it goes ahead if the Arena is available. Will save him some time and get things rolling quickly come seasons end.

This is a big thing to keep putting out there if it doesn't come off.

... 'SOS one of the bidders to buy The Arena '.. Nagy.

No one has coached before they coached.

But I think Cole going public with these bids when these bids are still in the early stages do more damage then good.

Does maher have a Labrador? If he has, I agree with spinner.