TOPIC:

news is breaking that Tony Sage has given back the A-League licence & the team were placed into administration immediately

He's given up a fortune in money so I do feel for the bloke even though I don't follow soccer

possible that there won't be a side from WA

Apparently Perth Glory placed into receivership today. And Sage immediately ceased his control.
It's been said the advisory company Korda Mentha is to take control of the clubs operations until the licence is handed to new owners. The last I heard, Sage was in talks with a European entity some months ago.
The sale might take another couple of months before everything is settled.
I think the next A-league season starts in October?, and still 3 - 4 months to get organised.

Been losing money for decades, very hard to see it ever being a financial viable prospect, Sage as a pain in the arse as he is had kept the whole thing afloat for years, with very few people willing to blow those sort of funds on a financial black hole.

The licence is now revoked as a condition is to stay out of receivership and will revert to the league to try and find another buyer or in this case loser as its a financial dud and the crowds have stayed away for quite a long time now. A league is really struggling for relevance with very little media coverage and smaller crowds.

the problem is, is that its a shit sport played by princesses. 

Mcbob wrote:

the problem is, is that its a shit sport played by princesses. 

Plenty of people interested mate, main issue local stuff is poor quality and most like me prefer to watch EPL.

Could be back to the future with original Perth Glory owner and barbecue chook king Nick Tana showing interest. Apparently has been busy kicking a few goals of his own since and has become WA’s biggest horticulturist through the Sumich Group. Got plenty of coin. He’s looking for other local stakeholders to join him and spread the load the report says.

thewest.com.au/sport/perth-glory/former-...ling-club-c-11372871

Nick Tana was the one that sold it back to the A league or rather handed it back when he got sick of it.

The whole things been a financial dud for decades.

DD wrote:

Could be back to the future with original Perth Glory owner and barbecue chook king Nick Tana showing interest. Apparently has been busy kicking a few goals of his own since and has become WA’s biggest horticulturist through the Sumich Group. Got plenty of coin. He’s looking for other local stakeholders to join him and spread the load the report says.

thewest.com.au/sport/perth-glory/former-...ling-club-c-11372871
 

                 Does sound like the european buyer must have jumped off the ship?
Looking at the website, the statement dated 3 days ago where it says,

A resolution has been reached for the transition of Perth Glory Football Club’s licence to new owners.end quote wrote: The article continues with some blah blah blah and then says

An exciting new chapter has begun and we look forward to rewarding our incredibly loyal Members, fans and sponsors for their unwavering and passionate support of their club.end quote wrote: Apparently moving back to Perth Oval sometime this year after the redevelopment.