In another blow to basketball in south-east Queensland, the Logan Thunder have been withdrawn from the WNBL.

Australia’s female basketball competition won’t have a team based between Sydney and Townsville next season after the Logan Thunder franchise folded.

Basketball Australia (BA) confirmed in a statement on Monday that the club, which had experienced financial difficulties at the start of last season, will be absent when the 2014-15 WNBL competition tips off later this year.

It’s another big blow to basketball in south-east Queensland, with the men’s equivalent – the NBL – without a team in the region following the failures of the Brisbane Bullets and Gold Coast Blaze in recent years.

Like the NBL, the WNBL is now likely to move on as an eight-team competition.

“The committee working on the proposal for a new WNBL team in south-east Queensland, to take over the WNBL licence of Logan Thunder, have decided to withdraw their application,” the BA statement read.

“The committee had been set clear benchmarks for financials and sponsorship to proceed with acquiring the licence.

“Unfortunately the committee was not able to reach these benchmarks and were forced to withdraw their application.

“BA will continue discussions with Basketball Queensland and interested people to ensure south-east Queensland’s absence from the WNBL is only temporary.”

Based just south of Brisbane, the Logan Thunder finished this season second-last with seven wins from 24 matches.