Brisbane Roar in reported financial crisis; CEO steps down

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Beijing Guoan v Brisbane - Asian Champions League

Roar CEO Shaun Dobson has announced his departure from the former champions, leaving behind him rumours of financial crisis surrounding the club.

Dobson, who has been with the club since 2011, resigned with immediate effect, the club announced late on Tuesday.

Documents leaked to Brisbane’s Courier Mail revealed the club, who were knocked out in the A-League Preliminary Finals to Adelaide United, will announce loss of AU$2.25 million this financial year, ending June 30.

The documents also reveal several cost-cutting measures the club will undertake to reduce its expenditure, including coaching and player salaries across all of its teams.

Chairman Chris Fong, who will take over the day-to-day operations until a new CEO is appointed, dismissed these claims earlier in the week when asked by AAP. “We are certainly not slashing costs to the detriment of the club,” Fong said. “If we are reducing overheads, we are doing things in a smarter way or different way.

“That has always been the view, striving towards sustainability and a club that can stand on its own, and that’s a healthy business.”

have struggled to maintain signs of stability throughout the 2014/15 A-League season, unceremoniously sacking last season’s title-winning coach Mike Mulvey with claims of the “Roar Philosophy” not being upheld, before interim coach Fransiscus Thijssen was recently announced to not be receiving a new contract.

The club’s AFC Champions League home matches were this year held at Gold Coast’s Robina Park to concerns it had made the move solely for monetary reasons. As a result, the three matches attracted an average of less than 6,000 per game.

Brisbane Roar will face Spanish side Villareal and England’s Liverpool FC in the following months, where it will act as the “away” side for the European visitors.

Football Federation has yet to confirm whether it has been in talks with Brisbane Roar over its financial situation.