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“We expect to complete operational handover following the successful completion of all these aspects later this year,” says Mr Fung. “We are continuing through the standard probity processes as well as the relevant Australian Competition and Consumer Commission and Foreign Investment Review Board and all other state and federal government regulatory processes”.
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Matt Tripp has said that the formal launch of the brand will be happening mid-August. However, there was not a specific date announced. He announced on Tuesday saying the new name will resonate with their players.
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He was also charged, separately, with a charity scam that saw him selling more than 50 signed club jerseys via online auctions, the proceeds of which he kept, rather than passing on to the intended charities.
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