News

Crocodiles to participate in 2015/16 season

The National Basketball League is pleased to confirm that the Townsville Crocodiles will participate in the 2015/16 NBL season. After placing the Club in voluntary administration in March, the Board have regained control of the Deed of Company Arrangement and subsequently received NBL approval to re-enter the competition. New Townsville Crocodiles Chairman Andrew Gisinger said the future of the Club is promising. “We’ve done all our due diligence and executed all the requirements of the Deed,” said Gisinger. “We’ve also had the opportunity to address our venue situation, and have received council support for new flooring and structures at the Townsville Entertainment and Convention Centre.” The Crocodiles will return to their former home court “The Swamp” next season, with the launch of their membership drive to begin Monday 1 June. “We’ve already had a large number of season tickets pre-committed, which has demonstrated how strong the community support is,” said Gisinger. “Now we are really pushing for local businesses to support us, and our priority during the off-season will be to sign a naming-rights sponsor.” Moving forward, the Crocodiles Board will have more involvement in the functions of the front office, while head coach Shawn Dennis will have the responsibility of getting talent on the floor. NBL Chairman Graeme Wade is pleased with the outcome. “The directors of the Club have worked conscientiously on the future direction of the Club and it was critical that they reassessed their business model to ensure their long-term stability," said Wade. "They are now moving in the right direction and we look forward to seeing the Crocs on the court in the upcoming season."
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