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Vale confident in Heat ownership deal
ABL Chief Executive is confident the Perth Heat will have new owners by the end of the month
05/08/2018 11:08 PM ET
ABL CEO Cam Vale says the Perth Heat are close to announcing a new owner for 2018/19
ABL CEO Cam Vale says the Perth Heat are close to announcing a new owner for 2018/19 (Rohan Thomson)

Australian Baseball League Chief Executive Cam Vale says he is "quietly confident" the Alcohol.Think Again Perth Heat will be under new ownership by the end of the month.

Speaking to Perth Heat officials this week, Vale confirmed he is weighing offers from three bidders before he makes his final decision by May 28.

"We have three strong groups that are interested in the Heat, and I do remain confident one of these parties will be secured so the Perth Heat can continue to grow and be successful," he said.

"The next three weeks are absolutely critical to securing a license holder for the Perth Heat."

Vale says he has key traits he is looking for in an owner.

"What we're looking for is probably three key things; stability of the ownership group, how they are going to grow the game and how they are going to expand the ABL," Vale said.

The news comes following an announcement from the ABL that all six teams will adopt new ownership structures in 2018/19, having previously been run by Major League Baseball (2010-2016) and Baseball Australia (2017-2018).

"For teams to grow, they need to be in the hands of people that can make them commercially successful because that is critical for our strategy and critical to grow the sport," Vale said.

To date, just two teams have had their licences secured; the Sydney Blue Sox and Canberra Cavalry.

The Blue Sox will go forward under the new ownership of businessman Adam Dobb, while the Cavalry will be run as a 'community club' by General Manager Dan Amodio and Chief Executive Donn McMichael.

Vale says he will have Perth's interest in mind when choosing an owner.

"With the Perth Heat, the intention is to find the right independent ownership that will grow the game of baseball in Perth, but also have a plan that will give Perth a chance to be successful both on and off the field," Vale said.

Although the negotiations have taken longer than originally planned, Vale says he is confident the right group will take over.

"It's taken some time. We have three really strong interest groups that any of them could do a really good job," he said.

The ownership transfers are just one of many changes for the 2018/19 ABL Season, with two new teams set to be added as the league branches out into Asia.

"We see huge growth, particularly into Asia," Vale said.

"We have potential to reach into an enormous market in Japan, Korea, Taiwan."

This story was not subject to the approval of the Australian Baseball League or its clubs.