The Wellington Phoenix have been granted a 10-year A-League licence extension.
The club has an immediate extension of four years, with two more three year extensions through to the end of 2022/2023 and then 2025/26 which are dependent on several factors, particularly an imporoved broadcast rights deal from New Zealand.
“The deal gives the Club the tenure which will enable greater investment and confidence from key partners and of course gives heart to the fans that have been waiting patiently for this,” Wellington chairman Rob Morrison said.
“There is still plenty of work to be done to secure the extensions contained in the 10 year deal, particularly building crowd and viewership numbers but if we didn't believe it was possible to grow the club we would not have wanted the extension deal.
“While we acknowledge that for fans the process has been frustrating it was important to find middle ground and do a deal that was a right for both parties.
“The deal enables the WPFC to continue our plans to expand the Wellington Phoenix Academy program along with the establishment of a High Performance Unit and to invest in the on field performance of the team.”
