GOLD Coast United will finish the season under the control of Football Federation Australia after Clive Palmer's application for an injunction against the termination of his A-League licence was dismissed on Friday night.
In a Supreme Court hearing in Brisbane, Justice Jean Dalton ruled against Palmer, who on Wednesday had his licence terminated for material breaches of the A-League club participation agreement.
FFA will now pay Gold Coast players for the remainder of their contracts, with the team to fly to New Zealand on Saturday for Sunday's clash against Wellington Phoenix.
However, coach Mike Mulvey, an employee of Palmer's, will not be with the team after refusing to sign an FFA deal.
Instead, Matildas mentor Tom Sermanni will guide the fortunes of the Gold Coast team for the remainder of the season.
Peter Flanagan, SC, acting on behalf of Gold Coast United, felt the termination of the licence was "a classical case of the punishment not fitting the crime".
"We say the termination is wrong," he said.
But Justice Dalton disagreed, saying comments made by Palmer about FFA and the sport were of a serious nature.
Justice Dalton was also concerned by Palmer's statement in a press release on Thursday, when he said it was his intention for his newly formed organisation Football Australia to take over the running of soccer from FFA.
Mr Flanagan wanted an injunction until next Wednesday, but Justice Dalton rejected the request and had severe doubts that FFA and Palmer could work together for the rest of the season.
She also dismissed Mr Flanagan's argument that breaches of the licence did not mean the club had breached the club participation agreement.