Wildcats grit teeth over cash pressures
Thursday March 26th, 2009 in Blog | No Comments »
[From the West Australian]
24th March 2009, 6:00 WST
Perth Wildcats face a major cash crisis following the collapse of their biggest sponsorship deal but have vowed to push on for a licence to play in a revamped NBL competition later this year.
Property group Saville Australia will not complete the final year of a threeseason “principal partnership” with the club because the company was struggling in the tough world economic climate.
It was believed Saville Australia was to inject $350,000 into Perth’s coffers in 2009-10 and had an option to extend the arrangement into a fourth season.