Perth Glory owner Tony Sage has decided against selling the A-League club to controversial bitcoin company London Football Exchange.
Sage had planned to sell 80% of the club to LFE but he advised Football Federation Australia on Monday night that the deal would not proceed.
The news will come as a huge relief to Glory fans who had expressed fears about LFE and the group's business model.
LFE is reportedly being sued in London and New York over various business matters. The company has big dreams...