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Birmingham Post
Birmingham Post
Business
Jon Robinson

Revealed: Manchester Giants sold out of administration as league takes control

Manchester Giants Giants BBL Manchester Basketball Paul Stanley BusinessLive Covid-19

The Manchester Giants were bought out of administration by the British Basketball League (BBL) before a search for a new investor was launched, BusinessLive can reveal.

The BBL issued a press release last week saying the league was "exploring offers from prospective third-party investors" for the franchise. No mention was made of the administration or sale.

But it has now emerged that Manchester Giants Limited entered administration on March 23 and was immediately sold to the league.

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