If there's any truth to what Domey said yesterday about the finances, the Phoenix are going to have to get away from the huge fees at Sky Stadium very quickly.
As for the stadium there just isnt a quick fix for that in Wellington at moment unless some generous benefactor can be found.
Welnix can always invite more investors onto the Board. MLS clubs seem to have dozens of individual backers.
They tried to get more investors a few years back, dont remember if it was successful or not.
Auckland are also doing it.
You have Foley plus Mowbray/Williams. But then also minority owners Noah Hickey, Tim Brown, Winston Reid and Steve Adams. Also Foley's mate fellow American rich lister Bennett Rosenthal (part owner of MLS club Los Angeles Football Club (LAFC)), has a stake now in Auckland FC.
Rosenthal is part of the investment group looking to transform Western Springs into AFC's new home.