A proposed purchase of the Wellington Phoenix's A-League license is set to be blocked.

Last week the Phoenix issued a statement insisting their A-League license wasn't for sale.

But the Sydney Morning Herald reports club owners have agreed to sell their license for AU$15 million to a Sydney-based consortium who would relocate the club across the Tasman, ending A-League football in New Zealand.

However, that move looks unlikely to succeed with Football Federation Australia set to block the sale as it proceeds with its own expansion plans.

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The report will only fuel ongoing speculation the Phoenix owners want out of the club.