29 Nov 2011

FFA will no longer bail out failing A-league clubs

6:27 am on 29 November 2011

Struggling A-league football clubs have been told they'll no longer be bailed out by Football Federation Australia.

The FFA's newly re-elected chairman Frank Lowy has revealed a loss for the 2010/11 financial year of $1.3 million, having spent $4.8 million on struggling clubs including Adelaide, Brisbane, Newcastle and North Queensland.

Central Coast Mariners are the latest to grapple with a cash crisis, but the FFA boss expects them to manage their own way out of debt.

Lowy's hopeful of some cash inflow from a new television deal expected in six months.