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Gold Coast United are reportedly set to collapse after just one season in a huge blow for the A-League.

A Fairfax report claims Gold Coast's billionaire owner Clive Palmer sent written confirmation to the A-League this week that he was pulling out all funding for the club.

The news comes a week after Football Federation Australia was forced to step in and help bankroll the cash-strapped North Queensland Fury – another new team struggling financially.

But unlike the Fury, the Gold Coast franchise has no financial backing from local businesses, making it unlikely the FFA will act to save the club.

Instead, the incoming Melbourne Heart could effectively replace the Gold Coast as the league's 10th team.

Palmer had initially wanted to make the Gold Coast the competition's glamour club, bringing in several star players including Socceroo Jason Culina.

But he became unpopular with the club's fans after closing three sides of the team's Skilled Park home ground in an effort to reduce crowd numbers and cut costs.

Crowds remained the lowest in the A-League, at an average of 5692 per match, as the Gold Coast finished the competition in third place

traore will become an even cheaper buy now!

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might be a bit of a false alarm , the fat cnut (no not conmans) clive palmer is now saying it aint true, all will be revealed soon,

hope its good news AS RUGBY aint as good as football,

the gold coast titans get 30,000 on good days

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