London's sporting landscape is set for a dramatic transformation with plans advancing for a major new 15,000-seat arena designed to become the capital's premier basketball venue.
A New Home for the London Lions
A crucial feasibility study, backed by London Mayor Sadiq Khan, has recommended the construction of the arena alongside a community site with a capacity of 3,500. The study was conducted by the London Lions in partnership with The Sports Consultancy and Trivandi.
This proposed multi-purpose stadium is envisioned to host up to 40 basketball matches per season for the London Lions, who currently play at the Copper Box arena, a legacy venue from the London 2012 Olympics. Furthermore, the arena is planned to stage hundreds of other cultural events annually.
Overcoming Challenges with a Clear Vision
The project moves forward following a period of uncertainty for the club. The London Lions faced difficulties under former owners 777 Partners, but were rescued by Lithuanian entrepreneur Tomas Okmanas, the head of the company that operates NordVPN.
Okmanas revealed the significant financial commitment behind the vision, stating, "it's almost €8m each year over the past two seasons, with the same planned for the ones ahead. And this is only the beginning of our shared vision for the club and for the future of basketball in London."
Mayor Sadiq Khan expressed his strong support for the ambitious plan, highlighting its potential to create opportunities for young people, attract new fans, and provide a substantial boost to London's economy.
Integrating into London's Evolving Sporting Scene
While the club has yet to secure the land for the development, the project promises to complement a wave of sporting infrastructure upgrades across the capital. This expansion includes renovations at Lord's Cricket Ground, potential stadium extensions at Chelsea and Arsenal, and major development plans for the Wimbledon Championships.
Lenz Balan, now head of the London Lions, commented on the milestone: "This is a significant moment for the London Lions and British basketball. We've always known we need a true home for the game in London... This study shows it's not only possible, but that the impact on the city would be substantial."
The project must still navigate challenges, including the availability of suitable land, a concern highlighted by recent debates over other major London venues like the proposed MSG Sphere.