BRISBANE Roar will slash expenditure next season in a bid to reduce their annual losses by more than $1.8 million, according to comparative figures sent to potential investors by club chairman and Bakrie Group identity Chris Fong.

The Courier-Mail gained access to the document, which states the Roar are forecasting a loss of more than $2.25 million for the current financial year, which ends on June 30.

But the deposed A-League champions have predicted they can reduce their annual loss to a little more than $423,000 by the end of June next year.

The figures state that the Roar plan to reduce their spending by more than $2.28 million in the next financial year (July 1, 2015 to June 30, 2016).

More than $920,000 is money they will save by not being in the 2016 AFC Champions League.

Fong on Thursday denied cuts to the football department and junior clinics despite numbers – and the departure of football director Ken Stead – suggesting otherwise.

According to the document, the Roar plan to:

● Cut spending on players’ and coaches’ salaries and employment by more than $565,000.

● Reduce expenses for the club’s A-League, W-League and National Youth League team by close to $730,000.

● Cut costs on junior clinics and programs by more than $120,000.

But Fong rejected claims of a reduction in football spending, and said the Roar would not be affected in terms of retaining players and attracting new talent.

“There are no cuts,” Fong said.

“Brisbane Roar FC will increase spending next season in areas related to football. The club always has, and always will, strive for the highest levels of success within each competition in which the Roar is involved.”

Fong also said there would be no cost cutting on junior clinics and programs.

“Community engagement and grassroots coaching is extremely important to Brisbane Roar FC and we place a very high value on our ongoing programs in these areas,” he said.

However, club owners the Bakrie Group remain committed to finding new investors for the Roar.

“The Bakrie Group has previously stated it believes the time is right to share the vision for the club’s future and it would consider offers to bring in a strategic partner with the same goals and values as Brisbane Roar FC,” Fong said.

The document also states that the Roar plan to reduce spending on membership, marketing and event expenses, as well as business management salaries and employment.

However, the figures also reveal increased match day, sponsorship and media expenditure.

Meanwhile, Ben Mannion has resigned as Football Queensland chief operating officer.