The latest development in the A-Leagues Auckland expansion license has seen a preferred bidder identified for the expansion licence in the Auckland market for both an A-League Men and Women’s team.
It was revealed by the Herald late last month that Bill Foley, general partner global multi club football operator Black Knight Football Club, which owns English Premier League (EPL) club AFC Bournemouth, had entered the race to take the expansion license for the 2024-25 season.
A high-powered local consortium had initially emerged as the frontrunners, following six months of negotiations for the $20 - $27 million license fee.
A-League management have subsequently announced that Foley and Black Knight have been identified as the ‘preferred bidder’ - approval for the license is subject to completion of the processes by the Australian Professional Leagues and regulatory processes by Football Australia.
Once approved by Football Australia, it will work with its regional governing body, the Asian Football Confederation, and partners Oceania Football Confederation, New Zealand Football for endorsement.