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Federal Court Orders Western United Wound Up in Insolvency

A court ruling ends the club’s last-ditch rescue bid after weeks of financial turmoil and regulatory setbacks.

Overview

  • Judicial Registrar Robyn Curnow ordered Western United Football Club, WMG Holdings and three other Jason Sourasis–controlled entities to be wound up.
  • The club’s request to adjourn proceedings based on a proposed $15 million lifeline was rejected.
  • Western’s lawyer said JC Capital had pledged a cash injection contingent on A-League reinstatement and extended repayment timelines, conditions that were not met.
  • Football Australia revoked the club’s A-League licence earlier this month following financial issues including a tax bill, concerns over unpaid wages and superannuation, and a FIFA registration ban.
  • The proposed takeover by US-based KAM collapsed, with the group withdrawing its bid after the licence revocation.