Tony Sage
Encyclopedia
Antony William Paul Sage, better known as Tony Sage (born 26 June 1960), is a Western Australia
n businessman. Starting in funds management and accounting, he financed and managed various mining companies in Australia and overseas, and is a prominent player in the state's resources industry. He is also the sole owner and chairman of Perth's A-League
soccer team, Perth Glory, and has business interests in fashion and entertainment.
, England
, on 26 June 1960, Tony spent his early childhood regularly travelling between England and his mother's hometown of Salerno
in Italy
. His family moved to Australia
in 1967 and spent short stints living in Adelaide
, Melbourne
and Sydney
before heading to New Zealand
in 1975. A few years later in 1978, Tony returned to Australia to attend Churchlands College (now part of Edith Cowan University
) in Perth
where he graduated with a Bachelor of Business (Accounting and Finance) in 1980. He later became a Fellow of the Association of Certified Practising Accountants, a Chartered Accountant, and a Fellow of the Taxation Institute of Australia. He has three children Jessica, Emily and Matthew.
Sage acted as funds manager for property trust group Growth Equities Mutual Limited in Western Australia
. From the mid-1990s onward, he financed and managed a range of listed mining and exploration companies including Cape Lambert Resources, African Petroleum, Cauldron Energy, Gabriel Resources, International Petroleum, International Goldfields, Fe Limited, Chameleon Mining and African Iron.
In 2008, Sage sold the Cape Lambert iron ore project in the Pilbara region of Western Australia for A$400 million to Chinese firm, China Metallurgical Group Corporation
. The project had been purchased two years earlier for approximately A$20 million and during the 24 months that followed, Cape Lambert Iron Ore Ltd spent approximately A$50 million on exploration activities.
He was a founder of radio network Red FM
, which was later sold to WA Newspapers Limited for a considerable profit, and is also a former owner of the West Perth nightclub, Onyx Bar, which opened in 2005. In June 2008, Sage purchased a 49 per cent stake in the Perth Fashion Festival.
In 2007, Sage became one of a triumvirate of owners of the A-League
soccer team Perth Glory. He became the outright owner in February 2009.
Western Australia
Western Australia is a state of Australia, occupying the entire western third of the Australian continent. It is bounded by the Indian Ocean to the north and west, the Great Australian Bight and Indian Ocean to the south, the Northern Territory to the north-east and South Australia to the south-east...
n businessman. Starting in funds management and accounting, he financed and managed various mining companies in Australia and overseas, and is a prominent player in the state's resources industry. He is also the sole owner and chairman of Perth's A-League
A-League
The A-League is the top Australasian professional football league. Run by Australian governing body Football Federation Australia , it was founded in 2004 following the folding of the National Soccer League and staged its inaugural season in 2005–06. It is sponsored by Hyundai Motor Company...
soccer team, Perth Glory, and has business interests in fashion and entertainment.
Biography
Born in GloucesterGloucester
Gloucester is a city, district and county town of Gloucestershire in the South West region of England. Gloucester lies close to the Welsh border, and on the River Severn, approximately north-east of Bristol, and south-southwest of Birmingham....
, England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
, on 26 June 1960, Tony spent his early childhood regularly travelling between England and his mother's hometown of Salerno
Salerno
Salerno is a city and comune in Campania and is the capital of the province of the same name. It is located on the Gulf of Salerno on the Tyrrhenian Sea....
in Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
. His family moved to Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
in 1967 and spent short stints living in Adelaide
Adelaide
Adelaide is the capital city of South Australia and the fifth-largest city in Australia. Adelaide has an estimated population of more than 1.2 million...
, Melbourne
Melbourne
Melbourne is the capital and most populous city in the state of Victoria, and the second most populous city in Australia. The Melbourne City Centre is the hub of the greater metropolitan area and the Census statistical division—of which "Melbourne" is the common name. As of June 2009, the greater...
and Sydney
Sydney
Sydney is the most populous city in Australia and the state capital of New South Wales. Sydney is located on Australia's south-east coast of the Tasman Sea. As of June 2010, the greater metropolitan area had an approximate population of 4.6 million people...
before heading to New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
in 1975. A few years later in 1978, Tony returned to Australia to attend Churchlands College (now part of Edith Cowan University
Edith Cowan University
Edith Cowan University is located in Perth, Western Australia. It was named after the first woman to be elected to an Australian Parliament, Edith Cowan, and is the only Australian university named after a woman....
) in Perth
Perth, Western Australia
Perth is the capital and largest city of the Australian state of Western Australia and the fourth most populous city in Australia. The Perth metropolitan area has an estimated population of almost 1,700,000....
where he graduated with a Bachelor of Business (Accounting and Finance) in 1980. He later became a Fellow of the Association of Certified Practising Accountants, a Chartered Accountant, and a Fellow of the Taxation Institute of Australia. He has three children Jessica, Emily and Matthew.
Sage acted as funds manager for property trust group Growth Equities Mutual Limited in Western Australia
Western Australia
Western Australia is a state of Australia, occupying the entire western third of the Australian continent. It is bounded by the Indian Ocean to the north and west, the Great Australian Bight and Indian Ocean to the south, the Northern Territory to the north-east and South Australia to the south-east...
. From the mid-1990s onward, he financed and managed a range of listed mining and exploration companies including Cape Lambert Resources, African Petroleum, Cauldron Energy, Gabriel Resources, International Petroleum, International Goldfields, Fe Limited, Chameleon Mining and African Iron.
In 2008, Sage sold the Cape Lambert iron ore project in the Pilbara region of Western Australia for A$400 million to Chinese firm, China Metallurgical Group Corporation
China Metallurgical Group Corporation
China Metallurgical Group Corporation , , is a state-owned enterprise in Beijing, China, engaging in EPC , natural resources exploitation, papermaking, equipment fabrication, real estate development...
. The project had been purchased two years earlier for approximately A$20 million and during the 24 months that followed, Cape Lambert Iron Ore Ltd spent approximately A$50 million on exploration activities.
He was a founder of radio network Red FM
Red FM
The name Red FM refers to more than one radio station:* Red FM , a commercial radio network covering the remote areas of Western Australia* Red FM , an Indian radio brand with stations broadcasting at 93.5 MHz across the country...
, which was later sold to WA Newspapers Limited for a considerable profit, and is also a former owner of the West Perth nightclub, Onyx Bar, which opened in 2005. In June 2008, Sage purchased a 49 per cent stake in the Perth Fashion Festival.
In 2007, Sage became one of a triumvirate of owners of the A-League
A-League
The A-League is the top Australasian professional football league. Run by Australian governing body Football Federation Australia , it was founded in 2004 following the folding of the National Soccer League and staged its inaugural season in 2005–06. It is sponsored by Hyundai Motor Company...
soccer team Perth Glory. He became the outright owner in February 2009.