A-League clubs to share in Wanderers windfall

A-League clubs are set to share in a $10 million windfall to Football Federation Australia from the sale of Western Sydney Wanderers.

A consortium chaired by Primo Smallgoods businessman Paul Lederer is preparing to take the reins of the premiership-winning club as soon as the paperwork is finalised.

And FFA chairman Frank Lowy said the rest of the league can expect to benefit from the deal.

Describing the club as a good investment, Lowy told ABC: "The new people who are coming in are very experienced in running the club.

"I think we'll get around $10 million or so (for the sale).

"I don't dare to tell you (the expected surplus). We don't have the final result and I don't like to talk before then, but we'll be sharing some of the surplus with the clubs."

Just how much football’s governing body has sunk into the fledgling outfit, and what percentage of the surplus flowing into FFA's coffers will be divvied up, is uncertain.

But reports suggest the almost two-year-old club, which was launched with the help of $4 million in federal funding, is on track to break even this season.

The Wanderers have been one of the league’s great on-and-off-the-park success stories, picking up silverware in their first year and playing to sold-out crowds. Their rapid rise on the sporting landscape captured the interest of Lederer and fellow investors Pirtek founder Peter Duncan and businessmen Jefferson Cheng and David Slade.

Meanwhile Lowy has reiterated his compensation claim for Australia’s $43 million failed World Cup bid in light of the continuing corruption allegations plaguing Qatar 2022.

"I took full responsibility for our bid, but it was not a level playing field," Lowy said.

"I said at the time this is not the last that we will hear about the bid process and never have I spoken a truer word.

"The jury is still out as to what is going to happen.

"Whether we'll get our money back or not it's hard to say, but I certainly put the claim in."