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Western Sydney Wanderers sold

Paul Lederer is expected to be named chairman of the Wanderers.

Paul Lederer is expected to be named chairman of the Wanderers. Photo: Peter Braig

One of the most protracted ownership handovers in Australian sport has finally been concluded with the Western Sydney Wanderers officially going into private ownership on June 30.

The new ownership consortium is headed by Primo Smallgoods boss Paul Lederer, who is expected to become the club’s chairman, Sabre Sports United director Jefferson Cheng, Pirtek founder Glenn Duncan and businessman David Slade. They will take over from Football Federation Australia, who have owned and run the club since its inception in 2012.

Lederer was 75th on the BRW Rich List in 2013 with an estimated fortune of $630 million.The sale of the A-League’s newest club has been ongoing for almost a year, with sale figures mooted between $10 million and $15 million. It is estimated the final fee is around $12 million.

The FFA asked global investment bank UBS to source a buyer for the club but FFA chairman Frank Lowy was ultimately able to sell the club to Lederer, a close family friend, with Slade also working for Lowy’s Westfield group for over 30 years. He is now a partner in the Australian branch of the UK retail outlet, Topshop-Topman.

FFA chief executive David Gallop promised the new owners would continue to strengthen the foundations frenetically built during the club’s first two years.

The Wanderers have qualified for the grand final in each of their only two seasons in the A-League.

The Wanderers have qualified for the grand final in each of their only two seasons in the A-League. Photo: Getty Images

“The Wanderers were built for the people, by the people of western Sydney. That was the promise from day one and FFA has held true to that mission,” he said. “Like FFA before it, the new consortium understands its role as the guardians of the Wanderers. They are entrusted by the members of the club to protect and build on what has been achieved.”

Lederer promised fans that “nothing will change” in how the club connected with their ever-expanding fan base.

“The spirit of this club comes from the members, fans and the people of western Sydney. Nothing will change in that regard,” he said. “I have been a director of the club for the past two years and I’ve had the privilege to play a part and see first-hand what makes this club so special.

“The consortium has responsibility to ensure the Wanderers have a sound financial base and a strong administration so the club can continue to grow and be successful on and off the field.”



Upon taking his role in 2012, outgoing executive chairman Lyall Gorman received a clause in his contract – ratified by then-FFA chief executive Ben Buckley – that allowed him to take a percentage of the final sale of the club, in addition to his salary. Gorman has reportedly been courted by AFL clubs Carlton and Brisbane Lions.

10 comments

  • A pity a community ownership model was not implemented but Paul seems as passionate as the community so onward and upward.

    Next stop, the ACL title!

    Commenter
    DLG
    Location
    Blacktown
    Date and time
    May 29, 2014, 12:05PM
    • DLG "Next stop, the ACL title!"
      Yeah, well good luck with that one, given the team transfers, and given your next opponent is Guangzhou Evergrande.

      Commenter
      DZ
      Location
      Not in Wanderland
      Date and time
      May 29, 2014, 1:04PM
    • Wow, DZ, was that comment really necessary? DLG is simply excited and hopeful about his team. Did you really need to be so negative and sour?

      Good luck to WSW and to the new owners. I enjoy going to the games and look forward to many entertaining seasons, both in the A League and the ACL.

      Commenter
      Dee
      Location
      Western Sydney
      Date and time
      May 29, 2014, 2:30PM
  • Private ownerships no good in this country.
    And all it does is create the same dominance like in the EPL. Only a handful of clubs can ever win it, same old same old.

    Commenter
    Pete
    Date and time
    May 29, 2014, 1:41PM
    • Except the A-League operates under a salary cap like all the other codes (got I hate that word) in this country.

      Commenter
      Neil
      Date and time
      May 29, 2014, 5:10PM
    • Agreed. Private ownership and sport should not mix. You may as well get an 'Apple' or 'Coca-Cola' tattoo.

      Commenter
      Nick
      Date and time
      May 29, 2014, 6:03PM
  • So the golden child that could do no wrong by the FFA has been sold. Wow!

    Commenter
    Rbomber
    Location
    Blacktown
    Date and time
    May 29, 2014, 2:49PM
    • No Sure I get your point? That was the whole plan -. FFA ran us until suitable owners could be found otherwise the whole amazing story of a team coming from nowhere to reach 2 successive grand finals and the last 8 in Asia at their first 2 seasons attempt would never have happened

      Commenter
      RBB
      Date and time
      May 29, 2014, 4:56PM
    • lmao :))

      Commenter
      larouse
      Date and time
      May 29, 2014, 5:29PM
    • Love to know if they received any special consideration re marketing, advertising etc. Obviously their overseas player allowance will be scaled back.

      Commenter
      Hoppa
      Date and time
      May 29, 2014, 5:50PM
Comments are now closed

Hyundai A - 2014-15 - All Rounds

Round 1
Fri, 10 OctTimes shown AEDT
VIC 4 vs WST 1 Report Stats
Sat, 11 OctTimes shown AEDT
CCM 1 vs NEW Report Stats
SYD 1 vs MEC 1 Report Stats
Sun, 12 OctTimes shown AEDT
WEL 1 vs PER 2 Report Stats
BRI 1 vs ADE 2 Report Stats
View All Fixtures
Round 2
Fri, 17 OctTimes shown AEDT
ADE 1 vs VIC 1 Report Stats
Sat, 18 OctTimes shown AEDT
CCM 1 vs WEL 2 Report Stats
SYD 3 vs WST 2 Report Stats
Sun, 19 OctTimes shown AEDT
MEC 1 vs NEW 1 Report Stats
PER 3 vs BRI 2 Report Stats
View All Fixtures
Round 3
Fri, 24 OctTimes shown AEDT
BRI vs SYD 2 Report Stats
Sat, 25 OctTimes shown AEDT
VIC 5 vs MEC 2 Report Stats
Sun, 26 OctTimes shown AEDT
WEL 4 vs NEW 1 Report Stats
ADE 2 vs PER Report Stats
Wed, 19 NovTimes shown AEDT
WST vs CCM 17:00Pirtek Stadium
View All Fixtures
Round 4
Fri, 31 OctTimes shown AEDT
MEC 1 vs ADE Stats
Sat, 01 NovTimes shown AEDT
PER vs NEW 17:00NIB
Sun, 02 NovTimes shown AEDT
SYD vs CCM 16:00AS
Mon, 03 NovTimes shown AEDT
VIC vs WEL 19:30AAMI
Wed, 03 DecTimes shown AEDT
WST vs BRI 19:30Pirtek Stadium
View All Fixtures
Round 5
Fri, 07 NovTimes shown AEDT
WEL vs WST 18:30WS
ADE vs SYD 20:15Coopers Stadium
Sat, 08 NovTimes shown AEDT
NEW vs VIC 17:00HUN
BRI vs MEC 20:30SS
Sun, 09 NovTimes shown AEDT
CCM vs PER 17:00Central Coast Stadium
View All Fixtures
Round 6
Fri, 14 NovTimes shown AEDT
NEW vs BRI 19:30HUN
Sat, 15 NovTimes shown AEDT
ADE vs WEL 17:00Coopers Stadium
SYD vs VIC 19:30AS
PER vs WST 21:45NIB
Sun, 16 NovTimes shown AEDT
MEC vs CCM 17:00AAMI
View All Fixtures
Round 7
Fri, 21 NovTimes shown AEDT
VIC vs BRI 19:30ES
Sat, 22 NovTimes shown AEDT
WST vs NEW 17:00Pirtek Stadium
MEC vs SYD 19:30AAMI
PER vs WEL 21:45NIB
Sun, 23 NovTimes shown AEDT
CCM vs ADE 17:00Central Coast Stadium
View All Fixtures
Round 8
Fri, 28 NovTimes shown AEDT
VIC vs ADE 19:00AAMI
Sat, 29 NovTimes shown AEDT
BRI vs PER 17:00SS
WST vs SYD 19:30Pirtek Stadium
Sun, 30 NovTimes shown AEDT
WEL vs MEC 16:00WS
NEW vs CCM 17:00HUN
View All Fixtures
Round 9
Wed, 03 DecTimes shown AEDT
BRI vs NEW 20:00SS
Tue, 09 DecTimes shown AEDT
WST vs PER 19:30TBC
Thu, 08 JanTimes shown AEDT
WEL vs SYD 17:30WS
Mon, 02 FebTimes shown AEDT
VIC vs CCM 19:30AAMI
Wed, 25 MarTimes shown AEDT
ADE vs MEC 19:30Coopers Stadium
View All Fixtures
Round 10
Thu, 04 DecTimes shown AEDT
SYD vs PER 19:30AS
Fri, 05 DecTimes shown AEDT
CCM vs VIC 19:30TBC
Sat, 06 DecTimes shown AEDT
NEW vs WEL 17:00HUN
ADE vs WST 20:00Coopers Stadium
Sun, 07 DecTimes shown AEDT
MEC vs BRI 17:00AAMI
View All Fixtures
Round 11
Fri, 12 DecTimes shown AEDT
ADE vs BRI 19:30Coopers Stadium
PER vs NEW 21:45NIB
Sat, 13 DecTimes shown AEDT
WEL vs CCM 16:00EP
WST vs MEC 17:00Pirtek Stadium
VIC vs SYD 19:30ES
View All Fixtures
Round 12
Fri, 19 DecTimes shown AEDT
BRI vs WST 20:00SS
Sat, 20 DecTimes shown AEDT
NEW vs ADE 17:00HUN
MEC vs VIC 19:30AAMI
PER vs CCM 21:45NIB
Sun, 21 DecTimes shown AEDT
SYD vs WEL 17:00AS
View All Fixtures
Round 13
Fri, 26 DecTimes shown AEDT
MEC vs PER 17:30AAMI
SYD vs ADE 19:30AS
Sat, 27 DecTimes shown AEDT
CCM vs BRI 17:00Central Coast Stadium
VIC vs NEW 19:30AAMI
Sun, 28 DecTimes shown AEDT
WEL vs WST 17:00WS
View All Fixtures
Round 14
Tue, 30 DecTimes shown AEDT
NEW vs MEC 17:00HUN
BRI vs SYD 20:00SS
Wed, 31 DecTimes shown AEDT
ADE vs WEL 19:30Coopers Stadium
Thu, 01 JanTimes shown AEDT
WST vs CCM 19:30Pirtek Stadium
Fri, 02 JanTimes shown AEDT
VIC vs PER 19:30Simonds Stadium
View All Fixtures
Round 15
Sat, 03 JanTimes shown AEDT
SYD vs NEW 19:30WIN Stadium
Sun, 04 JanTimes shown AEDT
WEL vs BRI 15:00WS
CCM vs MEC 17:00Central Coast Stadium
Mon, 05 JanTimes shown AEDT
PER vs ADE 23:00NIB
Tue, 06 JanTimes shown AEDT
WST vs VIC 19:30Pirtek Stadium
View All Fixtures
Round 16
Sat, 24 JanTimes shown AEDT
ADE vs NEW 17:00Coopers Stadium
CCM vs SYD 19:30Central Coast Stadium
Sun, 25 JanTimes shown AEDT
PER vs VIC 20:00NIB
Sun, 01 FebTimes shown AEDT
BRI vs WEL 15:00SS
MEC vs WST 17:00AAMI
View All Fixtures
Round 17
Fri, 06 FebTimes shown AEDT
NEW vs BRI 19:30HUN
Sat, 07 FebTimes shown AEDT
CCM vs ADE 17:00Central Coast Stadium
VIC vs MEC 19:30ES
PER vs SYD 21:45NIB
Sun, 08 FebTimes shown AEDT
WST vs WEL 17:00Pirtek Stadium
View All Fixtures
Round 18
Fri, 13 FebTimes shown AEDT
CCM vs BRI 19:30Central Coast Stadium
Sat, 14 FebTimes shown AEDT
WEL vs MEC 16:00Brendan Foot Kia Hutt Recreation Ground
NEW vs WST 17:00HUN
SYD vs VIC 19:30AS
Sun, 15 FebTimes shown AEDT
ADE vs PER 17:00Coopers Stadium
View All Fixtures
Round 19
Fri, 20 FebTimes shown AEDT
BRI vs VIC 20:00SS
Sat, 21 FebTimes shown AEDT
SYD vs CCM 17:00AS
ADE vs WST 20:00Coopers Stadium
Sun, 22 FebTimes shown AEDT
WEL vs NEW 16:00Brendan Foot Kia Hutt Recreation Ground
MEC vs PER 17:00AAMI
View All Fixtures
Round 20
Fri, 27 FebTimes shown AEDT
MEC vs ADE 19:30AAMI
Sat, 28 FebTimes shown AEDT
NEW vs CCM 17:00HUN
WST vs SYD 19:30Pirtek Stadium
PER vs BRI 21:45NIB
Sun, 01 MarTimes shown AEDT
VIC vs WEL 17:00AAMI
View All Fixtures
Round 21
Fri, 06 MarTimes shown AEDT
NEW vs SYD 19:30HUN
Sat, 07 MarTimes shown AEDT
WEL vs ADE 18:00Brendan Foot Kia Hutt Recreation Ground
VIC vs PER 19:30AAMI
Sun, 08 MarTimes shown AEDT
CCM vs MEC 15:00Central Coast Stadium
BRI vs WST 17:00SS
View All Fixtures
Round 22
Thu, 12 MarTimes shown AEDT
ADE vs CCM 19:30Coopers Stadium
Fri, 13 MarTimes shown AEDT
WST vs VIC 19:30Pirtek Stadium
Sat, 14 MarTimes shown AEDT
SYD vs BRI 19:30AS
PER vs WEL 21:45NIB
Sun, 15 MarTimes shown AEDT
MEC vs NEW 17:00AAMI
View All Fixtures
Round 23
Fri, 20 MarTimes shown AEDT
SYD vs MEC 19:30AS
Sat, 21 MarTimes shown AEDT
WST vs NEW 17:00Pirtek Stadium
ADE vs VIC 20:00Coopers Stadium
Sun, 22 MarTimes shown AEDT
CCM vs PER 15:00Central Coast Stadium
BRI vs WEL 17:00SS
View All Fixtures
Round 24
Fri, 27 MarTimes shown AEDT
VIC vs CCM 19:30AAMI
Sat, 28 MarTimes shown AEDT
MEC vs BRI 19:30AAMI
PER vs WST 21:45NIB
Sun, 29 MarTimes shown AEDT
WEL vs SYD 15:00WS
NEW vs ADE 17:00HUN
View All Fixtures
Round 25
Thu, 02 AprTimes shown AEDT
BRI vs CCM 21:00SS
Fri, 03 AprTimes shown AEDT
WST vs MEC 16:00Pirtek Stadium
Sat, 04 AprTimes shown AEDT
SYD vs ADE 19:30AS
Sun, 05 AprTimes shown AEST
WEL vs VIC 16:00WS
Mon, 06 AprTimes shown AEST
NEW vs PER 16:00HUN
View All Fixtures
Round 26
Fri, 10 AprTimes shown AEST
VIC vs NEW 19:30AAMI
PER vs SYD 21:45NIB
Sat, 11 AprTimes shown AEST
ADE vs BRI 17:00Coopers Stadium
CCM vs WST 19:30Central Coast Stadium
Sun, 12 AprTimes shown AEST
MEC vs WEL 17:00AAMI
View All Fixtures
Round 27
Fri, 17 AprTimes shown AEST
WEL vs CCM 17:30WS
NEW vs SYD 19:45HUN
Sat, 18 AprTimes shown AEST
WST vs ADE 17:00Pirtek Stadium
BRI vs VIC 19:30SS
Sun, 19 AprTimes shown AEST
PER vs MEC 17:00NIB
View All Fixtures
Hyundai A - 2014-15 - Ladder
Overall standings
Team P W D L +/- Pts
Melbourne Victory FC 3 2 1 0 6 7
Sydney FC 3 2 1 0 3 7
Adelaide United FC 3 2 1 0 3 7
Wellington Phoenix FC 3 2 0 1 3 6
Perth Glory FC 3 2 0 1 0 6
Central Coast Mariners FC 2 1 0 1 0 3
Melbourne City FC 3 0 2 1 -3 2
Newcastle Jets FC 3 0 1 2 -4 1
View all
 
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