Sheffield Sharks — 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: £900k–£1.3m
Operating result: Break-even to minor deficits of £50k–£150k, absorbed by directors
Net equity: Not disclosed (small company exemption)

Legal entity

Sharks Basketball Premiership Ltd + Park Community Arena Ltd

Owner / backer

Vaughn Millette (US investor, interim SLB Chair) and Yuri Zoubarev; Sarah Backovic as Managing Director

Ownership concentration

Held by Millette/Zoubarev, with operating control via Backovic.

Venue

Canon Medical Arena, Sheffield Olympic Legacy Park (opened Sept 2023) — £14m capital via joint venture between Canon Medical Systems, Park Community Arena Ltd, and Sheffield City Council. Avg. attendance 1,200–1,600.

Venue risk

Anchor tenant in a purpose-built facility; does not bear the full underlying capital debt, which is shared with Canon Medical.

Risk classification

“Defensible operating model due to the shared facility capital burden.”

Notes

12–18 full-time staff; estimated playing budget £250k–£350k.

Compiled: 2026-09-14