Football Federation Australia (FFA) today confirmed that the potential sale of a majority shareholding of Perth Glory FC (PGFC) to the London Football Exchange (LFE) will not be pursued by the owner Tony Sage.
On Thursday 13 February, Tony advised FFA that he had received unsolicited interest from a potential buyer being the London Football Exchange and would be travelling to London to work with his lawyers to organise a due diligence process. At no time did Tony Sage request FFA to review any application for sale.
Last night, Tony officially advised the FFA Head of Leagues, Greg O'Rourke, that, following a due diligence process, the transaction will not be pursued.
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