A cloud of uncertainty is set to be lifted off Brisbane Roar, with Indonesian conglomerate the Bakrie Group agreeing to sell later this month, reports say.
On Thursday it was confirmed by former chairman Chris Fong that the club would be sold, with a new buyer to take control in order to “restore stability”.
“Mr (Nirwan) Bakrie has agreed to sell Brisbane Roar in an agreement that will see creditors paid and stability restored,” said former chairman Chris Fong to The World Game. “A price has been agreed with a third party and we expect this process to be completed this month. I can’t say anything about the sale, as it is all very tied up in confidentially agreements.
“We have been working very closely with the FFA whom has been very understanding.
“Over $9 million has been injected into Brisbane Roar over the past four seasons, and it is more than disappointing it has come to this. I am absolutely gutted.”
The three-time A-League champions were last month slammed by Football Federation Australia for their failure to pay players and staff on time with a leaked email detailing the Bakrie Group’s concern about the club’s “very serious financial liabilities.”
The Bakries have been struggling with a reported $9 billion debt bill from their various business interests around the world.
0 comments:
Post a Comment