
NEWCASTLE JETS OWNER MARTIN LEE TERMINATED
Key Points Martin Lee has been stripped of his A-League and W-League license for failing to pay debts.The A-league will issue A new licence to an entity owned and controlled by a consortium of existing APL club investors. The termination is based on the entity’s failure to pay its debts as and when they were due, which placed it in material breach of the Club Participation Agreement.A new licence will be issued to an entity owned and controlled by a consortium of existing APL club investors, who will operate the licence on an interim basis until a new investor is secured. The...
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