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http://www.news.com.au/couriermail/story/0,20797,26715656-5003412,00.html?from=public_rss
BRISBANE Roar directors are in negotiations with a mystery Arab billionaire who is eyeing up to 90 per cent of shares in the embattled A-League club.
Roar owners Emmanuel Drivas, Emmanuel Kokoris and Serge and Claude Baradel are keen to ease their own financial bleeding by offloading the majority of their shares to a business consortium backed by the Dubai-based Sheik.
The Roar have suffered million-dollar losses, with Football Federation Australia having been forced to step in and prop up the ailing club.
Under the ownership change, Drivas and Kokoris (The Coffee Club), and the Baradels (Luxury Paints), would retain at least 10 per cent of shares in the Roar as part of a compromise to ensure they remain as club sponsors.
BRISBANE Roar directors are in negotiations with a mystery Arab billionaire who is eyeing up to 90 per cent of shares in the embattled A-League club.
Roar owners Emmanuel Drivas, Emmanuel Kokoris and Serge and Claude Baradel are keen to ease their own financial bleeding by offloading the majority of their shares to a business consortium backed by the Dubai-based Sheik.
The Roar have suffered million-dollar losses, with Football Federation Australia having been forced to step in and prop up the ailing club.
Under the ownership change, Drivas and Kokoris (The Coffee Club), and the Baradels (Luxury Paints), would retain at least 10 per cent of shares in the Roar as part of a compromise to ensure they remain as club sponsors.