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Owner looks to sell A-League’s Central Coast Mariners

Owner looks to sell A-League’s Central Coast Mariners
August 4, 2020

Seven years after acquiring the A-League's Central Coast Mariners, owner Mike Charlesworth has revealed he is looking to sell the struggling club.

Having invested significant funds during a sometimes difficult time which began with an A-League championship, the UK-based telecommunication investor is now searching for a new majority investor and has not ruled out returning the club’s license back to Football Federation Australia.

After four bottom-of-the-table finishes in five years, and previous unsuccessful attempts to attract significant financial partners, Charlesworth acknowledged frustrated fans may be “happy to see a new direction - and I understand that”.

Accepting the problems faced by the Mariners, Charlesworth, who first bought into the club as a 30% shareholder a decade ago, stated “we’ve struggled in recent years through a lack of investment, now is the time someone must be found to drive it forward.”

Advising that “several factors” had conspired this year to provoke his departure, “especially COVID of course” Charlesworth noted “I’m sure next year we’ll pull through and start to build the A-League again.”

Charlesworth, who faced mounting criticism from fans over running the club on a shoestring budget, was hoping to conclude at least a partial sale before the Coronavirus hit.

Charlesworth injected $5 million cash to save the club from going under as debts mounted back in 2013, which was closely followed by the then Graham Arnold-led Mariners beat Western Sydney Wanderers 2-0 in the A-League Grand Final.

He admitting his remoteness from Australia didn’t help in his oversight of day-to-day operations in Gosford, adding “it’s extra hard for me because I’m 12,000 miles away and now I’m locked out of the country.

“Ideally, we’ll find the right investors and a local chairman who have the best interests of the club at heart.”

Charlesworth has been highly critical of aspects of governance within the game but remains “a believer” that a new independent structure can put professional football back on course and able to compete with the country’s dominant codes.

Mariners Chief Executive, Shaun Mielekamp has suggested that a change of ownership may prompt the club to move away from the NSW Central Coast.

Mielekamp said for those in the region, keeping an A-League presence at Gosford was "paramount," but conceded Charlesworth could consider offers from other regions.

However, he told reporters today “if there is a massive offer and a massive opportunity from another region that's here, I know it'll be looked at.

"Previously they've been knocked back but they're going to be looked at.

"So our task right now is to make sure that the best opportunity is right here on the Coast."

Unconfirmed reports suggest that Charlesworth is looking to secure $4 million from the sale.

Images: Mike Charlesworth (top) and the Mariners in action in 2017 (below).

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29th May 2020 -  FFA looks for A-League season restart in July

20th May 2020 - Global sports sponsorship market predicted to fall by 37% this year

13th May 2020 - FFA set lose $6 million sponsorship with major A-League sponsor Hyundai

1st May 2020 - Coronavirus has multi-billion dollar negative impact on global sport

23rd April 2020 - FFA extends postponement of the Hyundai A-League

24th March 2020 - FFA announces suspension of A-League season

19th February 2020 - Ticketek introduces contactless tickets at Central Coast Stadium

11th December 2019 - A-League newcomers release stadium development update

9th December 2019 - Fund manager takes on Co-Chairman role at Central Coast Mariners

1st July 2019 - FFA agrees to independent management for the A-League

23rd January 2018 - New video screen part of Council investment in Central Coast Stadium

10th January 2017 - Mariners reveal bold development plans for Central Coast Stadium

5th December 2016 - Council looks to sell naming rights for Central Coast Stadium

17th November 2016 - Mariners look to purchase Central Coast Stadium

29th April 2016 - Mariners Centre of Excellence a growing hub for Central Coast sport

17th November 2015 - Central Coast Mariners confirm that players asked to reveal phone records

29th September 2015 - Central Coast Mariners partnership to boost regional tourism

2nd July 2015 - Mariners commit to Central Coast Stadium

15th May 2015 - Central Coast Mariners move forward with Centre of Excellence

25th November 2014 - Mariners move forward with YMCA Swim School and Centre of Excellence

30th August 2014 - Mariners open first stage of their Centre of Excellence

17th March 2014 - Gosford City Council’s new approach to management of Central Coast Stadium


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