Cheshire Phoenix — Investor Profile

Men's · Super League Basketball

Not an audit. Compiled from AI-assisted deep research into UK professional basketball financial/ownership structures (source doc dated 2025, regulatory status as of October 2025). Not an independent audit — verify before relying on any figure here.

Turnover: £450k–£650k
Operating result: Nominal surplus / break-even
Net equity: Under £100k — minimal physical assets due to the CIC asset lock structure

Legal entity

Cheshire Phoenix Basketball Club CIC (Community Interest Company, statutory asset lock)

Owner / backer

No private equity — community-owned

Ownership concentration

Distributed across the board (Mike Burton, James Westgarth and others); no dominant shareholder.

Venue

Cheshire Oaks Arena, Ellesmere Port Sports Village, leased from Cheshire West & Chester Council via Brio Leisure. Capacity 1,400, frequently at capacity; avg. attendance 1,100–1,350.

Venue risk

Third-party lease — rental-dependent.

Risk classification

“Low-cost, debt-free community model. It lacks capital to challenge larger European franchises, but the structure protects it from commercial insolvency.”

Notes

Funded entirely by ticket sales, local sponsorship, and fundraising. Staff 4–6 FT; playing budget £180k–£260k.

Compiled: 2026-09-14