Victory Sports Clubs new ownership has settled the clubs debts and have appointed a new coach and assistant coach. Veteran Sri Lanka coach Pakir Ali will lead the side while former Reds captain Anil will be the assistant coach when the Reds compete in the FAM second division.

The club have settled the salaries of the 26 players the club are due to pay including the foreign players and coaching staff. Victory's new leadership  also announced that four oversees players will join the club from Middle East. One Jordanian player and three Egyptian players will join victory for the clubs second division campaign.