It has been reported that an English-based consortium is behind South Australia's bid for a second A-League and W-League club.
The Advertiser has reported that the investors have a $100 million budget and want to remain anonymous at this stage in the bid.
Chairman of the new SA bid Andy Haralampopoulos has said West Adelaide will be the partner club to the new consortium.
The budget for the proposed is said to be modelled on what top-end clubs are spending in the A-League and W-League at the moment and will be based at West Adelaide’s new home at Kilburn.
The former Labor state government handed the club $4.5 million in funding towards the sports complex and will house a 5000-capacity stadium and two synthetic pitches.
West Adelaide is also the home of Adelaide United youngsters Emily Hodgson and Sarah Willacy.
It was announced on Thursday last week that 15 clubs had put in an Expression of Interest to join the A-League with an expansion from 10 to 12 teams in the competition in 2019/20.
However, out of these 15 clubs only five have officially announced their intentions to support a W-League team if they join the A-League while one bid is set to make an announcement once they receive approval from FFA as per the EOI process.