Several companies associated with Perth Glory owner and businessman Tony Sage have been raided by federal police.

It is understood the Australian Federal Police (AFP) spent several hours in the soccer club's Leederville building as well as at the office of mining company Cape Lambert Resources, which Mr Sage chairs.

An AFP spokeswoman said she could not comment on an ongoing investigation but did confirm several commercial and residential premises were raided in Perth and Sydney on Wednesday.

"The AFP can confirm that today a number of search warrants were executed on commercial and residential premises in Perth and Sydney," she said in an emailed statement.

The searches were part of an ongoing AFP investigation in partnership with commonwealth agencies including the Australian Crime Commission, Australian Tax Office, and Australian Securities and Investments Commission, she said.

"The investigation is ongoing, therefore it is not appropriate to make any further comment at this point in time," she said.