New owner set to take charge at troubled Roar

Amid the ongoing controversy surrounding the ownership of Brisbane Roar, reports have surfaced that The Bakrie Group is on the verge of selling the club to a Melbourne consortium.

AAP reports that Daniel Cobb, the owner of energy comparison website Electricity Watch and Clean Energy Enterprises, is heading a consortium that is set to procure the licence from the embattled Indonesian businessmen.

It has been reported that discussions have progressed to the point that the sale is now to undergo due diligence and approval from Football Federation Australia.

It was earlier revealed that Cobb is the current Managing Director and CEO of the Brisbane Roar Football Club, with the Bakries intending to pump $2 million into the football club's coffers to allow head coach John Aloisi to begin preparations for the new season. 

“I’m the managing director of the club because a party that I’m related to has agreed terms with the Bakrie Group,” Cobb told AAP.

“FFA need the club stabilised and we have secured a capital injection from the Bakrie Group during the time which the process with the FFA and the engagement with other stakeholders in relation to the sale is completed.

“We’ve signed a terms sheet that will see them exit the club and us acquire the club.

The recapitalisation from the Bakries should mean players and staff are paid on time next Wednesday, avoiding an insolvency event that would have triggered an A-League licence breach and given FFA the opportunity to take over.

Cobb has refused to reveal the identies of his business partners until the deal has been completed.