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SBD Global/January 31, 2013/Franchises
A-League Mariners In Talks With Potential Asia Owners, Chair Denies "Fire Sale"
Published January 31, 2013
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SOUND REASONING: In Sydney, Ray Gatt noted if the deal goes through, the Mariners will join Sydney FC and Brisbane Roar "as being either partly or fully owned by overseas interests." Turnbull rejected suggestions that it was a "fire sale." He denied that it was a "desperate attempt to save the club from financial disaster." Turnbull said, "I won't dignify that by making a comment. This is an exciting situation for the club. It shows that we are doing something right. Will it help the club's bottom line? Of course." He added, "But I want to remind people that while we may have debt, we are brick-and-mortar rich. There aren't too many A-League clubs which can boast what we have" (THE AUSTRALIAN, 1/31).