QRU, Roar reach settlementPosted: August 18, 2015
Late this afternoon the ongoing legal action between the Queensland Rugby Union (QRU) and the Brisbane Roar was settled, with a QRU spokesperson claiming the matter was ‘resolved’.
Last month the QRU launched legal action demanding the courts declare the Roar insolvent should they not receive in excess of 60,000 in unpaid rent costs, however todays news means that tomorrows proceedings will not take place.
Todays news, in addition to the fact that the players are gradually receiving their payments this week should ensure that the FFA won’t be forced to step in and take back the license, added to the fact that the Indonesian group are reportedly close to sealing a deal to sell the club.
The QRU matter may now be behind the Roar, but there are still numerous creditors still owed money by the Roar.
With this matter now behind them, hopefully the Bakrie Group are able to execute a quick sale of the club, allowing John Aloisi and the rest of the staff time to bring in some much needed stability and reinforcements prior to the new season starting in October.