The ownership of the Central Coast Mariners has shifted dramatically as long-time chairman Mike Charlesworth has stepped down, paving the way for potential new investors. The Australian Professional Leagues (APL) announced on October 30, 2023, that it is taking over the management of the Mariners, with plans to secure a new owner by the end of the current season. This move comes after Charlesworth forfeited the club’s participation agreement to compete in the A-Leagues.
The APL described its takeover as a “proactive step” aimed at ensuring the club’s future and maintaining its competitive integrity. Newly appointed APL chief executive Steve Rosich spent the day at the club’s Tuggerah base, meeting with players, staff, and officials to reassure them that this transition will not impact their on-field performance.
“The APL Board is resolute in its commitment to fans and stakeholders to protect the game’s best interests,” said Stephen Conroy, APL chair. “As custodians of the game, we believe it is the best course of action to terminate the current participation agreement under the current ownership and run an expedited sale process.”
Despite the upheaval, there is optimism about the Mariners’ future. The club has a vibrant fan base and a history of competitive success, having secured all three of its A-League championships under Charlesworth’s leadership, including an unprecedented treble in the 2024-25 season.
The search for a new owner has already attracted interest from various quarters. Former Sydney Olympic chairman Damon Hanlin was in negotiations with Charlesworth for a potential takeover but those discussions have reportedly collapsed. Sources indicate that the APL will now pursue a broader sale process, with both local and international investors expressing interest.
In a notable twist, Queens Park Rangers (QPR), an English Championship club, had previously engaged in negotiations to acquire the Mariners during the off-season. Although an agreement was nearly reached, it fell through, leading QPR to withdraw its interest. Now, the APL aims to revive those discussions, alongside interest from two other European clubs and a local consortium.
The latest changes come in a challenging period for the Mariners, who have faced financial strain under Charlesworth’s ownership. This has resulted in significant cutbacks, including the departure of treble-winning coach Mark Jackson and several star players. The club has not posted on social media since late October, raising concerns among fans about its operational stability.
The A-League has also seen recent turbulence, with former champions Western United being placed in “hibernation” mode in September. Fortunately, they have avoided liquidation and settled a tax debt with the Australian Taxation Office, with all court proceedings against them recently dismissed.
As the Mariners navigate this pivotal moment, stakeholders remain hopeful for a resolution that will restore stability and foster growth for one of Australia’s historic soccer clubs.
