The Baseball Club of Orange, which has attracted hundreds of thousands of fans to its home ballpark in Brisbane since the early 1990s, is now worth more than $US50 million, a source has told ABC News.
It is the biggest acquisition in Australian sports history.
The purchase of the team was first announced in 2014 and included a $US10 million cash infusion.
“I’ve been in this business for 30 years and it’s been one of the greatest things that has ever happened to the community of Brisbane,” said Orange general manager Tony Clark.
“It’s very exciting.
It has a long way to go, but the excitement and the excitement that we are seeing is fantastic.”
Mr Clark said the purchase was the result of a long-term commitment from Mr Clark and his partners.
“The club has always been part of our family, and we are delighted to have it,” he said.
“When it was announced, it was the culmination of years of hard work by Tony and his team, and all of our partners at the time, including the NRL and the Brisbane Broncos.”
The club is a proud part of Queensland, and proud of the many people who have played for it over the years, and the great role it plays in our community.
“We’re very excited to be able to partner with our local community, the Brisbane Lions, to make this a reality.” “
There is no doubt this purchase is a major milestone in our journey to become a premier sporting organisation,” Mr Clark added.
“We’re very excited to be able to partner with our local community, the Brisbane Lions, to make this a reality.”
Mr Davis said he would continue to push for the purchase of more teams.
“For years, we have been trying to find a buyer to put our team on the map in the world of sports, and this acquisition provides that opportunity,” he told ABC Radio Brisbane.
Mr Brown, who will remain in the role of chief executive, said the club was now a $2 billion business and the acquisition was a natural extension of that. “
This is a fantastic opportunity for us to bring in new talent and make the club more competitive and successful.”
Mr Brown, who will remain in the role of chief executive, said the club was now a $2 billion business and the acquisition was a natural extension of that.
“One of the things we’ve always done, and that’s what we’re doing this year, is to expand our operations,” he added.
Mr Brown said the clubs team would continue its role as the main revenue source, but there would be a significant focus on player retention.
“You’re talking about an annual investment of $2 million, but we’re going to be working on the player retention side, too, because we know that is where the fans want to see us grow,” he explained.
“If you look at the league and how successful it has been in Brisbane, the club is the No.1 reason people come to the city.”
Mr Smith said the move was another example of a strong commitment to the development of the local sporting community.
“They have really invested in the community and they’re very proud of it, and so are we,” he continued.
“These are very local teams that have really been built up by the community.”
Mr Jones said the deal was an opportunity to “bring in more people to the sport”.
“We’ve always looked at sports as an important part of the community, and it is certainly a reflection of that,” he noted.
“But we’ve got to make sure that the local community is really part of it.””
But we’ve got to make sure that the local community is really part of it.”