The Bakrie Group is believed to be close to sealing a deal to sell the three time A-League champion club and FFA CEO David Gallop met with two senior executives to discuss the progress of sale and the issues surrounding the club including unpaid wages and debt.
“The Bakrie Group is under no illusion of what’s required to remedy this situation. Paying wages and superannuation arrears, clearing debts and recapitalising the business are the next urgent steps," said Gallop in a statement.
“On our part, FFA has advised the Bakrie Group that they will forfeit the any right to the A-League licence if the current situation continues. To their credit, they understand this and have told us they intend to act quickly.
“This has been a terrible time for the players, coaches and staff, and the faithful members, fans and sponsors of the Brisbane Roar. It also impacts on the efforts of all other Hyundai A-League clubs and their owners. I thank everyone for their patience. Stick with the Roar, better times are ahead.”