Indonesian Firm Buys Full Stake in Brisbane Roar
February 06, 2012
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496102Presumably the Rothschilds are also Joint-Venture partner in this investment with the Bakrie Group.
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Brisbane, Australia. Football Federation Australia says Indonesian company Bakrie Group has assumed full ownership of reigning A-League champion Brisbane Roar.
Bakrie bought a 70-percent stake in Brisbane Roar last September, becoming the first majority foreign owner of a team in the Australian competition.
The FFA announced Monday that Bakrie “has now acquired 100 percent ownership” and is in the process of appointing a board that will include both foreign and local directors.
A-League chief Lyall Gorman describes it as a “significant step” for the domestic competition, with Brisbane Roar “becoming the first Australian professional club with owners from Asia.”
Bakrie Group also has stakes in football clubs in Belgium, Uruguay and Indonesia.
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