JCU Townsville Fire captain Suzy Batkovic has expressed her concerns for the playing group of the SEQ Stars after the Logan-based franchise entered liquidation yesterday.
Chairman of SEQ Basketball Pty Ltd Jarrod Sierocki confirmed on Wednesday night that Deloitte had been appointed liquidators and the team would cease operations immediately.
While Basketball Australia is working feverishly to ensure the Stars see out the 2015/16 season, unless a financial backer can be found before the commencement of Friday night’s scheduled game against Adelaide, they will have played their final game in the Wattle Valley WNBL less than 12 months after being granted a licence.
“It’s extremely sad for the players,” Batkovic said.
“It’s only three weeks out from play-offs and I think they sit equal fourth at the moment, so it’s pretty devastating for the players to be out of a job, out of a salary and they’re all passionate to play.”
Having won five of their past six matches, the Stars were one of the championship contenders, with Australian representatives Rachel Jarry and Rebecca Allen hitting top form following the Rio Test Event.
According to Sierocki, however, the demise of the Stars was due to a number of factors.
“Unfortunately a lack of attendance, community following and sponsorship revenue has severely impacted on the club and the losses simply can’t be sustained,” Sierocki said in a statement.
“It is with great regret that it has come to this.”
The collapse of the Stars leaves the Fire once again as the only WNBL club in Queensland, with the reigning champions performing extremely well on and off the court.
The Fire remains ranked number one for membership and attendances in the WNBL during 2015/16, while commercial revenue is at record-breaking levels.