Friday, October 7, 2011

Indonesian company has taken a 70-percent stake in the A-League Brisbane

BRISBANE, Australia (AP)—An Indonesian company has taken a 70-percent stake in the A-League defending champions Brisbane Roar, the first majority foreign ownership of...
a team in the Australian competition. Football Federation Australian said Friday that Bakrie Group, which also has stakes in football clubs in Belgium, Uruguay and its home base in Indonesia, has taken the stake under a 10-year license. FFA, which took the Roar’s license back in March 2011, will retain 30 percent. FIFA ethics committee member Dali Tahir will be chairman of the club.Pelita Jaya Cronus also has stakes in Pelita Jaya in the Indonesian Super League, Cercle Sportif Vise of the Belgian Second Division and Indonesia Futbol S.A.D in the Uruguay under-17 and under-19 top division.

“They have a strong background in football through ownership of several other clubs and their interests are in line with our outlook for the Roar.” Aga Bakrie, president of Pelita Jaya Cronus, said his company’s commitment to the Roar “is for the long term.” “(It’s) an opportunity to not only support the growth of football in Brisbane, but to also strengthen ties between Australia and Indonesia,” Bakrie said. “We have a strong track record of investing in football and we will support the club as it seeks to grow.”

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