A-League news

New owners for Wellington

September 23, 2011
By Adrian Warren
Football Federation Australia have approved a change of ownership for the A-League's Wellington Phoenix, after debt-stricken property tycoon Terry Serepisos relinquished the licence.

Serepisos, who reportedly has debts of more than $NZ200 million ($AU158 million) handed the Phoenix back to the FFA.

They have given the licence to a new ownership consortium of Wellington-based businessmen headed by investment banker Rob Morrison. Their arrival will be a relief to the FFA who could ...

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