A NEW ERA: LONDON LIONS BASKETBALL CLUB

We are thrilled to announce a significant new chapter in the history of the London Lions Basketball Club. The club has been acquired by Tesonet, a tech hub and a shareholder of Zalgiris Kaunas - a prestigious organisation with a storied history in the Euroleague.

Zalgiris Kaunas will share their invaluable experience to our team, setting us on a path to achieve greater success in the basketball world.

The new ownership group is dedicated to introducing operational sustainability practices to secure the long-term health and success of the club. Recognising the club’s previous financial challenges, their investment is poised to stabilise and strengthen our financial position, ensuring we continue to be a competitive force in the league.

“This is an exciting moment for the Club. It is the start of a new journey that will enable the Club, its players, fans and all basketball stakeholders to benefit.”

Lenz C Balan, the President of the London Lions said

“We approach the new season not only with financial security but more importantly, with the ability to launch a series of new sustainability practices which will enhance our performance in the league and beyond in the global basketball arena”.

As part of this new chapter, player budgets will be aligned with the newly established salary cap, ensuring a fair and competitive environment for all athletes involved. This strategic financial planning is designed to foster a sustainable and thriving team culture.

Under the leadership of the new General Manager, Iason Tranos, and Head Coach, Petar Bozic, the club is actively working to build an exciting and competitive roster. Fans can expect more updates on player signings and team developments in the near future.

“We have a late start but we are proud to have built a basketball culture and a burgeoning fan base that means players want to come to the organisation.

The support from Tesonet and Zalgiris Group only adds to the attractiveness of playing for London. The commitment from the new owners signifies a bright future for the club, as they aim to attract top talent and foster a winning environment”

said Tranos, the new General Manager of London Lions.

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The team will play their home games at the Copper Box Arena. Additionally, the organisation is looking forward to hosting a few games at different venues in London, further expanding their reach and accessibility to fans.

As for the Women’s team, we’re delighted to announce Ruchae Walton has been promoted to General Manager and we are working diligently to put together another exciting roster to compete for the upcoming season.

Season tickets for the upcoming season are valid and general admission tickets will go on sale as soon as the fixture list is finalised. Fans are encouraged to stay tuned for announcements regarding ticket availability, as the club looks forward to welcoming supporters back to the arena.

We are excited about this transformative journey and are confident that with the help of Zalgiris Kaunas, the London Lions will not only achieve great sports milestones but also become a model of sustainability and operational excellence in the basketball community.

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