Investing in Sport - DSTV Basketball Premier League

From Timbuktu Chronicles Wed Oct 1 2014, 10:21:00

A step towards building a more viable sports industry.Ventures Africa reports:

...For one of the leading teams in the DSTV Basketball Premier League, Lagos Islanders, fortunes have taken another upward turn as the team have reportedly secured a new team of investors led by Nigerian music star Olanrewaju Fasasi- popularly known as Sound Sultan. The musician is joined by former Islanders Ugo Udezue and Tajudeen Adeyemi who are said to also have equity in the club.

Team owner, Akinseku Damoye, has hinted that the new collaboration has been in the works for months as the Lagos Islanders undergo a full brand repackaging.

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