Quote:
Yet even as concerns mount in the wake of layoffs, the APL claims it is not obliged to publicly report its financials because it operates under a trust structure.
Despite the PFA?s concerns over some APL decisions, Gill said she was ?encouraged? by the APL announcing a new owner for Perth Glory on Friday, Ross Pelligra.
The deal for the club, for a reported $1, does not include any unit holdings in the league?s trust.
I don't think that last paragraph has a typo in it. Interesting deal if true.