Investment 3 min read

Sunshine Coast Lightning Enters New Era with Global Sports Management Ownership

image

Sunshine Coast Lightning will transition to new ownership from 1 October 2025, with Global Sports Management (GSM) confirmed as the club’s new licence holder.

Founded in 2016 through a partnership with the University of the Sunshine Coast, the Lightning quickly rose to prominence, securing back-to-back Suncorp Super Netball Premierships in 2017 and 2018, and reaching the finals in six of their nine seasons. The club has built a deep connection with the Sunshine Coast community, becoming one of the most recognised women’s sporting teams in the country.

Outgoing licence holder Melbourne Storm Group described the decision as a strategic shift to concentrate resources on rugby league expansion in both the men’s and women’s games.

Praising the members, fans, and partners for their role in establishing a highly respected and commercially successful program, Storm Group CEO, Justin Rodski, said: “There is a genuine passion for Lightning across the Sunshine Coast region.”

“We are incredibly proud of what has been achieved both on and off the court, and we are confident the club will continue to thrive under local leadership,” Rodski said.

Sharing how the acquisition reflects their commitment to women’s sport and community-first values, GSM co-owners, Justin Pascoe and Lee Hagipantelis, added:
“Local ownership matters—it ensures decisions are made with the Sunshine Coast at heart,” Hagipantelis said.

“We’re committed to building deeper connections with fans and partners, expanding pathways for local talent, and ensuring the Lightning remains a source of pride for the region,” he added.

Pascoe, on the other hand, expressed: “This is more than an investment—it’s a chance to contribute to a community I’ve been connected to my entire life. We want to honour the strong foundations laid by the Storm Group while driving the next phase of growth.”

Netball Australia CEO, Stacey West, welcomed GSM’s involvement, describing the Lightning as “a valuable asset” with “a strong foundation and new momentum.” She thanked Melbourne Storm for nearly a decade of partnership and praised GSM’s proven track record of revitalising professional sports franchises, including their recent acquisitions of the Ottawa BlackJacks (Canada) and Newcastle Jets (A-League).

With the backing of GSM, the Sunshine Coast Lightning are poised to strengthen their legacy in netball while embracing a new era of local ownership and global expertise.

Don’t miss out on the latest in sports business – Subscribe today to the free Ministry of Sport newsletter and stay ahead of the game. For even more exclusive insights, event tickets, professional development and networking events, become a MoS Member today!.

Similar Stories

logo
image
Investment 3 min read

Aussie Broadband Opens Applications for Second Year of $100,000 Community Cricket Tech Fund with Cricket Australia

ASX-listed telecommunications company Aussie Broadband has officially opened grant applications for the second...

image
Investment 3 min read

Netball New Zealand Collapses Private League Deal with Investors Anna Mowbray and Ali Williams

Netball New Zealand (NNZ) has officially terminated negotiations to privatise its domestic elite...

image
Investment 3 min read

NRL Secures $115M Novotel Sydney International Airport Hotel

The National Rugby League (NRL) has entered the final stages of acquiring the...

View all

It's free to join the team!

Join the most engaged community in the Sports Business World.

Get all the latest news, insights, data, education and event updates.