Clive Palmer has failed in his bid to maintain control of Gold Coast United after an application for a Supreme Court injunction was refused on Friday night.
Justice Jean Dalton denied Palmer an interim injunction until a full hearing on Wednesday.
She said disparaging comments made by the billionaire mining magnate about the FFA over the past fortnight showed both parties could no longer co-operate.
Football Federation Australia terminated Palmer's licence on Wednesday.
It will now take over the operation of the club for the remaining four rounds of the A-League season.
The ABC reports FFA wasted no time in confirming that United would take the field on Sunday against the Phoenix in Wellington, New Zealand.
Matilda's coach Tom Sermanni has been appointed to lead the team.
Gold Coast players were set to sign new contracts with the FFA on Friday night to ensure they can travel to New Zealand in time