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A-League Canberra Franchise Sale Deadline Approaching In Next Two Weeks

Canberra A-League franchise sale discussions ongoing.

The A-League commissioner has revealed that talks are ongoing regarding the sale of a licence for a Canberra franchise, with a decision expected within the next two to three weeks. The league had announced Canberra and Auckland as expansion destinations in March 2023, aiming to award the licences by June. While Auckland's preferred bidder was confirmed in October, the Canberra licence remains unclaimed.

The consortium interested in the Canberra franchise comprises individuals from the football and investment sectors, with ties to a European club. Despite progress in negotiations, certain details still need to be finalized before the licence can be awarded. Various bodies, including the Foreign Investment Review Board and Football Australia, are also involved in the process.

The APL chair mentioned that discussions are at an advanced stage, but certain aspects require clarification before a decision can be made. The urgency stems from the upcoming 2024-25 season, where certainty over the Canberra franchise is crucial.

Meanwhile, the Canberra United A-League Women team, currently owned by Capital Football, faces uncertainty as their licence is expected to transition to the new franchise. With no buyer in sight, players are left in limbo regarding their future. The league officials assured that players will be informed once there is clarity on the situation.

The financial aspect is also a concern, as the A-League is no longer in a position to financially support clubs. Should the Canberra franchise not materialize, Capital Football would need to fund Canberra United for the upcoming season. A similar situation exists at Newcastle Jets, where funding from rival A-League owners may be required to sustain operations if the licence remains unsold.

The APL clarified that the sale of Newcastle Jets is a private process led by the club owners, distinct from other franchise transactions. The league officials emphasized the need for timely decisions to ensure the stability and continuity of the clubs involved.

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