The purpose of the company is to promote and develop the sport of basketball and to ensure the sporting, administrative and financial management of the activities of the entire basketball movement. It aims to promote young talent in the field of basketball through personal advice and support, sports training, representation and placement of young athletes, as well as through the provision of related services such as planning, organization and implementation of sports events of all kinds. Furthermore, it aims to contribute to the development of basketball teams at a high level. The company aims to operate one or more sports teams and all related activities. The company can participate in other companies in Switzerland and abroad, establish branches and subsidiaries, and conduct all business that is directly or indirectly related to this purpose or otherwise suitable to promote the development of the company and its purpose. The company can take out and grant loans, make financings for its own or third-party account, and enter into guarantees and sureties for subsidiaries and third parties, acquire, manage and exploit intellectual property rights. In addition, it can acquire, encumber, sell and manage real estate in Switzerland and abroad.