London Lions — Investor Profile
Women's · Super League Basketball
- Turnover
- £350,000–£600,000 estimated women’s budget (down from peak EuroCup Women spending) Estimated
- Net equity
- New statutory filings under Tesonet ownership remain pending Reported
Legal entity
London Lions Group Limited (12484391) — restructured August 2024
Owner / backer
Tesonet Global (Lithuanian tech holding company, also 25% shareholder of EuroLeague club BC Žalgiris Kaunas); acquired via an administration sale after the 777 Partners collapse
Ownership concentration
Concentrated — Tesonet control, aligned with Žalgiris Kaunas management (club president Lenz Balan).
Venue
Copper Box Arena, Queen Elizabeth Olympic Park — commercial anchor tenancy with operator GLL ("Better").
Venue risk
Tenant-dependent, the same high-rent exposure the men’s team carries.
Risk classification
“Under prior ownership (777 Partners) the club ran multi-million-pound annual deficits; Žalgiris Group issued an emergency bridge loan and secured a floating charge in July 2024 to avert a winding-up petition ahead of the Tesonet restructuring.”
Notes
The 777 Partners collapse forced an August 2024 administration sale (insolvency practitioners Hudson Weir); roster spending was reduced toward sustainability post-acquisition.
Compiled: 2026-09-14