Creditors vote to liquidate Hawks , NBL vows to keep club alive
Creditors vote to liquidate Hawks , NBL vows to keep club alive
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The NBL says the Illawarra Hawks Foundation is determined to stay here despite the vote of creditors to liquefy the club. The franchise has recently been placed under voluntary administration for the second time in five years, at which point NBL claimed ownership of the club's license from Simon Stratford.

At the same time, import and NBA optimist Lamello Ball made a splash in the NBL with Illawarra. Imports and NBA hopeful Lamello Ball made a splash in the NBL with Illawarra.CREDIT but according to reports by Administrator Michael Jones, creditors have now voted to destroy the club's remaining assets. The outstanding salary for players and employees adds up to about $ 750,000 of the $ 2m loan, although NBL recently committed to paying players the amount they each owed.

NBL said in a statement last week, "A total of eight players began receiving their first installment of their remaining salary and superannuation entitlement last month and all payments will be paid in full."

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