Minority Stakes up for Sale at A-League’s Melbourne Victory

Several Melbourne Victory shareholders are looking to offload their minority stakes in the A-League club.

The club confirmed on Thursday its board of directors had been advised by a small number of shareholders they had engaged Deloitte to sell a minority parcel of shares.

It is believed the decision was a “corporate and personal matter”.

“The board of directors consider that this represents a unique opportunity for long-term investors to acquire a holding in one of Australia’s premier football franchises, ailment ” the club said in a statement.

“Melbourne Victory is a strong, sale financially sound and stable football club that is well positioned to build on off-field success and is currently finalising its on-field plans for the 2014-15 football season.”

Deals of this kind have been common in the A-League recently as the Victory’s cross-city rivals Melbourne City were bought by a consortium led by English Premier League side Manchester City earlier this year.