The Western Sydney Wanderers have today confirmed that Chairman & Part-Owner Paul Lederer has stepped down from his role as Chairman.
Lederer, the 78 year billionaire with a net worth estimated as close to $2 billion has elected to quit as club Chairman over his increasing commitments to his other business interests and for family reasons. He remains at the club as a significant shareholder and director. It is unknown at this stage who will replace him, and if that replacement will come from one of the other three owners Peter Duncan, Jefferson Cheng & David Slade, or from outside the club ownership.
His departure continues a tumultuous off-season for the Wanderers, after finishing outside the finals positions and having head coach Mark Rudan resign for his own personal reasons.
With no chairman, no head coach and a series of players departures with announced arrivals as yet one wonders how the Wanderers will manage to turn the floundering A-League Men's team around in time for kick-off for the rumoured opening round in the middle of October.
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