Liberty A-League side Canberra United have welcomed additional investment from the ACT Government.
The ACT Government will make a one-off contribution of $200,000 along with their annual subsidy of $250,000 for the 2024-25 season.
Canberra finished second from bottom this season with 24 points – nine points outside of the top six.
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“Capital Football and Canberra United welcome the announcement from the ACT Government of an additional one-off contribution of $200,000, in association with their annual subsidy of $250,000, to help towards securing the future of the club for Season 17,” said Capital Football CEO Samantha Farrow in a statement on Thursday.
“We thank the football community for supporting Canberra United through the ‘Save Canberra United’ fundraising campaign, and that, coupled with this generous contribution from the Government, certainly helps the club in our immediate requirements, but we still have some shortfall to cover costs for the new season.
“Having said that, the Directors of the Capital Football Board have agreed to field a team in Season 17, and we look forward to working with Government, fans, and commercial, to give the club every opportunity going forward.”
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