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Polenz and Roar terminate contract
Brisbane Roar have released a statement asserting that all contracted Hyundai A-League players, coaches and staff have been paid.
The statement begins:
'All Hyundai A-League players, coaches and administration staff of the club have been paid.
'In addition, superannuation payments for all players, coaches and administration staff are up to date.'
Roar Managing Director Daniel Cobb met with officials from the Football Federation Australia to discuss the situation at the club, where the Indonesian based owners of the club, the Bakrie Group have been trying to sell the club since 2015.
A statement from Cobb was also included in the release.
“I have briefed the FFA [Football Federation Australia] and PFA [Professional Footballers Australia] to assure them that player, coach and administration staff wages and superannuation are up to date.” Mr. Cobb said.
He also reflected on the lack of payment from the Bakrie group, who had ensured that a $1.1 million dollar injection would be given to keep the club afloat.
“Today’s meeting with FFA was brought about by a default from the Bakrie Group on the recapitalisation of the club.
“I agreed to come in as Managing Director in order to stabilise the club on the condition that a 1.1 million dollar injection in to the club was provided on July 1st 2016.
“As of today in regards to that payment, only $405,000 has been provided. This has a significant impact on the club moving forward and in particular our move to Ballymore.”
“Discussions are now taking place with the The Bakrie Group about how this situation will be rectified. I will keep all stakeholders including the FFA and PFA informed over the coming days.”