Indonesia's Bakrie Group acquire A-League champions Brisbane Roar outright

The Queenslanders become the first A-League club to be fully owned by Asian investors and the competition's head has called it a 'significant step'

By Ben Somerford

A-League - Brisbane Roar - Besart Berisha
Getty
Indonesian investors the Bakrie Group has completed their move to acquire 100 per cent ownership of Australian club Brisbane Roar.

Bakrie Group, who previously purchased a 70 per cent share of the club last September, fully acquired the A-League champions on Monday and announced the deal alongside Football Federation Australia on the same day.

The Indonesian group also owns Belgian club CS Vise and Super League outfit Pelita Jaya and has a global football vision for its assets.

Aga Bakrie said: “The Bakrie Group sees huge potential in the Hyundai A-League as one of Asia’s top professional club competitions and naturally we want the Brisbane Roar to be in the forefront of this development.

“We are delighted to invest in a club with an excellent group of players, a great coach and support staff and passionate supporters. Our aim is to develop the Roar into Australia’s biggest club and carry that success across Asia.

“On behalf of the Bakrie Group I thank the FFA for working diligently towards finalising this transaction. Praise goes to the players, coaches and staff for their professionalism while this transfer took place and, of course, to the fans for their loyalty and commitment to the club.”

A-League head Lyall Gorman said the deal was great news for the club and the competition as Brisbane become the first team to have full ownership from Asia.

"This is a significant step for the Hyundai A-League with the Brisbane Roar becoming the first Australian professional club with owners from Asia,” Gorman said.

“We can foresee many exciting opportunities ahead for the Roar and Australian football under this relationship with the Bakrie Group, which has extensive investments in football in Asia, Europe, South America and now Australia.

“Best of all the Bakrie Group is full of passionate football people, who will bring an injection of new ideas and insights to our national competition.”

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