TOPIC:

The deal has fallen over.
I wonder if the FFA put pressure on Sage not to sell after the bad reports surfaced of the crypto company?
Going to be interesting to hear Glory's media statement.

Yep just like I thought, all fallen over.

6pr did a good job.

According to the latest, Sage is on track to sell his majority stake. The European buyer is very interested and talks are continuing. It's been said most of Sage's share will be acquired by the interested party at the end of the current season.
Sage to stay in a limited capacity. Be interesting to watch this over the next few months.

They need something to change because they just can't compete with the big eastern states clubs in Sydney and Melbourne. Another heart breaking loss on the weekend. I watched the mini match last night after knowing the result.

After a brilliant long range goal from Adam Tagget in the 95th minute with 7 minutes of extra time I thought how the hell do they lose this? Surely all 11 players just crowd the goal keeper but no they had holes everywhere in their defence and some 17 year old Nigerian blasts one past the keeper and it goes in off the far post. FMD

So Ruben Zadkovic has quit which really surprises me, I thought he was building something with a promising young squad. Glory are at the crossroads. Sage desperately wants out and Central Coast Mariners who have regularly been our whipping boys have just won the championship with a resounding 6-1 result over the dominant Melbourne City who won the Premiers Plate.

That puts the spotlight back in Glory but I do have sympathy for Sage and the team who have been shafted by Covid and the state government not allowing them to play at HBF Park for most of the season.

Where to from here?

With the news today Sage has quit control of Perth Glory, apparently an advisory company is to take over the management. it has been said the licence to handed to the owners in approx 10 weeks.

westaussieguy wrote:

With the news today Sage has quit control of Perth Glory, apparently an advisory company is to take over the management. it has been said the licence to handed to the owners in approx 10 weeks.

Mate he was losing about a million a year on them, and with playing at Macedinia Park with just 3000 would of been a huge hit.

Bazza wrote:

westaussieguy wrote:

With the news today Sage has quit control of Perth Glory, apparently an advisory company is to take over the management. it has been said the licence to handed to the owners in approx 10 weeks.

Mate he was losing about a million a year on them, and with playing at Macedinia Park with just 3000 would of been a huge hit.

And the rest, he lost up to 5 million a year during Covid. Worst reported he’s poured in 50 mill since he took over 17 years ago. That’s on average nearly 3 mill a year.

DD it would be up there for sure, and very limited media interest and coverage now.

It's been reported Glory's receivers have had 12 expressions of interest in the club. And now are working on a sale before the 23/ 24 season gets underway in the third week of October.