The Manchester basketball franchise has been revitalised with its acquisition by the US-based Sherwood Family Investment Office.
Under new management, the team looks to compete fiercely in the newly formed Super League Basketball, marking a promising era for the sport in the city.
The Manchester basketball franchise has been acquired by the US-based Sherwood Family Investment Office. Spearheaded by private equity experts Ned Sherwood and Ben Pierson, the group is set to manage both men’s and women’s teams in the upcoming Super League Basketball. This acquisition marks a significant turning point for the franchise, which will redesign itself as it moves away from the British Basketball League.
The Sherwood Family Investment Office, led by Ned Sherwood and Ben Pierson, aims to foster a sustainable and high-performing franchise. They bring expertise in building high-quality businesses, with a focus on long-term success. Ned Sherwood expressed his enthusiasm, noting the palpable energy in the league and setting ambitions high for the Manchester team to compete at elite levels once again.
Such reformation is crucial, as it promises increased competition and opportunity for local talent, with Manchester positioned as a central figure in this developmental phase.
With community engagement and partnerships, including educational institutions, the franchise hopes to build strong foundations for future success.
With ambition to compete for trophies, there is a focus on bringing Manchester back to its glory days in sports.
The Manchester club aims to deliver not just promises but concrete actions, ensuring stability and sustained success.
It embodies a commitment to revitalize and empower local talent, setting a strong precedent for future endeavours.
The Manchester franchise acquisition heralds a new chapter of potential success.
With strong leadership and commitment, it is set to elevate the city’s basketball profile significantly.