The sale of Perth Glory Soccer Club to a London crypto-currency entrepreneur has hit trouble after new fraud revelations surfaced.

An exclusive 6PR-Nine News investigation has found that the man behind a company trying to buy Glory - businessman Jim Aylward - is convicted fraudster James Abbass Biniaz.

And documents obtained by 6PR’s Gareth Parker reveal that Mr Sage was being promised $30 million by Mr Aylward – AKA James Biniaz - for 80 per cent of the A-League club.

London Football Exchange founder Jim Aylward. Credit:Twitter

Biniaz, 40, went to prison in the UK in 2010, for a scam against the tax department and has also been convicted of robbery and assault.