Statement from Cape Town Tigers (Pty) Ltd Founder Regarding Failed Sale
It is with great disappointment that we announce the unsuccessful attempt to sell Cape Town Tigers (Pty) Ltd and its Delaware, USA based holding company Severus, LLC. We understand that this news may be disappointing to our fans, partners, and the entire Basketball Africa League (BAL) community.
We want to assure our fans that our commitment to building a winning team and providing a first-class experience at Cape Town Tigers remains steadfast. We appreciate the efforts of the potential buyers who expressed interest in our company, and we are grateful to the NBA Africa and the BAL league office for their support throughout the process.
We remain focused on continuing to build a competitive and successful team on and off the court. Our goal is to bring a championship to our fans and the city we represent, and we are confident in our ability to achieve that goal with the continued support of our fans and partners.
We want to thank our fans for their loyalty and passion for Cape Town Tigers. We are committed to providing them with an exciting and enjoyable experience, both on and off the court, and we look forward to the upcoming games in Cairo, Egypt with great anticipation. Thank you for your continued support of Cape Town Tigers.
Sincerely, Lari Kangas, Cape Town Tigers, Owner
Cape Town Tigers (Pty) Ltd
32 Kloof Street, Cape Town
Reg. No. 2013/115125/07