GWS Giants CEO Dave Matthews says private ownership is “worth contemplating in the current circumstances” with Americans interested in investing in the expansion club.
The Giants have backing from a coterie group called M7, which include a group of about 25 American-based investors who support the Giants without seeking publicity.
Matthews said the coronavirus crisis had made all ideas feasible. He conceded private ownership was a complicated model but said that didn’t mean ruling out some variation of what happens in America – where private ownership is common.
“When you are setting up a club like ours and you are nine years in and you are thinking ‘how do you continue to make sure you are underpinned and you are secure, it’s worth having discussions along those lines,” Matthews told SEN radio.