According to newspapers in Sweden, Obol -a financial services/investment company, have bought the license for the Basketliga , Swedens highest basketball league.
The purchase of the license is valid for 15 years and means that OBOL will take over the management of the league. It is implied in the text that more clubs will partake in international competitions beginning next year as that creates more exposure for OBOL as a company and also higher revenues.
My initial thought is that this is both better than could be anticipated and worse.
Better because this probably means that a higher professionalism will be required from certain clubs.
Worse because OBOLs business plan probably means that that the League alone needs to start produce revenue sometimes soon(never happened), failure to do so puts the entire enterprise as well as all the clubs in jeopardy.
Another link (all in Swedish Im afraid)
And the last one,
The purchase of the license is valid for 15 years and means that OBOL will take over the management of the league. It is implied in the text that more clubs will partake in international competitions beginning next year as that creates more exposure for OBOL as a company and also higher revenues.
My initial thought is that this is both better than could be anticipated and worse.
Better because this probably means that a higher professionalism will be required from certain clubs.
Worse because OBOLs business plan probably means that that the League alone needs to start produce revenue sometimes soon(never happened), failure to do so puts the entire enterprise as well as all the clubs in jeopardy.
Another link (all in Swedish Im afraid)
And the last one,
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