The Financial Review reports that the financial future of the Western United group has become more clouded in the past week, when wind-up applications were filed to the Australian Securities and Investments Commission for both the entity that runs the professional soccer team, WMG Football Club, and the related party that is planning the property development, WMG Holdings Co. .
According to CreditorWatch, WMG Holdings has had a $50,000 bill outstanding to civil engineering company Lanco Group since September 2022 and Lanco filed a notice of default earlier this month. Commercial cleaning company Gravitas Commercial has been owed $5098 by WMG Football since September and filed a notice of default in February.
