Hancock Prospecting withdraws Partnership
Netball Australia regretfully announces that Hancock Prospecting has withdrawn its long-term partnership with the sport. NA Chair Wendy Archer AM said that while the decision was disappointing for the sport, Netball Australia understands Hancock Prospecting’s decision.
“We are grateful that Hancock Prospecting continued to stand by our sport throughout the recent turbulence and we regret the impact this has had on the company,” Mrs Archer said.
“This has been a challenging period for all involved and while every effort has been made from all parties to resolve the issues surrounding the sensitivities of the partnership, unfortunately, we have not been able to achieve a mutually satisfactory outcome.”
Mrs Archer said Hancock Prospecting has generously agreed to provide four-month funding to support the organization in the immediate short-term. She thanked Hancock Prospecting for this interim support while Netball Australia reassessed its funding options.
Netball Australia CEO Kelly Ryan said: “Hancock Prospecting’s investment recognized the value and contribution of our national team and their role as the world’s number one netball team. We acknowledge the difficulties and impact of recent discussions and are disappointed to see them withdraw the partnership. This is a loss for our whole sport, from grassroots to the elite program. Sadly, this is evident today with the decision to also withdraw financial support for Netball WA and the West Coast Fever.”
“Netball Australia is a strong, resilient organization and we will continue working around the clock to secure the future of the sport and explore all opportunities that are available.”