Kings Terminated.
June 12th 2008 09:24
The NBL confirmed today that the Sydney Kings licence has been terminated, the National Basketball League gave ( wanker businessman ) Tim Johnston a deadline to pay his players, coaches and general staff their outstanding wages, or your licence will be terminated, a time period which has since passed, the former owner of the Sydney Kings Mike Wrublewski has been tring to take over the club but the NBL has rejected that because of not submitting a suitable plan, Mr Wrublewski wants the NBl to go back to a summer League like it was 15 years ago, he also wants teams to go back to 1 club 1 city, it was thought to be more sucessful back then, the Kings licence atm will return to the NBL and will now negotiate with potental buyers, the Sydney Kings is beleived to be in debt of around 1.5 million dollars, i cant see the club in next years competition being the takeover time is too short, and not enough time for a suitable plan, how can a top team over the last 6 years suddenly disappear, what bull shit.
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