Relief at Central Coast Mariners after new ownership secured

[p]Total Soccer Growth Holdings (TSG), an international ‌investment group that is the ‌majority shareholder of English club Queens ‌Park Rangers and also has a ‌stake in Los Angeles FC, has been announced as the new owners ‌of the Mariners, the club ⁠said in ‌a statement on Tuesday.[/p][p]The Mariners had been ​under the control of the Australian Professional Leagues (APL), which ​operates and manages the A-League, since January after previous owner Mike Charlesworth ⁠forfeited his ​club participation agreement (CPA).[/p][p]"[b]We are delighted to make an entry into the A-Leagues with an investment into Central Coast ‌Mariners FC. We see Australian football as a major growth area in the sport internationally, and are excited to return Central Coast Mariners to the era of valuing and nurturing young Coasties,[/b]" said Ruben Gnanalingam, majority shareholder of TSG.[/p][p]"[b]We ‌appreciate how turbulent and uncertain the ​last season has been for the ‌club and we intend to do our utmost to restore energy and enthusiasm for this special football club, both on and ⁠off the ⁠pitch.[/b]"[/p][p]The acquisition excludes ‌the women's team.[/p]