And then there were eight: A-League expansion bids reach deadline day


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Wollongong Wolves hail from regional NSW and Ipswich Pride from Queensland, while the Canberra and Capital bid makes up the eight contenders.


FFA chief executive David Gallop said the process had been highly competitive and confirmed the announcement of the new licences will be made before October 31 this year.


“The level of interest in investing in our game is unprecedented and a significant vote of confidence in our sport in Australia. We have worked closely with the ten shortlisted consortiums over the past two months and have been impressed with their quality,” Gallop said.


“As part of this process, we have asked the prospective new licence holders to demonstrate how they can complement existing A-League clubs, link back into fans and the football history in their local community, help develop pathways for players, increase interest from sponsors and broadcasters, have solid financial backing and operate sustainably.”


Gallop said an expanded A-League would provide more opportunities for Australian footballers, increase the diversity of fixtures in the league, generate more revenue for clubs and drive increased attendances across the country.


Article source: https://www.watoday.com.au/business/markets-live-investors-trade-cautiously-overnight-wall-st-mixed-20180717-h12rpn.html?ref=rss&utm_medium=rss&utm_source=rss_feed

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