Huge offer ... Melbourne Heart coach John Aloisi with CEO Scott Munn. Source: George Salpigtidis / News Limited
South Melbourne FC has confirmed an offer of more than $3.5 million to buy Melbourne Heart A-League club, and raised the prospect of Brazilian ex-international Emerson as coach.
South Melbourne responded via its Facebook account to reports that they had approached Heart with the offer, only to be rejected.
The statement read in full: "Following yesterday's (Wednesday) media reports … and statements made by the CEO of the Melbourne Heart (Scott Munn) South Melbourne FC wishes to confirm the following:
• South Melbourne FC that it made an offer to acquire 100% of the Melbourne Heart Licence.
• The offer was in excess of 3.5 million
• The offer was made after several discussions between Heart & SMFC Directors.
• South Melbourne FC has received an expression of interest from Emerson (Brazilian Legend) to coach and has already secured Major Sponsors for its A-League ambitions."
Munn said on Wednesday that Heart's owners had no intention of selling.
South Melbourne, which currently competes in the Victorian Premier League – and was also in recent discussions with cash-strapped Central Coast Mariners – reportedly offered a combination of cash and shares and included relocation to Lakeside Stadium, a facility it currently shares with Athletics Victoria.
Munn confirmed the offer and revealed that two offers from overseas investors had also been received in recent months but the club's owners weren't interested in selling a controlling stake.
While Heart's crowds have stagnated, the club will turn a small profit this season and Munn said this made the model enticing to potential investors.
"We've made it very clear we have no interest in taking their offer any further," Munn said.
"We've been approached this year a couple of times, from the Middle East and a European consortium.
"Those conversations were quite open and transparent but we made it very clear that there were some non-negotiables and one of them is that the founding owners always want to retain control.
"We'd love to invest more in areas such as marketing, advertising and most importantly the footy department.
"We can sustain a club, we can post a small profit and that puts us in an enviable position for investors, knowing they won't have to reach into their pocket each year."
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