Lebanon rush team5/21/2023 ![]() ![]() ![]() The 2023 Basketball World Cup starts next August and will be hosted by Japan, Indonesia and the Philippines. Ira Gluskin, co-founder of Gluskin Sheff and CIO of Irager + Associates, joins BNN Bloomberg to discuss his history with Gluskin Sheff, and the companys sale to Onex and subsequent wind down. The team will be called the Lebanon Leprechauns, and begin play in the 2022 TBL season. The ownership group purchasing the team is led by Preston Myers, a local entrepreneur from Lebanon. Mikati congratulated the team again and said he would continue to do so despite criticism from his detractors. Evelyn Magley, CEO of The Basketball League, announced a new market was awarded to Lebanon, IN. When billionaire tycoon and Lebanese Prime Minister-designate Najib Mikati congratulated the national team on a win over China in July, captain Wael Arakji responded that the victory had little to do with support from politicians. Lebanon's crisis, which has left eight out of 10 people poor, is widely blamed on corruption and mismanagement by the ruling elite and has been described by the World Bank as "deliberate". I doubt politicians will learn from this because it's always them first and the country second, but we're going to keep doing our thing," he said. But we created an example that we can come together for one goal, putting the team first. "We didn't have any support and barely had money in our pockets when we travelled. It's a small light at the end of the tunnel," former Lebanese national team coach Joe Mouajes told Reuters. "This is great for the country's image because we're in a miserable situation here in Lebanon. ![]()
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