In a statement released by Football Federation Australia, Lowy praised the veteran media identity's passion and influence as well as honouring their close friendship.
Lowy reflected on their similar origins as well as their commitment to the growing football in Australia.
"In Les I have lost a dear friend. My heart goes out to his family and loved ones," he said
Les and I spoke the same language – literally. He was born in Budapest; I was born in a small village nearby.
"We both arrived in Australia in the 1950s.
"We both brought with us a love of football. Football was our common cause.
"He was one of its most loyal sons and never lost faith in the beautiful game, or its potential in this country.
"As such he was an invaluable ally and adviser to me, and a tireless promoter of the game.
"His infectious love of life made him such fun to be around, and I will miss him."
