Australian Professional Leagues (APL) have today issued the following statement regarding the ownership and future of Perth Glory FC:
A resolution has been reached for the transition of Perth Glory Football Club’s licence to new owners.
The Australian Professional Leagues has appointed advisory firm KordaMentha to manage the receivership process for Perth Glory Football Club.
As part of this process, KordaMentha will ensure that the ongoing obligations of the club are met.
Perth Glory’s operations will continue as usual as the club continues its preparation for the 2023-24 seasons.
The process is expected to conclude within the next ten weeks.
Current owner and Chairman Tony Sage will cease in his ownership of the Club immediately.
Tony took full ownership of the Club in 2008, during which time the Men’s team won the 2019 Premiership, competed in two Grand Finals and two FFA Cup finals, while the Women’s team won the 2014 Premiership and competed in three Grand Finals.
During his tenure, the club also played an important role in talent development, with fifteen Perth Glory players playing in the national teams system in the past 12 months.
Australian Professional Leagues CEO Danny Townsend said:
“Perth Glory have faced incredibly difficult circumstances over the last five years and we are pleased to close off this period of uncertainty for players, staff, members and fans as they continue their preparations for next season.
“Here we have a process which allows for the club’s operations to continue ‘business-as-usual’, whilst the technical adjustments are made to the club’s ownership structure.
“Under this league structure, the continuity of our clubs is now guaranteed by the league.”
KordaMentha’s Andrew Knight said “an orderly sale process for Perth Glory Football Club would commence immediately.
“While this process is being undertaken, the Receivers and Managers will continue to operate the club in a ‘business as usual’ manner.”
Glory CEO, Anthony Radich, meanwhile, added:
“On behalf of everyone associated with Perth Glory, I wish to acknowledge and thank Tony Sage and his family for the enormous contribution that they have made to the club over the years.
“As we now transition into a new era, I would like to reassure our Members, fans, corporate sponsors and all other stakeholders that this news is very much a positive development.
“Working collaboratively with Australian Professional Leagues (APL) will ensure continuity and the establishment of an ownership structure which enables Perth Glory to fulfil its enormous potential and re-establish its position as a powerhouse of Australian football.
“Importantly, it will also allow us to continue building upon all of the structural reform and hard work that has been undertaken in very difficult circumstances over the last 12 months as we have endeavoured to rebuild the core foundations of the club.
“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.
“We look forward to having them play a proactive and key role on this new journey towards creating a greater Glory.
“I also want to personally thank and acknowledge the Perth Glory staff and players for their incredible strength, resilience, hard work and unwavering commitment in what has been a very challenging and difficult time for everyone involved.”
#ONEGlory
