Dear all members,
We are writing to inform you of the following direction Futsal Oz has been forced to take. As a result of the Coronavirus Pandemic, Futsal Oz has been closed without any activity in trade since the 18th of March 2020.
The Indoor sports sector has been significantly affected by the pandemic including our brand Futsal Oz. The good will has been directly damaged and the future investment through licensing and franchising under these current Government restrictions moving forward are unclear.
Whilst the stadiums are not trading, the business continues to incur significant expense in the leasing of the stadiums, outgoings and overheads associated with the business. Under the current environment of no trade these costs are unsustainable.
With no plan and no vision for businesses in Melbourne, it has become impossible to forecast and operate. Unfortunately drastic measures must be taken to preserve and protect the integrity and intellectual property generated over the fifteen years of our existence. Negotiations between our landlords during this time of emergency have not provided us with a feasible way to move ahead. These are unprecedented times, in order to survive long term, we must take swift and decisive action now.
As a result, Futsal Oz will wind down its operations and close down the Thomastown, Brunswick and Mt Evelyn stadiums. We would like to take this moment to thank all the beautiful people that have shared the space and have spread the joy, the love and the happiness over this amazing chapter. We have impacted lives in positive ways and we look forward to making a bigger impact in the future.
We did our best