Football Federation Australia (FFA) has confirmed that after discussions with Terry Serepisos this week, he has relinquished ownership of the licence to participate in the Australian A-League and passed the torch on to the newly-formed Welnix Limited to continue the development of the franchise.
All parties agree that in the interest of football as a whole, it is imperative that the club has stability, certainty, and a solid financial platform that allows the club to grow, prosper and compete in the A-League.
NZF Chief Executive Grant McKavanagh is happy that New Zealand will continue to have a presence in the Australian competition and has offered the organisation’s support to the new owners.
“NZF is confident that under new ownership the franchise will continue to nurture and develop All Whites and provide a pathway to professional football for aspiring Kiwis,” McKavanagh says.
“Discussions will continue with both the FFA and the new owners in regards to the support NZF can offer.”
Chairman Frank van Hattum offers sincere gratitude for the contribution of Terry Serepisos to the football landscape in the country.
“NZF would like to thank Mr. Serepisos for his leadership of the Wellington Phoenix,” he says.
“The effort, resources, commitment and passion he has invested into the club has been a major contributor to the growth of football in New Zealand over the past four years. We will forever be indebted to him and he has a well deserved place in the history of football in New Zealand.
“He will always be considered a close friend of NZF.”
Story courtesy of New Zealand Football.
For more on New Zealand football go to www.nzfootball.co.nz

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