New Owners For The Glasgow Rocks!
Caledonia Basketball Holdings Ltd, fully owned by Steve and Alison Timoney, have purchased 100% of the shares in Rocks Basketball Ltd the company which owns and runs the Glasgow Rocks, the only professional basketball franchise competing in the British Basketball League.
Steve Timoney provided a statement:
"We are delighted to be the new owners of Glasgow Rocks. The club is in very good shape with Duncan’s stewardship through difficult times. We have been clear in our commitment to build a purpose-built, leading-edge arena that will provide a platform for this club and our WBBL club, Caledonia Gladiators, to compete at the top level, and for basketball in Scotland to build on what is already a very strong and loyal fan base."
"Those plans are coming together. When completed, we believe Glasgow Rocks will thrive in an environment where we will see basketball of the highest standard, in a modern arena with the kind of technology and facilities that fans want to experience. The support of the fans has been an essential ingredient in the success of Glasgow Rocks and we are keen to build on this very strong relationship as we progress in our ambition to inspire communities to become involved in a world-leading sport. Importantly, we look forward to an exciting season ahead at Emirates Stadium."