I woke up this morning to a number of posts on Facebook from some excited Wollongong Hawks fans. Here's why (click on the title below to read the full story):
Indian magnate Arun Jagatramka saves the Wollongong Hawks - Local News - News - General - Illawarra Mercury
By Tim Keeble
The Wollongong Hawks are back from the brink after miraculously securing a million-dollar bank guarantee with moments to spare.
As the seconds wound down towards a 3pm deadline yesterday, Indian businessman Arun Jagatramka answered the Hawks' SOS call for a white knight to rescue the club from oblivion.
The Illawarra mining magnate agreed to provide the all-important guarantee, leaving the NewNBL virtually no option but to include the Hawks in next season's restructured competition.
Yesterday's stunning turn of events came just 24 hours after the six-week Save the Hawks campaign had seemingly failed.
Save the Hawks spearhead Mat Campbell could barely believe the good news himself.
'There's a lot of relief there, but it's more excitement, because this is the last thing we needed to shore up our bid and it gives (the NewNBL) no excuses now to kick us out,' Campbell said.
Tuesday, March 31, 2009
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