Overview

• Judicial Registrar Robyn Curnow ordered Western United’s operating companies wound up in insolvency after rejecting an adjournment tied to a proposed $15–15.5 million cash injection.
• Western United said a stay of the winding-up order was granted late Friday pending a substantive review application, pausing liquidation in the short term.
• An eleventh-hour rescue proposal from creditor JC Capital/Johnson Controls, contingent on licence reinstatement and staged repayments, was denied by the court.
• KAM Sports withdrew its takeover bid earlier in the week after Football Australia revoked the club’s A-League licence.
• The Australian Professional Leagues said it is proceeding with fixture planning without Western United, following months of financial troubles including an ATO debt, late wage and super payments, and a FIFA registration ban.