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NEWS ARTICLE
Thursday June 15, 2006 Football :: Perth Glory


New Direction to Secure Success of Perth Glory


A-League Club - Perth Glory Football Federation Australia (FFA) today announced a path forward for Perth Glory, designed to underpin success – on and off the field – in the second season of the Hyundai A-League.

FFA Head of Operations, Matt Carroll, unveiled the plan this afternoon in Perth. It includes the creation of a Steering Committee to be set-up to oversee the operation of Perth Glory and the recruitment key senior management.

A high caliber Chief Executive Officer, Commercial Operations Manager, Football Operations Manager, Media & Communications manager and a new Head Coach for Perth Glory will be sought immediately. The steering committee will comprise the new CEO, the Head Coach, a representative from Football West and Carroll himself.

The FFA agreed on April 30 to release the Glory’s initial owners prematurely from their five year Participation Agreement. FFA then immediately received expressions of interest from four parties, indicating their strong desire to take ownership of the Perth license. Throughout the course of May, the interested parties were extensively assessed based on:

  • Commercial viability
  • Ability to own & operate a professional sports organization
  • The apparent fit with the overarching A-league strategy
  • The apparent fit with the Perth and Western Australian culture and supporter base

During this time, FFA personnel have reviewed all elements of the Perth Glory operation, to ensure that preparations continue to be progressed appropriately for Season II.

Two of the four parties progressed to formal applications. Late last month the Singapore based World Sport Group (WSG) withdrew their application citing issues with other aspects of their business.

Discussions with the other applicant, a Perth-based consortium, Centerfield Investment, continue.

At present, the conditions of assessment have not been fully satisfied by the Centerfield Investment bid and therefore discussions are ongoing in regard to a new owner of Perth Glory.

“While we had hoped to conclude the process of finding a new owner for Perth Glory by now, the FFA believes it is more important to install the right owner than to get it done quickly. Since the Pre-Season competition and the Hyundai A-League season are rapidly approaching, the FFA has taken the decision to continue managing Perth Glory until such time that a suitable owner is found,” said FFA Head of Operations Matt Carroll.

“This decision means that the FFA will proceed quickly to appoint people in key management positions to allow Perth Glory adequate time to prepare the players and club for the upcoming A-League season.

“The FFA will ensure Perth Glory remains a viable and competitive club – with a strong affinity with the Perth Football (Soccer) community and the Western Australian Community at large – that will be of interest to potential investors in the future," concluded Carroll.

Today’s announcement on the future direction of Perth Glory also has the full support of Football West.

“Football West is pleased to see the FFA take a lead role in the management of the Glory until an appropriate long term owner is found," said Football West Chief Executive Officer Michelle Phillips.

“We also applaud the FFA decision for Football West to be a part of the Steering Committee, which will provide a much needed voice of the grass-roots membership in the management of Perth Glory," concluded Phillips.



 
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