The future of Australia’s top-ranked professional soccer team is under a cloud with creditors attempting to wind up two companies that underpin Melbourne’s Western United A-League club.
Western United’s surge to second on the A-League ladder has been achieved despite the fact the football club has been losing money, with its financial future hinging on a long-delayed property development project about 25 kilometres west of Melbourne at Tarneit.
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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
