Central Coast Mariners have today confirmed that talks are underway with potential new investors in the A-League club, as the club struggles with “short-term cash flow difficulties”.
Chairman Peter Turnball said in a press release that the club needed to “replenish capital”, with ongoing talks with investors remaining Commercial in Confidence.
“We are renowned as the community club of the Hyundai A-League due to our engagement with the people of the Central Coast,” said Turnbull.
“I want to assure our members and our fans that the foundation principles that underpin our club are non-negotiable. Those very strengths are what have attracted the potential new investors.
“To continue the growth of the Mariners we need to replenish our capital and that’s what the talks aim to achieve.
“The Central Coast community is rightly proud of what the Mariners have built and this process is about making our house sustainable for the long-term.”
Turnbull said the club was on a “firm footing”.
“Our players and staff understand the situation and remain supportive of the club’s management
“We are working with the FFA and have a sound business model in place. Our long-term vision for a diversified business includes the Centre of Excellence, the first stage of which sees the Soccer5s complex having its first open day next Wednesday.
“Central Coast Mariners are in a good position. We are currently sitting second on A-League ladder and are about to enter our second stint in the AFC Champions League.
“I have no doubt Central Coast Mariners will go from strength to strength and with the investment of new capital we will only become a stronger force in Australian football,” Turnbull concluded.
Are you the ultimate team manager? Pick your own superstar team and go head to head with other football fans for glory and cash prizes on Draftstars. Imagine what you could be buying instead. Set a deposit limit.
Joe Lolley was outstanding for the Sky Blues, scoring a brace as Sydney FC equaled their biggest ever victory.
Here is the way the Roar expert panel sees all the action unfolding across the final weekend of play prior to the semi-finals.
Central Coast Mariners' star striker Angel Torres has been stood down from playing in the A-League Men after he was charged with sexual assault. …
Mathew Leckie played a pivotal part in Melbourne City claiming an 8-nil win; playing a role in several of his team's goals.
The Mariners must deal with possibly their toughest challenge yet - Kyrgyzstan’s FK Abdysh-Ata Kant in the first leg of the semifinal.
The loser of the Sydney Derby will be under immense pressure entering the final three matches of the season.
