Gold Coast United will continue in the A-League after Football Federation Australia confirmed the Queensland club's participation in next season's competition.
There had been speculation Gold Coast were in danger of folding with owner Clive Palmer reportedly ready to end his financial backing of the franchise.
However, FFA have confirmed they have been informed in writing by Palmer that Gold Coast will take their place in the 2010/11 edition of the A-League.
"I am delighted that we are able to end any speculation and continue our planning for the sixth season of the Hyundai A-League season with 11 teams in the competition," FFA chief executive Ben Buckley said.
"With a brand new club there are always challenges but Gold Coast United and FFA have been working constructively to build a solid football platform on the Gold Coast for the future.
"Gold Coast United will continue to be a competitive team in the Hyundai A-League and we will work with them to develop further community and sponsorship support and build on the achievements of the first year.
"With the recent turnaround in North Queensland, the commitment from Gold Coast United will see us continue to strengthen the football footprint in Queensland."
