New ownership official

The new local ownership group of the Southern Hoiho and Otago Nuggets have officially taken ownership of the playing licences for both teams.

"We are excited about the future — not just for the teams’ success on the court, but also for their impact within the community," the group said in a statement on social media.

"We look forward to building on the proud tradition already established.

"We would also like to acknowledge the support from the city and a significant number of Dunedin and Otago businesses, whose backing has been instrumental." — Allied Media