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SBD Global/November 1, 2012/Franchises

Financial Problems Force Cheshire Jets Out Of British Basketball League

The Cheshire Jets have been thrown out of the British Basketball League "because of their financial problems," according to the BBC.com. New Owner Hadyn Cook "saved the club from going out of existence last month." The Jets asked the league to postpone Sunday's fixture against the Mersey Tigers as Cook "tried to raise extra funds" -- a request "that was rejected." In a statement, the BBL said, "The BBL have withdrawn the Cheshire franchise from its operating company with immediate effect" (BBC.com, 10/30). In Chesire, Alec Doyle wrote that the move "throws the season into major doubt," although from the BBL statement, it "seems clear they are hopeful a solution can be found to ensure the Jets survive." Cook said that "the players will be sent home, season tickets will be refunded and there will be no more games this season." Cook: "I tried. I had a lot of support, particularly from our sponsor Terry Hearfield who has been fantastic, but in the end the costs just didn't add up. Given a couple of years we maybe could have made it work, but I could not keep it going for that long" (CHESTER CHRONICLE, 10/30).
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