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Gungahlin United FC Announce Insolvency, Surprising Club Families
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Gungahlin United FC Announce Insolvency, Surprising Club Families
Gungahlin United Football Club has this week announced its insolvency due to poor financial management and governance control by members of the previous administration. The NPL football club reportedly owes ACT Government and numerous creditors approximately $550,000 in total, exceeding the estimated $200,000 from the club’s previous financial forecast submitted to Capital Football. In a club statement posted on Facebook on the 18th of October, …
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