Insert Name Here aka The Ownership Thread

[plague]

Bhahahahahaha, 'transfer fees for players'.
What the **** are those things?

[leftrightout]

Bhahahahahaha, 'transfer fees for players'.
What the **** are those things?

Haha classic Plague!

[belchardo]

:rof:

:lol::lulz:

[snake]

FFA renewed our license to 2035. we aren't folding

you are very young

[lquiquer]

FFA need Newcastle just as much as Newcastle need FFA, they won't let us fold it would be a PR disaster.

The Sheep Quiz needs me just as much as I need the Sheep Quiz, PV4 won't let us fold it would be a PR disaster...........

[MFKS]

the chance of playing in the Asian Champions League

Some one does realise you have to finish at least in the top 3 of the League to get this to happen??:wacko:


FFS We haven't even get into the top 60% of teams in the last 4 faaarrrkinng years FFS

That don't look realistic anytime soon either let alone finishing in the top 30% of teams FFS

[terry]

FFA need Newcastle just as much as Newcastle need FFA, they won't let us fold it would be a PR disaster.

we're laughin, we'll be around for a thousand years

[Skirt Boy]

The article is somewhat correct.

Go through all the clubs of both the NRL and A-League. Look at who the corporate partners.

Doesn't take a rocket scientist to work out that by and large the A-League is full of blue-chip firms with a strong international presence. Some NRL clubs list local two bob car dealers....................

[belchardo]

TWO of the remaining assets in Nathan Tinkler’s once vast business empire have fallen under the control of Westpac Bank with receivers appointed to sell properties in Newcastle and Brisbane.
<a href="http://ad-apac.doubleclick.net/N6411/jump/onl.fairfaxregional/newcastleherald/news/localnews;ctype=article;cat=newcastleherald;cat1=n ews;cat2=localnews;cat3=2161527;region=newcastle_h unter;locstate=nsw;pos=2;tile=5;sz=xxxx;ord=528234 89?"><img src="http://ad-apac.doubleclick.net/N6411/ad/onl.fairfaxregional/newcastleherald/news/localnews;ctype=article;cat=newcastleherald;cat1=n ews;cat2=localnews;cat3=2161527;region=newcastle_h unter;locstate=nsw;pos=2;tile=5;sz=xxxx;ord=528234 89?" /></a>
The move comes just days before the former tycoon is due to renew a $10.3million bank guarantee, held with Westpac, that underpins his ownership of the Newcastle Knights.


If Mr Tinkler’s Hunter Sport Group fails to have the bank guarantee in place by March 31, the Knights members club will begin to assume control of Newcastle’s NRL flagship for $1.

Said Jahani, of Sydney insolvency specialist Grant Thornton Australia, confirmed yesterday that he had been appointed by Westpac to oversee the disposal of properties held by Tinkler companies Merewether Investments and Oceltip Investments No.2.

These include a commercial property at 401/1 Honeysuckle Drive, Newcastle, and a vacant block of land at 447 Grandview Road, Pullenvale, Queensland.

Mr Tinkler’s Sydney-based spokesman said the Tinkler Group was ‘‘working closely with Westpac to restructure the group’s borrowings’’.

He said they were ‘‘separate to the Knights’ bank guarantee’’.

‘‘As stated previously ... the bank guarantee remains in place with Westpac and will continue to be following March 31, 2014,’’ he said.

The Honeysuckle property was purchased in September 2011 for $1.115 million, and Westpac registered a mortgage over the property about six weeks later.

It used to be the Newcastle headquarters of Mr Tinkler’s thoroughbred racing empire Patinack Farm and was held by Tinkler company Merewether Investments.

The four-hectare block of land in Queensland was purchased by Oceltip Investments No.2 for $2million in 2008.

Westpac registered a mortgage over the property on August 12, 2011, a week after Mr Tinkler took control of the Knights, which included him securing an initial $20million bank guarantee with Westpac.

Both companies, now under external administration, are owned by Mr Tinkler’s wife, Rebecca, and Mr Tinkler and Hunter Sports Group chief Troy Palmer are directors.

Mr Said refused to reveal the amount owed to Westpac or if the sale of the two properties would cover the debt.

‘‘The process will be that I will be taking these properties to market,’’ he said. ‘‘We have not yet had valuations done as this is in the very early stages.’’

Asked if there would be other properties seized by Westpac to cover the debt, he replied: ‘‘No comment’’.

Merewether Investments also holds two properties in Ocean Street, Merewether, where Mr Tinkler was going to build a $13.3 million beachside castle, before scrapping the plans and moving overseas.

It is understood that New York-based investment bank Jefferies lent Mr Tinkler – through Merewether Investments – $24 million on October 29, 2011, in return for a mortgage over the Ocean Street properties.

They have been for sale for some time.

The Herald reported on Monday that HSG secretly negotiated in January an unprecedented interim two-month bank guarantee agreement with the understanding it would be replaced by one encompassing the balance of the 12-month tenure before March 31.

Under the original terms and conditions of the former billionaire’s takeover of the Knights, he agreed to provide the surety, initially worth $20million for two years, then a $10million guarantee for the next eight years, renewed annually to account for Consumer Price Index (CPI) adjustment.

A guarantee worth $10.3million expired on January 31 and was supposed to have been replaced with one worth $10.52 million, valid for 12 months.

Instead an ‘‘interim’’ bank guarantee for a period of two months was put in place on the understanding it would be replaced by March 31 by one covering the balance of the 12-month tenure.

A loan for an additional $220,000 to cover the cost of CPI was secured by Hunter Sports Group from the Greater Building Society, not Westpac, on February 5.


http://www.theherald.com.au/story/2161527/bank-seizes-tinkler-assets/?cs=303

[The Dunster]

$1 to own the Knights. That seems a bit expensive.

[GazFish35]

$1 to own the Knights. That seems a bit expensive.

especially when you then have to pay DUI fines.

[howardyou]

Darius Boyd caught up in $200,000 wrangle
By ROBERT DILLON
March 21, 2014, 10 p.m.

KNIGHTS officials say they have honoured ‘‘all’’ their contractual commitments to players after reports surfaced that Test star Darius Boyd was owed a six-figure sum.
See your ad here

The Knights’ official newspaper, the Daily Telegraph, reported yesterday that Boyd was owed ‘‘around $200,000 in third-party agreements’’ and that a source had claimed ‘‘other players were in the same predicament’’.

The Herald received similar information earlier this week and was told Boyd did not attend Newcastle’s season launch function because he was ‘‘filthy’’ about the situation.

On Tuesday, having been offered a chance to deny those rumours, the Knights addressed them in a statement, saying: ‘‘There is no marquee player payment outstanding however the club will continue to explore additional sponsorship opportunities to retain all marquee players.’’

Asked yesterday if they would like to refute the Telegraph’s story, the Knights replied: ‘‘In response to today’s report concerning Darius Boyd, the NRL salary cap audit verifies the club has met all contractual obligations and will continue to do so.’’

With regards to Boyd’s non-attendance at the February 28 function held at Merewether’s Surfhouse, the Knights said: ‘‘Darius did not attend due to personal reasons.’’

Third-party sponsorships are a grey area because under salary-cap rules clubs are not meant to guarantee such deals.

The Telegraph also made mention of ‘‘irregular’’ payment of superannuation, saying that documentation belonging to one Newcastle player indicated his super had been paid only three times in 15 months.

The Knights said on Tuesday that ‘‘player superannuation continues to be paid on an ongoing basis’’.

An NRL spokesman said yesterday that the governing body had ‘‘noted that the Knights have made public assurances that they are making ongoing payments’’.

A spokeswoman for the Rugby League Players Association said it was policy not to comment on specific issues but no Newcastle players had contacted them.

‘‘It is inappropriate for us to comment on individual clubs or players with respect to their personal financial arrangements,’’ she said.

‘‘However, players, like any other employee, are entitled to have salary, superannuation, benefits and entitlements payments made in accordance with their contracts and the relevant employment legislation.

‘‘If that’s not being done, players have the right to know

This doesn't sound or look very good for the Knights. Lots of avoiding direct questions. This will only harm player and team morale. Let's only hope the Jets are mot being put in the same situation.
I realise this can be the way Tinks does business, but it could be the tip of the iceberg.

[hawk]

tinks will get shits with the knights and his money loss and dump both teams. has to happen soon. But not before selling tagz, Biz and any others he might be able to make a buck out of.

[plague]

tinks will get shits with the knights and his money loss and dump both teams. has to happen soon. But not before selling tagz, Biz and any others he might be able to make a buck out of.

If Birazz is going to Germany then expect Real Madrid to make an offer for BK.

Tinks has a licence to print money.

[MFKS]

In light of the impending demise of HSG's ownership of the Knoughts how much longer before the shit hits the fans at Jets HQ???

Do find the bit :roflz: where Tinks wants to still have some involvement / say/ ownership in the Knoughts going forward despite the impending reneging on his deals due to the money he has already invested.

Bit like a bloke going through a divorce expecting to get a blow job 3 roots and a session in the arse each month from his ex wife for all the money he has squandered into her over the years

[Grimario]

MILLIONAIRE Nathan Tinkler will relinquish sole ownership of the Newcastle Knights on Monday but could still retain an interest in the club, with his Hunter Sports Group in negotiations with the NRL to create a new administrative structure.

Tinkler is considered no chance of meeting the 5pm deadline to put a new $10.52 million bank guarantee in place, a key component of his 2011 takeover of the club.

If he defaults on the commitment, as expected, the Knights Members Club will be within their rights to kick off proceedings to buy back the club from Tinkler for $1.

The Members Club is expected to meet on Wednesday or Thursday to formulate a plan to take back control.

The first step in that process has already taken place with Members Club chairman Nick Dan accessing the existing bank guarantee late last week and depositing it in a joint signatory account.

But it has emerged Tinkler’s Hunter Sports Group has held talks with the NRL over the past few months about a new ownership model that would guarantee HSG representation on any new board.

Knights CEO Matt Gidley was in Sydney on Friday for further talks and club chairman Paul Harragon told Channel Nine an announcement would be made over the next week.

It’s understood the proposed new structure also calls for representation from the NRL and the Members Club on the revamped board.

Harragon has been in private negotiations with Dan in a bid to get the members club on side but there is speculation they won’t give up their position of strength without a fight.

Dan said he was aware of the speculation surrounding the new structure but believes HSG should not be a part of the club’s future unless Tinkler meets the guarantee deadline.

“If they get the guarantee in place, we can all get back to what we’ve been doing,” he said.

“If not, they’ve had their opportunity to run the place.”

The NRL appears to be the key.

“The NRL will arbitrate in all this and at the end of the day, they control who gets the licence,” one source said.

“Whichever way it goes, it’s unlikely to be a smooth process.”.

[Jetmaster]

I would trust that FFA are being proactive on this and not just waiting for the shit to hit the fan ?

[Grimario]

Gatty has a reliable sauce (assuming not from the bottles at Pootongue) that there is already someone ready to step in should Tinks throw a tantrum and drop the Jets.

Ray Gatt ‏@Gatty54
I've been trying 2get some answers from FFA but they saying nothing until something def happens with Knights
Ray Gatt ‏@Gatty54
I am hearing there are people ready to step in at the Jets if Tinkler falls over

[snake]

^^ is it blacmac?

[plague]

Con and Remo or fold the farkern club.

[Grimario]

^^ is it blacmac?

Would prefer HP, if I am being honest.

[q-money]

rangers of 1886
vj
saucer people

[plague]

rangers of 1886
vj
saucer people

Westboro Baptist Church.

[plague]

It's a dead set cert that Alan Joyce is our new GM though. He's the only bloke with the track record to carry on Middlebys legacy.

[Grimario]

http://www.dailytelegraph.com.au/sport/nrl/whats-the-buzz-nathan-tinkler-wants-to-sell-the-newcastle-jets-to-save-his-knights-ownership/story-fni3fh9n-1226875453196


STRUGGLING businessman Nathan Tinkler wants to sell the Newcastle Jets soccer team to save his ownership of the Knights.

The financial whirlwind that has shaken the former mining billionaire could lead to foreign ownership of the soccer club and only a 50 per cent share of the NRL club for Tinkler.

The Jets licence is said to be worth about $5 million. That cash would be poured back into the Newcastle Knights and almost ensure Tinkler can retain a 50-50 shareholding.

The Jets valuation comes after the Melbourne Heart were sold to the Abu Dhabi royal family, the owners of Manchester City, for $11 million.

The Western Sydney Wanderers are about to be sold for $10 million to a local consortium that includes Asian interests.

I’m told Tinkler’s agents have been in Asia for some time actively trying to find a buyer for the club.

He’s also being advised by John Singleton in Australia.

The A-League’s connections to Asia via the Asian Champions League and 2015 Asian Cup are sparking interest. The Hunter’s coal export links to Asia are another key element.

But if Tinkler does end up relinquishing control there will be a strong push to convert the Jets into a member-owned club.

FFA boss David Gallop is watching closely. At this stage players and staff are being paid on time, unlike the Knights players. There are mixed views about Tinkler’s ownership future with the Knights.

[furns]

paging blackmac - time to dust off your trust proposal

[furns]

sorry, just saw that article was posted by Phil Rothfield.
Thats the football equivalent of an article from goal.com

[Grimario]

I wanted to put a disclaimer next to it saying it was by him but decided the forum discussion would have been better without knowing that :(

[Jetmaster]

Sounds almost word for word like a post on the Herald a few weeks back. Everyone knows that the Jets are a saleable asset and that Tinks would be mad not to utilise his connections in Singapore. Nothing new here.

[WolfMan]

I can have a few K ready to go....

[Blackmac79]

paging blackmac - time to dust off your trust proposal

Well heres the thing...

Newcastle of the 1960's -80's sure community ownership lets go.

Newcastle of today - we are farked.

Also don't know what people have against buzz. guy is strangely accurate.

I can start getting things going again. however the chance of us raising a required $5million is next to zero to buy the club. Best chance would be for the FFA to buy it on our behalf and the community ownership structure to pay back that debt through lowered tv revenue for a couple of years. Convincing the FFA of that is the hard part.

I have every confidence of Newcastle's collective ability to put in place an effective and efficient board to run the club.

[hawk]

Hope the FFA takes us back for $0 so he does his ass.

[Blackmac79]

Hope the FFA takes us back for $0 so he does his ass.

I too hope for this.

[Jetmaster]

How about getting Vincent Tan (we have a Cardiff here after all)?

He'll change the shirts too.

Fits the criteria of loony owner with more money than sense.

[Pico]

Who were those Asians checking out the central coast a couple of years back, might be why he's trusting that coastie singleton, bet this ends poorly.

Can see it now, next will be the Russian interests, then the inevitable south Melbourne offer.

Hopefully tinks isn't talking to the cairns based casino resort developer backing the cairns npl team.

I don't think it will matter to tinks ownership of the knights, they will be controlled in a joint venture of the members club, Wests leagues & the NRL I think.

[hawk]

How about getting Vincent Tan (we have a Cardiff here after all)?

He'll change the shirts too.

Fits the criteria of loony owner with more money than sense.

ive tried :(

[militiamon]

lol, $5 million + another $1 million or so loss every year, what a gee up :rof:

[MFKS]

Well heres the thing...

Newcastle of the 1960's -80's sure community ownership lets go.

Newcastle of today - we are farked.

Also don't know what people have against buzz. guy is strangely accurate.

I can start getting things going again. however the chance of us raising a required $5million is next to zero to buy the club. Best chance would be for the FFA to buy it on our behalf and the community ownership structure to pay back that debt through lowered tv revenue for a couple of years. Convincing the FFA of that is the hard part.

I have every confidence of Newcastle's collective ability to put in place an effective and efficient board to run the club.

Should be looking to get it off the ground anyway. You will only need 51% ownership to gain full control of the club anyways.

Start off looking for 5% and then sign people up and over the years slowly buy up more and more stock in the joint. Once you hit the 51% the Members control the club

[joel31]

How would the trust get the club the financial support they need to be competitive?

[BodyNovo]

the same way any private ownership do;

sponsorship, private investments, merch sales, grants from FFa, memberships, etc.

[plague]

How would the trust get the club the financial support they need to be competitive?

Simple. Upfront each member gives $500 (on top of their existing membership fees) to buy the licence then an extra $100 per year to cover yearly losses.
Then just get all 10,000 of us to agree on every decision.
Oh and then pray the grants/sponsorship and other revenues don't fall.
Oh and pray we don't get screwed on a future ground rental agreement now that we have less leverage (without the Knights).

Pretty simple really.

Oh and dear club, get ****ed if you think I'm chipping in any more coin to save your sorry asses.

[MFKS]

How would the trust get the club the financial support they need to be competitive?

If the club are losing 1 million a year as alleged and the Supporters trust had 10% the Supporters Trust would only be up for 100k to cover it. To my way of thinking this is achievable if you get a large amount of the current Membership (season Ticket Sales) involved in the supporters trust. ie 2000 people would only have to stump up $50 a year each to cover it.

Obviously going forward you would be hoping the Club was getting closer to breaking even so the Supporters Trust were not just raising money to pay the clubs debts.

Problem will be getting the whole project off the ground and getting the funds for the initial investment to buy the initial stake in the club and then getting FFA to agree to it also will be an issue

[cobra23]

Im tipping a Liverpool fc take over.. watch this space

[Disinterested Bystander]

Simple. Upfront each member gives $500 (on top of their existing membership fees) to buy the licence then an extra $100 per year to cover yearly losses.
Then just get all 10,000 of us to agree on every decision.
Oh and then pray the grants/sponsorship and other revenues don't fall.
Oh and pray we don't get screwed on a future ground rental agreement now that we have less leverage (without the Knights).

Pretty simple really.

Oh and dear club, get ****ed if you think I'm chipping in any more coin to save your sorry asses.

That would be more fun than watching the comedy routine the team displays on the field! Imagine the behind the scenes wheeling and dealing to buy support for votes at member's meetings - Thomas477 taking out a mortgage to ensure he's got the numbers to force the club to sign a coach who'll replace BK with someone who can't catch and trips over the ball but makes a decent effort of diving at any shot that can't possibly be saved; pv4 selling his arse on the mean streets of gypo land to fund his proposal to ensure any mention, in any form, anywhere in the world of Bridges at the Jets is erased from the entirety of history; the member for KFC robbing banks across newy so he's got enough cash to force the Jets to re-sign Kale as lifetime marquee and install himself as Kale's personal fluffer/groupie/slave.

It would beat watching ****tards like Mitchell, Gallaway, Virgilli et al take a paycheque for impersonating a footballer!

[Jeterpool]

Im tipping a Liverpool fc take over.. watch this space

I think they'd go for the Victory. I am sure I read the Victory were looking at linking with them but Liverpool at that stage weren't interested. Plus being a capital and all.

Personlly, I'd love it to happen.

[Premy]

Im tipping a Liverpool fc take over.. watch this spaceTechnically that would be a Fenway Sports Group take over, which would be amazeballs.

[Premy]

That would be more fun than watching the comedy routine the team displays on the field! Imagine the behind the scenes wheeling and dealing to buy support for votes at member's meetings - Thomas477 taking out a mortgage to ensure he's got the numbers to force the club to sign a coach who'll replace BK with someone who can't catch and trips over the ball but makes a decent effort of diving at any shot that can't possibly be saved; pv4 selling his arse on the mean streets of gypo land to fund his proposal to ensure any mention, in any form, anywhere in the world of Bridges at the Jets is erased from the entirety of history; the member for KFC robbing banks across newy so he's got enough cash to force the Jets to re-sign Kale as lifetime marquee and install himself as Kale's personal fluffer/groupie/slave.

It would beat watching ****tards like Mitchell, Gallaway, Virgilli et al take a paycheque for impersonating a footballer!
Quite possibly in the top 10 post of foz history, honest fact hitting humor. 12/10 post.

[Thomas477]

That would be more fun than watching the comedy routine the team displays on the field! Imagine the behind the scenes wheeling and dealing to buy support for votes at member's meetings - Thomas477 taking out a mortgage to ensure he's got the numbers to force the club to sign a coach who'll replace BK with someone who can't catch and trips over the ball but makes a decent effort of diving at any shot that can't possibly be saved; pv4 selling his arse on the mean streets of gypo land to fund his proposal to ensure any mention, in any form, anywhere in the world of Bridges at the Jets is erased from the entirety of history; the member for KFC robbing banks across newy so he's got enough cash to force the Jets to re-sign Kale as lifetime marquee and install himself as Kale's personal fluffer/groupie/slave.

It would beat watching ****tards like Mitchell, Gallaway, Virgilli et al take a paycheque for impersonating a footballer!

:lulz: Will pay that just for the lulz.

[q-money]

:rof:

[pv4]

:rof:

But srs I fxxxing hate the idea of the community owning our team. Do you guys realise only 76% of people voted for the e&c jersey? That means 24%, 1 in 4 newy people, 2500 / 10000 members voted against e&c. I want absolutely nothing to do with them jerks tbh

[MFKS]

:rof:

But srs I fxxxing hate the idea of the community owning our team. Do you guys realise only 76% of people voted for the e&c jersey? That means 24%, 1 in 4 newy people, 2500 / 10000 members voted against e&c. I want absolutely nothing to do with them jerks tbh

The downside to it is we would be stuck with Bridges as so many love him.

For what i am not sure

[Bon]

The downside to it is we would be stuck with Bridges as so many love him.

For what i am not sure

Jeeez Member, you were on a serious "I hate Bridgey" binge last night.. Calmed down a bit now, mate?

[Jeterpool]

I really believe that we will have a new owner next year. Tinkler is only bringing in bad press about his instability, and while that is focussed on the Knights at the moment, once their saga has bene sorted it will turn to the Jets - something I don't think the FFA will want.

This is a world cup year and football will have an increased focus during the off season. In addition, the anti-football journalists will simply jump at the opportunity to stick the knife into the sport.

The FFA cannot afford to have HSG tarnishing the A-League product. I feel they will have been working with parties in the background to get someone lined up so they can a) offer HSG a way out and give tinks some cash or b) wait for the licence to be handed back and then given to teh new investers.

I have no inside knowledge as to what is happening, however I see the HSG situation (as with any owner in the league for that matter) as a risk to the product, so you need to have controls in place to mitigate that risk - and having someone in the background would be what I would do as ONE of the controls.

[MFKS]

Jeeez Member, you were on a serious "I hate Bridgey" binge last night.. Calmed down a bit now, mate?

Last week of hating the bloke as a player 4 eva.

Got to get in before time runs out :rof:

Just not the same hating on the coaches as that's expected:lol:

[WolfMan]

Last week of hating the bloke as a player 4 eva.

Got to get in before time runs out :rof:

Just not the same hating on the coaches as that's expected:lol:

Don't fret, you'll be able to hate on him as a coach next season ;-)

[Pico]

Tinks supporting Coastie's for years.


ICAC: Nathan Tinkler offered to use "employees as fronts" to back election campaigns

By MICHELLE HARRIS State
April 28, 2014, 11:04 a.m.

Former billionaire Nathan Tinkler offered to support the 2011 reelection campaign of then Newcastle Labor MP Jodi McKay, telling her he could get around laws banning developers from making political donations by using his employees as fronts, the Independent Commission Against Corruption has heard.

The offer was put to Ms McKay amid discussions about Mr Tinkler's interest in the Newcastle Knights and as Mr Tinkler was pressing Ms McKay to support his proposed $2.3 billion coal loader at Mayfield, the ICAC's new inquiry into allegations of payments for political favours was told this morning.

But Ms McKay refused to discuss the proposal because Buildev, a company Mr Tinkler controlled, had previously donated $50,000 via Labor's head office to her 2007 election campaign, before election funding laws were tightened in 2009.

Counsel assisting the ICAC Geoffrey Watson SC told the inquiry that Ms McKay informed Mr Tinkler during their meeting that he was banned from making political donations because of his involvement with Buildev.

"His response was quite startling," Mr Watson said.

Mr Tinkler told Ms McKay "well that's OK".

"He had hundreds of employees and he can get around the rules by making those employees front as the donors," Mr Watson said.

But Ms McKay "could not be bought" and reported the offer to the ICAC.

Mr Watson then referred to "ongoing investigations" into donations Mr Tinkler was also making at the time to Ms McKay's "opponent's campaign".

It is not clear to which other candidate Mr Watson was referring, with him telling the ICAC he was not prepared to say anything more at this time.

The inquiry, called Operation Spicer, also heard extraordinary allegations this morning in relation to a slush fund operated by an ex staff member of former Liberal resources minister Chris Hartcher.


Tim Koelma is alleged to have run his company Eightbyfive as a "sham business" to solicit payments from prohibited political donors in return for favours from Mr Hartcher.

It garnered more than $400,000 in total, including $66,000 from the Buildev Group, which paid for "fake services", although Mr Tinkler's Patinack Farm was technically Mr Koelma's client.

Mr Watson said Patinack's involvement was "designed to sever any connection" between Buildev and Eightbyfive.

The money funnelled through Eightbyfive was used in part to support Liberals Chris Spence and Darren Webber during their ultimately successful campaigns for Central Coast seats in the 2011 election.

In April 2013, ICAC contacted Patinack Farm about the dealings, causing a flurry of text messages between Mr Tinkler's business associates.

"Have u got Eightbyfive under control. We can't have patinack involved in an ICAC hearing," Tinkler Group chief executive Troy Palmer texted to Buildev's Darren Williams, according to records shown at the inquiry.

Mr Tinkler was told via email that ICAC was investigating and replied "Who is ICAC?".

Told by Mr Williams it was the "NSW Gov" Mr Tinkler responded "Oh mate u r f---ing kidding me...what have I ever had to do with this business, can't trust anyone.

"...Another one of sharpey's lobbyist mates I am no doubt going to have to wear the headlines before and I don't even no [sic] their names nor have ever met..."

Mr Tinkler, Ms McKay, Mr Palmer, and Buildev founders Darren Williams and David Sharpe are due to give evidence later this week.

The inquiry is continuing this afternoon.

www.theherald.com.au/story/2244405/icac-nathan-tinkler-offered-to-use-employees-as-fronts-to-back-election-campaigns/?cs=303


looks like Tinks might be about to plead the Middleby defence, it was all Palmers fault.

[MFKS]

Tinks supporting Coastie's for years.



looks like Tinks might be about to plead the Middleby defence, it was all Palmers fault.

Wonder how many other subpoenas and summons he will he get when he walks out of court as people will know where/when to find him this week??

[Premy]

Gallacher done by ICAC for hiding Tinks donation into a Libs slush fund.

[militiamon]

Tinks, what a legend.

[Premy]

Tinks, what a legend.
He'll be lucky if he stays out of jail.

[militiamon]

Your point being?

[militiamon]

Also for srs, I'm not an expert in the current matters, but I believe there's no chance Tinks could actually have anything done to him over this. Career-killing for the politicians to be caught out, just another day's work for developers.

hamma to confirm.

[Premy]

Also for srs, I'm not an expert in the current matters, but I believe there's no chance Tinks could actually have anything done to him over this. Career-killing for the politicians to be caught out, just another day's work for developers.

hamma to confirm.
His been caught bribing Politicians and been caught trying to cover it up. ICAC wasn't formed to air all the dirty laundry of our corrupt Politicians,(although it's done a great job doing so) it was form to put criminals behind bars and stop corruption at the highest level. If Tinkler gets away with this a clear president will be set and anyone else who is found guilty will just point to his case as reference to get of scott free.
I truly think he will be put behind bars, a lot is still yet to come but things are not looking good for the Big Man.

[plague]

His been caught bribing Politicians and been caught trying to cover it up. ICAC wasn't formed to air all the dirty laundry of our corrupt Politicians,(although it's done a great job doing so) it was form to put criminals behind bars and stop corruption at the highest level. If Tinkler gets away with this a clear president will be set and anyone else who is found guilty will just point to his case as reference to get of scott free.
I truly think he will be put behind bars, a lot is still yet to come but things are not looking good for the Big Man.

An illegal donation is very very different to a bribe.
Also, the donations rules are rules for political parties, not for us to adhere to.

So far Tinks has done nothing illegal.


Bloke remains a ledge.

[militiamon]

Yeah nah, no evidence that Tinks bribed anyone, certainly not anything that would stand up in a criminal court.
What laws has he broken exactly? Those changes to the electoral funding laws are quite legally dodgy anyway.

Besides, who is ICAC?
Forza Tinks.


Edit: plague beat me to it.

[sammydog]

His been caught bribing Politicians and been caught trying to cover it up. ICAC wasn't formed to air all the dirty laundry of our corrupt Politicians,(although it's done a great job doing so) it was form to put criminals behind bars and stop corruption at the highest level. If Tinkler gets away with this a clear president will be set and anyone else who is found guilty will just point to his case as reference to get of scott free.
I truly think he will be put behind bars, a lot is still yet to come but things are not looking good for the Big Man.

Problem is, a lot of evidence gathered and used in ICAC investigations can't be used in a court of law in criminal proceedings. Thats why Obeid is still running around.

[Pico]

Yeah unless they can link a payment tinks made to a direct decision in his favour good luck proving his political donation was in fact a bride, illegal political donation that the liberal party deliberately hid, well that's another story.

Considering all this was in his endeavours to get Hunter Ports up and running, well :blush: apart from a snazzy logo on some sports teams I haven't seen anything that even remotely screams "bride" worthy heading tinks way.

[belchardo]

palmer in the ICAC dock today.

anybody got $50 we can slip the counsel assisting? we might actually get some real answers that way. :D

[Pico]

palmer in the ICAC dock today.

anybody got $50 we can slip the counsel assisting? we might actually get some real answers that way. :D

It'll just be a heap of "yes", "no" & "I don't recall"

[belchardo]

looks like he's BACK IN THE GAME!

http://www.theherald.com.au/story/2281018/nathan-tinkler-buys-wilkie-creek-mine-for-150-million-report/?cs=303

[Pico]

The Big man speaks....




$150m mine buy puts Nathan Tinkler back in coal

Sarah-Jane Tasker |
The Australian |
May 14, 2014 12:00AM

FORMER coal magnate Nathan Tinkler is back in the resources game in a $150 million deal to buy a Queensland coal asset.

Mr Tinkler, with the backing of US-based investment bank Jefferies Group, a subsidiary of Leucadia National Corp, told The Australian from his Singapore base last night he had purchased Peabody Energy’s Wilkie Creek thermal coalmine.

Pre-empting questions about his financial ability to fund such a deal, Mr Tinkler said there would be a lot of people who would like to be “as broke as me”.

The 38-year-old acknowledged he had been through a tough couple of years but said he had learned his lessons.

“I’ve learnt a lot of lessons in business and a few more personally in the last few years and all of that goes to building character,” he said.

The former billionaire, whose fortunes collapsed as coal markets turned last year, is set to *appear before the Independent Commission Against Corruption in Sydney on Friday, an appearance he said he was looking forward to. “I look forward to appearing at ICAC and setting the record straight,” he said.

“I have nothing to hide at ICAC and I’m looking forward to putting all the rumours to bed.”

ICAC has heard allegations that Mr Tinkler’s Buildev property development group donated $66,000 to a secret Liberal Party slush fund before the March 2011 state election.

The money was *allegedly used to bankroll Newcastle Liberal MP Tim Owen’s successful election campaign.

Mr Tinkler’s previous fortune was built on coal.

He entered the coal market in 2006, aged 30, to buy some NSW coal tenements, an interest he turned into a $400 million-plus windfall. He then bought the Maules Creek coal asset from Rio Tinto in 2009 for $480m, using debt, and when he floated his company Aston Resources a year later, that project was valued by the market at about $2 billion.

Mr Tinkler then sold 10 per cent of his Maules Creek project to Japan’s Itochu for $370m, which valued the asset at $3.75bn. That was followed by a deal in December 2011 in which he merged Aston Resources into Whitehaven Coal, emerging with a 19.4 per cent stake that was valued at about $1bn at the time.

His luck ran out, however, and after doubling down once too often, and with rising bills from his other interests — mostly sport-related — he had to sell out of Whitehaven last year at *almost half of what it was worth when he bought the stake, in order to repay debts.

“It has been a tough time over the last couple of years,” he said.

“I’ve been assigned blame for just about anything that has happened in the industry for the last few years. I’m a bit sick of being its whipping boy.

“I haven’t been treated fairly, but no prizes for giving up. The people who know me have stuck by me and my team have been very supportive and good to me.

“We have a strong record in the coal industry for identifying value and I think we’ve done it again here.”

[Pico]

Looks like Tinks might have finally found a Pat'nsack buyer too, now he just needs to get through the ICAC hearing in tact then his PR team will start spinning his redemption story.



Nathan Tinkler facing probe after shifting Patinack stock from John Thompson's stable

May 12, 2014

Nathan Tinker is close to selling Patinack Farm to international interests, but is facing a Racing NSW investigation after most of his racing stock was moved out of John Thompson’s stables on Monday.

Thompson confirmed to Fairfax Media that horses which weren’t in full training have left the Randwick stable to go to Patinack properties, leaving it near empty.

“I don’t know that much [about what is going on],” Thompson said. “The horses that are racing will continue their campaigns. All I really know is, I have plenty of empty boxes I have to fill now.”

The sale of Patinack is believed to include all bloodstock and property.

Patinack had a group 3 success at Doomben on Saturday when Pretty Pins won the Chairman’s Handicap, while Peron, which finished midfield in the BTC Cup, also remains in the Brisbane stable in training under Thompson’s guidance.

Racing NSW stewards launched an investigation into where the horses are, after visiting Thompson’s stable on Monday afternoon and finding no horses or staff there.

“Our chief steward Ray Murrihy visited the stable after we received some information, which proved to be credible, and he has launched an investigation,” Racing NSW chief executive Peter V’landys said.

Tinkler has been trying to sell the Patinack Farm for more than a year but it has developed into a soap opera. It included a dispersal sale of bloodstock at Magic Millions in June last year, which turned into a fiasco when Tinkler decided to buy several of the horses back.

Magic Millions officials were forced to withdraw several lots to keep faith with its buying bench.

It has been a drawn-out end to the Patinack Farm empire that launched in spectacular fashion when Tinkler bought hundreds of horse at sales around the world in 2007, spending what has been reported as $150 million.

However, growing financial pressures on Tinkler are believed to be driving this sale.

Thompson was told of the move the horses at the weekend. He has always been loyal to Patinack but his stable has been decimated by the decision. He served as its private trainer for five years before branching out to include horses from outside clients last year. He trained more than 500 winners for Patinack, including four group 1s, the most recent Nechita in the Coolmore Stud Stakes at Flemington on Derby day in 2012.

www.smh.com.au/sport/horseracing/nathan-tinkler-facing-probe-after-shifting-patinack-stock-from-john-thompsons-stable-20140512-zramy.html

[MFKS]

Seriously this bloke is a ****ing modern day icon.

Can't understand how so many put shit on this bloke.

[plague]

Can't understand how so many put shit on this bloke.

Jealousy.

Caaaaaarrrrrnnnnnnn Tinks.

[The Dunster]

Looking forward to seeing Tinks prove all the doubters wrong.

Onya Tinks.

[belchardo]

looking forward to seeing 40 odd lawyers serving subpoenas/writs/invoices on the big marn on Friday when he rocks up at ICAC.

[MFKS]

Interesting development that he has now got the cash for this.

Seems to put a bit more uncertainty into the ownership issues the Knights have with him defaulting on the recent bank guarantee and the Members able to buy the club back for $1.

Now he is back in the money I assume he can sort that issue out also???

[Pico]

Interesting development that he has now got the cash for this.

Seems to put a bit more uncertainty into the ownership issues the Knights have with him defaulting on the recent bank guarantee and the Members able to buy the club back for $1.

Now he is back in the money I assume he can sort that issue out also???

Won’t have any real impact on the knights buy back other than to enable him to hire solicitors to fight the members club in the courts.

He has still missed the deadlines for the bank guarantee and from the heralds reports the members have already issued the buy back with Thursday the deadline for HSG’s reply.

Going to be a busy couple of days for old Tinks with the ICAC hearing to follow on Friday.

[hawk]

Interesting development that he has now got the cash for this.

Seems to put a bit more uncertainty into the ownership issues the Knights have with him defaulting on the recent bank guarantee and the Members able to buy the club back for $1.
Now he is back in the money I assume he can sort that issue out also???

he doesnt care about knoughts & nor should he. pies 1st

[belchardo]

he doesnt care about knoughts & nor should he. pies 1st

and 2nd, and 3rd, and 4th, dessert 5th, and pre-bed pie sixth.

[380]

Bloody hell could he not have done the entire deal for $ 149 mill and left us a lazy mill for a marquee.

Palmer Out !

[belchardo]

second in the dock today at ICAC.

[plague]

Don't know what the fuss is. So he donated to both sides of politics? A lot of people do.
So he overpaid the minimum amount? I thought the onus was on the political parties to not accept it.
Tinks will walk out an even bigger ledge than he walked in (if that's possible).

[belchardo]

Don't know what the fuss is. So he donated to both sides of politics? A lot of people do.
So he overpaid the minimum amount? I thought the onus was on the political parties to not accept it.
Tinks will walk out an even bigger ledge than he walked in (if that's possible).

Guess the fuss is about the fact that donations from a developer are illegal.

[hawk]

and 2nd, and 3rd, and 4th, dessert 5th, and pre-bed pie sixth.

:lol:


Bloody hell could he not have done the entire deal for $ 149 mill and left us a lazy mill for a marquee.

Palmer Out !

damn hairy palmer

[plague]

Guess the fuss is about the fact that donations from a developer are illegal.

Please re-read my original post.
I am of the understanding that the 'illegal' part is on the political party accepting the donation, not the developer donating it.
Therefore not Tinks' problem.


In other news the big man taking potshots at Jodi Mackay outside ICAC, saying there'll be no crocodile tears from him.
So glad he's our owner, such a Newy ledge.

[militiamon]

plague on the money as usual.

The whole "no donations from developers" is a new law anyway (circa 2009?), and yet to be properly tested in court. A similar law banning donations from unions was struck down.
This is just a law for NSW elections as well. The same thing doesn't exist at the federal level, so there'd be absolutely no issues if Tinkler did the same thing with Sharon Claydon or whoever.

It's the least you'd expect from the big marn.

Forza Tinks.

[Pico]

I notice much of the public media fan fare is all around tinkler but no so much around buildev directors, who were allegedly in on this stuff before old tinks got involved with them.

Also funny how the old "carpet man" is not getting more heat from the press, he registered a third party political organisation in the Newcastle alliance, then proceeded to declare they received no donations to their campaign whilst allegedly keeping the rest of the board members in the dark, surely that's some level of fraud from the Newcastle alliance or the carpet man.

Going to be interesting what old tinks has to say this arvo.

[LiverJet]

Best reply ever
"How much do you give to the Greens?" counsel assisting the commission, Geoffrey Watson, SC, said.
"I use recycled toilet paper, that makes me a hard arse. That's enough for the Greens," Mr Tinkler replied.


Read more: http://www.smh.com.au/nsw/nathan-tinklers-verdict-on-icac-the-most-boring-sht-ive-ever-seen-20140516-zrfbo.html#ixzz31rxuBbBQ

[Bremsstrahlung]

Apparently Tinks unable to pay wages of Knights players and staff. Know all Ray Warren with the news on run 'n' cuddle.



Edit: Tinks, not think.

[GazFish35]

Too busy paying for taxi windscreens

[militiamon]

And some other crackers:

On ICAC...
"Jeez, I'm starting to see why this has been going on for three weeks,"
“This is some of the most boring shit I've ever seen."

On the NSW Government...
"We had a bunch of deadbeats before and now we have a bunch of pricks scared to make a decision,"

On why he donated $50,000 to a Liberal Party slush fund...
"I'm such a great guy,"

Also seems belchardo was right, tehe:


Although Mr Tinkler was in a hurry to get out of the witness box, the arrival of a process server, armed with a claim for a debt, delayed his getaway.

A Mexican standoff occurred with Mr Tinkler taking refuge in a room reserved for witnesses at the back of the hearing room. Mr Tinkler’s lawyer Harland Koops agreed to sign the documents which were from international law firm Allen & Overy.

In the lift Mr Tinkler shrugged his shoulders when asked what the debt was over. Mr Koops quipped that it was “trivial” compared to what his client had just been through in the witness box.

Read more: http://www.smh.com.au/nsw/nathan-tinklers-verdict-on-icac-the-most-boring-sht-ive-ever-seen-20140516-zrfbo.html#ixzz31s9c62Dh


Tinks :wub:

[hawk]

tinks hasnt mentioned he owns a football team. could it be that he doesnt notice the loose change it costs.

[Pico]

Full-time for Nathan Tinkler


By By ROBERT DILLON
May 19, 2014, 11 p.m.

NATHAN Tinkler is tipped to relinquish control of the Newcastle Knights as soon as today after further crisis talks yesterday between the NRL, Hunter Sports Group and the Knights Members Club.

The cone of silence was reimposed immediately after a lengthy meeting in Newcastle, but an NRL spokesman was able to reveal ‘‘we made some progress’’ and there was likely to be information released today.

There was speculation last night that the NRL might be poised to announce a resolution to the long-running ownership wrangle, and that Tinkler’s HSG was on the verge of accepting terms for a handover.

It is understood there could be an announcement today and the handover could be completed as early as Friday.

The mining magnate’s position as the custodian of Newcastle’s rugby league franchise has looked increasingly untenable since HSG defaulted on a $10.52million bank guarantee on March 31 – a fundamental breach of the 2011 privatisation agreement.

By reneging on the bank guarantee, HSG entitled the members club to launch the process of buying the Knights back for $1.

The members club served notice of that intention three weeks ago, requesting that HSG hand over all Knights’ assets, in particular the $10.52million cash currently sitting in a joint-signatory bank account.

After early indications from HSG that it intended to challenge the buyback, Dan warned on the weekend that the members club would have no qualms about launching legal action.

The NRL assumed a neutral position in the early stages of negotiations, acting as facilitator, but the governing body’s attitude towards HSG changed dramatically on Friday, tipping the balance of power overwhelmingly in favour of the members club.

Already alarmed by a forensic audit of the Knights’ accounts that is understood to have revealed liabilities approaching $20million, the NRL was outraged when HSG failed to pay about 20 players and staff their monthly wages last Thursday.

NRL chief executive Dave Smith declared that ‘‘whatever action is necessary’’ would be taken to protect the Knights, and NRL Head of Club Services Tony Crawford declared the non-payment ‘‘completely unacceptable’’ and said ‘‘there is no place in our game for this kind of behaviour’’.

Crawford, members club chairman Nick Dan and HSG chief executive Troy Palmer are understood to have met for several hours yesterday in a bid to resolve the impasse.

It could not be confirmed last night whether the outstanding payments to employees had been made.

An NRL representative declined to comment, saying any discussion regarding the overdue wages would have to come from the Knights.

HSG’s spokesman Tim Allerton and Dan refused to talk, citing a confidentiality agreement.

Speaking after his side’s 15-14 loss to Manly at Brookvale Oval last night, Knights coach Wayne Bennett said he was unsure if players had been paid.

‘‘I can’t clarify that today,’’ he said.

‘‘We came here to play football today and we’ve all been focused on that.

‘‘I’m not in a position to talk about off-field stuff today.

‘‘We’ve been in Sydney all day. I haven’t spoken to the CEO. I haven’t spoken to anybody at all about it.’’

Playmaker Jarrod Mullen said the turmoil of the past week had not adversely affected the performance by Newcastle, who slumped to their fourth successive defeat and eighth in 10 games.

‘‘That wasn’t an issue,’’ Mullen said.

Hailed the ‘‘white knight’’ when 97 per cent of Newcastle’s members voted to endorse his takeover bid three years ago, Tinkler’s popularity with the Novocastrian faithful has plummeted as rapidly as his bank balance.

In a Newcastle Herald poll yesterday, 84.5 per cent of respondents voted that Tinkler should hand the Knights back to the members club, suggesting the one-time billionaire faces a backlash if he does not comply.

www.theherald.com.au/story/2292963/full-time-for-nathan-tinkler/?cs=306


Interesting times ahead for the jets, can't see him keeping us long term if he's lost his baby.

Wonder how long he'll stick around funding us, will he wait and try and sell us, knowing any sale would still need to be approved by the FFA, or will he try the old handing back of the license trick again.

Hopefully if the shit is going to hit the fan it happens asap, so stubbsy knows what he has to work and so it does not destabilize next season.

[Jeterpool]

Interesting times ahead for the jets, can't see him keeping us long term if he's lost his baby.

Wonder how long he'll stick around funding us, will he wait and try and sell us, knowing any sale would still need to be approved by the FFA, or will he try the old handing back of the license trick again.

Hopefully if the shit is going to hit the fan it happens asap, so stubbsy knows what he has to work and so it does not destabilize next season.

Stubbins just has to keep going along business as usual.

I said it before a few months ago, it'd be silly to assume that the FFA don't have a fall back option or have started a process of looking. Tinkler is in a process of self-destructing and this isn't any secret. I know if I were the FFA i'd be sounding out potential investors. They have a product to protect so this is part of their due dilligence.

[belchardo]

Stubbins just has to keep going along business as usual.

I said it before a few months ago, it'd be silly to assume that the FFA don't have a fall back option or have started a process of looking. Tinkler is in a process of self-destructing and this isn't any secret. I know if I were the FFA i'd be sounding out potential investors. They have a product to protect so this is part of their due dilligence.

yep, they probably do have a fall-back plan. no guarantee that fall-back involves Newcastle though. could just as easily be SE queensland, NSW south coast, southern Sydney or any other of the various locations that pop up now and again.

[plague]

so it does not destabilize next season.

As opposed to the well oiled machine our club has been run like over the last 9 years?
Our club is made of straw, built on sand in the windiest part of town.

Just embrace it.

[hausmann]

yep, they probably do have a fall-back plan. no guarantee that fall-back involves Newcastle though. could just as easily be SE queensland, NSW south coast, southern Sydney or any other of the various locations that pop up now and again.

I don't think any of those locations have the potential support that a Hunter based club has. 3 years in a row of over 10,000 members, consistent top 4 or 5 crowd figures in the league and 2 NNSW places in the FFA cup would make it a disastrous move to remove an A-League club from this region.

And the Asian Cup is being brought here as a reward to the local football community.

I think the Gold Coast > WSW will have shown the FFA that new clubs have to be set up in the right market or they will be a burden on the league.

Their best bet is an overseas buyer.

An unlikely scenario is following the Knights to Wests. They have never shown interest in the Jets and unless they see them as simply a way to assist their Knights investment I don't see them being interested. The Knights will be run by rugby league people again and football is foreign to them.

Tinkler can't hand back the license without risking financial compensation.

The other alternative is that HSG might just want to make the Jets bigger than the Knights to show the rugby league fraternity what they have missed out on. I wouldn't discount this option because it is very hard to relinquish the spotlight once you find yourself in it. To let the Jets go will mean sinking back into anonymity and the question is whether or not Tinkler and Palmer want to do this. Tinkler has shown with Pattinak Farms that he likes to be seen to be a big shot. It all depends how angry Tinkler is at the Knights people and whether he wants to show them up.

[Jeterpool]

I don't think any of those locations have the potential support that a Hunter based club has. 3 years in a row of over 10,000 members, consistent top 4 or 5 crowd figures in the league and 2 NNSW places in the FFA cup would make it a disastrous move to remove an A-League club from this region.

And the Asian Cup is being brought here as a reward to the local football community.

I think the Gold Coast > WSW will have shown the FFA that new clubs have to be set up in the right market or they will be a burden on the league.

Their best bet is an overseas buyer.

An unlikely scenario is following the Knights to Wests. They have never shown interest in the Jets and unless they see them as simply a way to assist their Knights investment I don't see them being interested. The Knights will be run by rugby league people again and football is foreign to them.

Tinkler can't hand back the license without risking financial compensation.

The other alternative is that HSG might just want to make the Jets bigger than the Knights to show the rugby league fraternity what they have missed out on. I wouldn't discount this option because it is very hard to relinquish the spotlight once you find yourself in it. To let the Jets go will mean sinking back into anonymity and the question is whether or not Tinkler and Palmer want to do this. Tinkler has shown with Pattinak Farms that he likes to be seen to be a big shot. It all depends how angry Tinkler is at the Knights people and whether he wants to show them up.

Good post

[plague]

Also: is the stadium lease with HSG or are there 2 seperate ones with Knights and Jets?

[MFKS]

Also: is the stadium lease with HSG or are there 2 seperate ones with Knights and Jets?

Hopefully with HSG.

If so Tinks should screw them over at every opportunity and hold motocrosses just before Knights games just like they have done to Football in Newy for years

[Jeterpool]

Also: is the stadium lease with HSG or are there 2 seperate ones with Knights and Jets?

http://www.theherald.com.au/story/1959202/hunter-stadium-lease-negotiated/

It looks like it's with HSG and doesn't mention if there are two parties leasing it.

[Thomas477]

Hopefully with HSG.

If so Tinks should screw them over at every opportunity and hold motocrosses just before Knights games just like they have done to Football in Newy for years

:lulz:

[MFKS]

http://www.theherald.com.au/story/1959202/hunter-stadium-lease-negotiated/

It looks like it's with HSG and doesn't mention if there are two parties leasing it.

Good then

Don't let the Knights play home games there and let the Jets play their Yoof teams out of Stade de Newy in the NBN.

Should be able to fob them off all season at the rate NBN games are washed out/pitch preserved after no rain in 3 days etc

Knights can enjoy days at Cessnock and Harker Oval

[plague]

will be interesting to see how it will be transferred. Whether there are 2 seperate lease agreements (1 for each team) that will be good, or if the entire lease is given to Wests/Members/New Knights owners in which case we go back to being a sub tenant and get truly screwed over again.

[MFKS]

will be interesting to see how it will be transferred. Whether there are 2 seperate lease agreements (1 for each team) that will be good, or if the entire lease is given to Wests/Members/New Knights owners in which case we go back to being a sub tenant and get truly screwed over again.

Couldn't understand why the agreement for stadium wouldn't be in solely HSG's name.

Basically that allows HSG as a group to make the money out of any sub deals done ie Motocrosses etc. Can't imagine they would have done it in Jets and Knights names separately.


Though I suppose with a few of the blokes employed at HSG I could see that being something they would be likely to do

[Pico]

Hunter Venues runs the stadium have done for years, HSG has no management rights over the venue, they have access during year for the teams they operate, that is all.

Hunter venues would just do a new deal with the knights members club to allow access during the winter season.

Whilst the number of members is large for newy, I'd be surprised if there was not a significant drop off if a new owner came on board and didn't have cut price packages at the same prices as HSG.

It will also be interesting to see any sponsorship drop off, and a return to a competitive sponsorship environment between the two teams and what impact that would have on the jets.

While I would like to think there is a ready made Newcastle based alternative that the FFA has just in case, I wouldn't put it past them to follow the money, wherever that leads.

I don't agree with the ego sentiment, think the two of them would love to fade back into the back drop for a bit while they try and salvage the empire. Tinks has already started to do that with selling Patinack Farm.

If the knights do go there own way & Tinks keeps the jets, I wonder if that means that we'll be in for another colour change to distance ourselves from them, a return to the gold or maybe embracing the E&C as our home kit with a new away.

[hawk]

To let the Jets go will mean sinking back into anonymity and the question is whether or not Tinkler and Palmer want to do this.

We havent really been out of this. ffa ownership could improve our lot. Ill say its a definite that ownership will change shortly.

[Thomas477]

Happy to go back to the gold or to e&c, don't mind. Just get rid of this blue and red crap. And get a real shirt manufacturer who can get the jerseys delivered before December.

[Pico]

Couldn't understand why the agreement for stadium wouldn't be in solely HSG's name.

Basically that allows HSG as a group to make the money out of any sub deals done ie Motocrosses etc. Can't imagine they would have done it in Jets and Knights names separately.


Though I suppose with a few of the blokes employed at HSG I could see that being something they would be likely to do

Has nothing to do with HSG or either clubs or the deals that would like to do, NSW government has moved to a centralised stadium management structure where all stadium management rights are held by the states NSW Venues board. Similar to QLD, where all profits are returned to the state. This replaced the structure of allowing groups to bid for stadium management rights who would then run the stadium as they pleased (Knights in the past).

Newy has an extra layer of bureaucrats (Hunter Venues) because they are supposed to be responsible for the Newcastle sports and entertainment precinct. But basically it all runs straight south to Sydney. Hunter Venues has no real power, for example they can't plan to returf or expand or do anything to the stadium that all goes through NSW Venues. Hunter Venues is basically an admin & call centre north of Sydney.

[Pico]

will be interesting to see how it will be transferred. Whether there are 2 seperate lease agreements (1 for each team) that will be good, or if the entire lease is given to Wests/Members/New Knights owners in which case we go back to being a sub tenant and get truly screwed over again.
I believe they would be individual deals, both signed with HSG though, no matter as both clubs will be treated as sub tenants of Hunter venues.

[Jeterpool]

Hunter venues would just do a new deal with the knights members club to allow access during the winter season.

So if HSG own the lease, the Jets would, theoretically, have priority. No?



Whilst the number of members is large for newy, I'd be surprised if there was not a significant drop off if a new owner came on board and didn't have cut price packages at the same prices as HSG.

This would be my fear too. However you hope that a new owner sees the benefit in keeping lower priced memberships to retain a high number of paying customers. This would be influenced by the lease they would get on the stadium, I guess. If they are getting a cut of food and beverage sales, etc, then they are more likely to keep the prices low.




It will also be interesting to see any sponsorship drop off, and a return to a competitive sponsorship environment between the two teams and what impact that would have on the jets.

Back to having no shirt sponsor again. We aren't going to be appealing because of our lack of success in recent years. Actually, since the Tinkler take-over we haven't made the finals...right?



While I would like to think there is a ready made Newcastle based alternative that the FFA has just in case, I wouldn't put it past them to follow the money, wherever that leads.

Yep. As I said earlier they have a product to protect. If the best outcoe for the product is relocation then that's how it goes. I'd still think this region has a very very strong case.



If the knights do go there own way & Tinks keeps the jets, I wonder if that means that we'll be in for another colour change to distance ourselves from them, a return to the gold or maybe embracing the E&C as our home kit with a new away.

Possibly so. No better way for Tinkler to say "I love you guys after all" and appeasing us by doing such a move while increasing merchandise sales as well.

[Pico]

So if HSG own the lease, the Jets would, theoretically, have priority. No?.

nah, not really, think of it as just the same as Suncorp or the SFS. each club has their own season & lease agreement with any double up (unlikely as only two codes and draws are produced after the preceding draw is in motion so plenty of time to avoid them) to fall to the biggest money spinner for the stadium (think concerts trumping football games as they are guaranteed revenue for the stadium).



Back to having no shirt sponsor again. We aren't going to be appealing because of our lack of success in recent years. Actually, since the Tinkler take-over we haven't made the finals...right?.

No great loss as far as main shirt sponsor, its not like we have had any one for the past 3 years really. It could actually help as the new owner could have connections, their own business to sponsor the team or simply lower the asking price as its only for one team over 6 months instead to the year round deal HSG was shopping around.

I was thinking more along the lines of the smaller westrac, Aurizon NIB etc. Those companies who have jumped on board the dual sponsorship of both clubs, will they stick around or pick one over the other.



Possibly so. No better way for Tinkler to say "I love you guys after all" and appeasing us by doing such a move while increasing merchandise sales as well.

Was exactly what I was thinking, a good way of appeasing the jets fans, bring back the gold etc, a good FU to the knights & lastly a good chance to flog some merch which we have heard in the past we have been a good performer for merch sales but with the limited change of the home kit over the last few years a larger change could be a chance to cash in.

Does any one remember when the ISC deal runs out. I thought it was a three season deal. It would not surprise mas if it was one of the reasons for the change in the away kit last year to allow ISC to cash in on merch before their deal ended.

[plague]

So in answer to my question no one really knows for sure then (y'all could have just said that you know).

[Jeterpool]

So in answer to my question no one really knows for sure then (y'all could have just said that you know).

Where's the fun in that?

[militiamon]

As opposed to the well oiled machine our club has been run like over the last 9 years?
Our club is made of straw, built on sand in the windiest part of town.

Made me lol. Perfect.

[Pico]

Knights finally paid but club still in limbo

By ROBERT DILLON
May 20, 2014, 10:30 p.m.

NEWCASTLE Knights players and staff are understood to have been paid their overdue wages but the club’s ownership wrangle remains unresolved.

Despite anticipation that there might be an announcement yesterday, confirming embattled Knights owner Nathan Tinkler was relinquishing control of the club, the long-running impasse continued.

The Newcastle Herald understands that, barring an 11th-hour breakdown in negotiations, it remains a case of when, not if, Tinkler steps aside.

An announcement is expected within a matter of days but an NRL spokesman said yesterday the governing body was not in a position to release a statement.

It was unclear if this was because there had been last-minute haggling between the NRL, Tinkler’s Hunter Sports Group and the Knights Members Club, or whether the NRL had delayed releasing any news so that it did not detract from or overshadow the naming of the NSW Origin team yesterday.

An NRL spokesman told the Herald: ‘‘There will be no statement from the NRL today.

‘‘The talks are ongoing and the pay issue will be addressed when we are in a position to discuss the outcome of negotiations.’’

The NRL, HSG and members club met in Newcastle for crisis talks on Monday lasting several hours.

All parties were bound by a confidentiality agreement but the NRL was able to reveal ‘‘we made some progress’’.

It is understood that Tinkler’s HSG was on the verge of accepting terms for a handover, although as one source told the Herald yesterday: ‘‘It wouldn’t be the first time they have tried to move the goalposts at the last minute.’’

Tinkler has appeared on borrowed time since March 31, when HSG reneged on an agreement to provide a $10.52million bank guarantee. That entitled the members club, under the terms and conditions of Tinkler’s 2011 takeover, to start the process of buying the Knights back for $1.

That course of action was put on hold during protracted negotiations, which are understood to have revolved mainly around how HSG was going to address liabilities rumoured to be in the vicinity of $20million.

The NRL’s patience ran out on Friday when news broke that a host of high-profile players and staff had not been paid their monthly wages.

NRL chief executive Dave Smith said he would ‘‘take whatever action is necessary’’ to protect Knights employees.

The NRL’s head of club services, Tony Crawford, who has overseen negotiations between HSG and the members club, labelled the non-payment ‘‘completely unacceptable’’ and and warned ‘‘there is no place in our game for this kind of behaviour’’.

HSG chief executive Troy Palmer issued a statement in which he said HSG ‘‘would not invest further funds into the Newcastle Knights until the current ownership dispute with the members club was resolved’’.

He added that ‘‘HSG will ensure any outstanding wages are paid next week’’.

Speaking after Monday night’s loss to Manly, Knights coach Wayne Bennett could not clarify whether players and staff had been paid.

‘‘I’m not in a position to talk about off-field stuff today,’’ he said. ‘‘We’ve been in Sydney all day. I haven’t spoken to the CEO. I haven’t spoken to anybody at all about it.’’

HSG and the NRL would not comment on the wages issue yesterday but the Herald was told all employees had been paid.

A manager of one high-profile Newcastle player confirmed his client had received his salary.

www.theherald.com.au/story/2295856/knights-finally-paid-but-club-still-in-limbo/?cs=306


I've got a feeling this is not just going to be some simple handover of the club, like the blokes is just going to be happy to wear the $20m loss and then give up the club as well.

[MFKS]

Yeah whatever they say!!!


Believe that when I see it type of stuff.


Do find hilarious that Tinks has kept all his deals with us and continues to look after our club despite us being a drain on his resources and he allegedly has no interest in soccer etc

His love The Knights keep getting shafted by him whilst we sail through calm waters with out a care in the world.


All things point to the Knights being No 1 and us a distant No 2
Reality would be it ain't

Gee there is some irony in this

[Pico]

Nathan Tinkler sells Patinack Farm


By COLIN KRUGER
May 21, 2014, 10:40 a.m.

Nathan Tinkler has reached an agreement to sell off his thoroughbred racing and breeding operation, Patinack Farm, for an undisclosed sum to an undisclosed consortium of buyers consisting of ''local and overseas parties from the Middle East.''

A statement from his group said the sale, which will be on a "walk in, walk out" basis, was negotiated by UAE based investment firm Cibola Capital.

''Sale contracts have been exchanged and the transaction will be completed in the coming weeks,'' the Tinkler Group said.

"I am extremely pleased to agree the sale of Patinack Farm to an ambitious group who will continue to build on the foundations we have laid over the last six years,'' said Mr Tinkler in a prepared statement.

''I am also satisfied that the investment I have made into the Patinack Farm facilities and bloodlines will continue and that Patinack staff will be offered employment.''

Mr Tinkler's financial difficulties has lead to late payment of staff wages both at Patinack, and more recently the Newcastle Knights.

His failure to provide a bank guarantee means the Knights Members Club is entitled to buy the club back from the former billionaire for $1.

Tinkler indicated that the Patinak sale will allow him to focus his dwindling resources on the business where he made his fortune mining.

"As I now reside overseas and my focus is on our core operations in resources and mining, I am pleased to secure new owners who will take this project forward. The sale will allow further capital to be used in the development of our existing operations" he said.

Last week, Tinkler purchased Peabody Energy's Wilkie Creek mine in Queensland for $150 million.

Cibola Capital chief executive Daniel Kenny said: "Our consortium is delighted to secure the purchase of Patinack Farm and we are excited about growing the business by investing in breeding and racing across Australia and internationally.

"We are planning to expand the current operation offering a mixture of proven and new stallions for every breeder in Australia. We look forward to announcing our stallion line-up and operational structure in the coming weeks.''

Patinack Farm comprises of three major properties including a 3,300 acre breeding facility at Sandy Hollow in the NSW Hunter Valley, a 1,000 acre training facility and stud at Canungra on the Gold Coast and 950 acres of undeveloped horse country at Monegeetta, Victoria close to the racecourses of Melbourne

www.theherald.com.au/story/2296809/nathan-tinkler-sells-patinack-farm/?cs=305


Looks like the big man is keen to step away from the heavy losses in the sports sector.

I can imagine all these cookie cutter PR statements being rolled out for the Knights or Jets if he loses/sells up.

[Pico]

Do find hilarious that Tinks has kept all his deals with us and continues to look after our club despite us being a drain on his resources and he allegedly has no interest in soccer etc


Not sure exactly how we are a drain on Tinkler, our salary cap is much smaller than the knights and is covered by our TV distribution unlike the NRL. We also only have the Senior team and the youth league unlike the knights that have at least twice the number of teams and probably have higher wages for the youth/lower tier teams.

[Grimario]

Pico, stop using the truth to make valid arguments.

[plague]

He'd still be making a loss on the Jets.
Other overheads are pretty darn big.

[Grimario]

Obviously... but compared to the massive loss on the Knights, it's less of an issue.

[GazFish35]

The Jets are much better liqufiable asset than the Knights.

he can sell us, PSG might need to buy us like Man city are doing.


he can make money keeping us tiking over and selling us on.
the knights are not able to turned into cash.



all this becasue he didnt get his coal loader.
ive no doubt the only reason he bought both teams was to buy goodwill amongst the community.

[Premy]

Newcastle Saint Germain.

[lquiquer]

Newcastle Saint Germain.

Red and Blue

[Jetmaster]

Tinks would be aware of the value of a football club now he in ensconced in Singapore - would be no surprise if he is shopping the club around Asia.

[Pico]

Tinks would be aware of the value of a football club now he in ensconced in Singapore - would be no surprise if he is shopping the club around Asia.

Was it not already reported, in the telegraph I believe, that tinks has John Singleton shopping us around for him.

[MFKS]

NEWCASTLE Knights players have been receiving abusive text messages from tyrannical owner Nathan Tinkler’s phone.

Only days away from being forced to hand back Newcastle’s NRL licence after a spectacular collapse as club owner, The Daily Telegraph can reveal some players have been receiving the out-of-line text messages for most of this season.

Currently one of rugby league’s most-loathed individuals, Tinkler’s reputation is poised to take a further hammering amid revelations the one-time billionaire’s phone was used to brand players “soft” and claim the club has “no heart”.

The Daily Telegraph has been told out-of-form fullback Darius Boyd has been one player who has come under fire in the text messages, including one message which insinuated the Queensland and Australian representative could be traded prior to the NRL’s June 30 transfer window.

Another player who has regularly received text messages being critical of the club and other teammates is star five-eighth Jarrod Mullen, with other senior players also believed to have been on the receiving end.

The messages were being sent as early as round two this season, with the Knights losing their opening three games of the year to Penrith, Canberra and Melbourne. The Daily Telegraph has been told the texts continued until recently.

The failed Knights owner promised to turn Newcastle into an NRL superpower when he privatised the traditionally blue-collar club in 2011.

But the Newcastle community’s patience for the tycoon’s litany of excuses about late payments to players and staff has finally run out, with the NRL poised to end the ownership feud early next week.

Contacted about the text messages, Tinkler’s right-hand man from Hunter Sports Group, Troy Palmer, said via text message: “I assume you have evidence of this as this is a serious allegation and will take whatever action available.

“Nathan has always had an excellent relationship with players. They love him. You obviously haven’t heard about how he visited Alex (McKinnon) last week a day before his ICAC hearing and helped Alex with the first movement of his legs.”

The ironic element of the messages to Boyd is the fact the Newcastle fullback is owed a $200,000 third-party payment and is fuming about the way he’s been treated.

Boyd has a get-out clause in his contract if supercoach Wayne Bennett is no longer the Newcastle coach, which appears an increasingly likely scenario given the seven-time premiership-winner’s contract is with Tinkler’s Hunter Sports Group.

Troubled owner Nathan Tinkler is set to relinquish control of the Newcastle Knights this week,after the Knights Members Club called for Tinkler's Hunter Sports Group to transfer assets back to the members

The Knights ownership dispute is expected to finally be brought to a head early next week, with the NRL head of club services Tony Crawford in continued negotiations with Tinkler, HSG and the Knights Members Club.

The Knights Members Club have been attempting to exercise their right to buy the club back for $1 for the past month, with the terms of the privatisation contract stipulating it must come debt-free.

A crucial element of the handover to the Members Club is also the $10.52 million Westpac bank guarantee.

Given the way Tinkler has chosen to do business at the Knights, there are fears the club’s level of debt could greater than previously thought.

This is most likely what the NRL has been attempting to resolve for the past eight weeks, when all parties involved have been gagged from speaking publicly.

****s are coming last and are offended the bloke putting in the $$ criticises their incompetence. FFS

[GazFish35]

Tinks calling it as he sees it and telling it like it is.

How can the whinge about being told they are crap when clearly they are indeed crap.

No icac investigation needed to show the text messages were bang on and the brave fearless warriors of the national rugby league should grow a ****ing pair of testicles and accept some stick from the guy paying their wages.

[Jetmaster]

Apart from the McKinnon story I have laughed long and loud at the misfortune befalling the Knoughts since the New Year. Thugs going to court and jail, crowds half what they once were (no doubt helped by the older demographic dying off in greater numbers each year), playing like pussies and bottom of the table.

How far the mighty have fallen. They could come out of this in a bad way, with a worse debt than they went in with.

I agree with the earlier comment that all of this comes down to the coal loader.

[plague]

Tinks' comments are about 1/1000th of what they cop on the Comrade Herald letters page and website.
Lucky half the players can't read or they might get really offended.
Now you've got your Mad Dogs and Johns boys crying to "give our club back" when most of these same blokes were more than happy to barrack for the big man to be given the club in the first place ( and no doubt compensated generously for their support). I hope Tinks digs in and doesn't give an inch. Ungrateful ****ers have short memories.

[Jeterpool]

Tinks' comments are about 1/1000th of what they cop on the Comrade Herald letters page and website.
Lucky half the players can't read or they might get really offended.
Now you've got your Mad Dogs and Johns boys crying to "give our club back" when most of these same blokes were more than happy to barrack for the big man to be given the club in the first place ( and no doubt compensated generously for their support). I hope Tinks digs in and doesn't give an inch. Ungrateful ****ers have short memories.

Same thing happended to us...so if history is repeating Tinks will have a complete turnaround and keep the club, fans never really trust him again. They will sack the current coach and release his preferred player (i.e. Bennet and Boyd) and will bring back the last coahc who brought them to the premiership (i.e. Michael Hagan) who last time left after taking a team that a muppet could coach to the premiership. He will talk about playing a high tempo/pressure game and will fail. Noughts will finish just outside the playoffs for the next few years before mediocrity is realised and the fans demand a change. New coach is then sacked mid season when his assistant steps in and a new coach is recruited form overseas in a deemed inferior league (i.e. UK).

That's my prediction anyway

[Jetmaster]

Difference is we had a Griff to turn to.

[Jeterpool]

Difference is we had a Griff to turn to.

Yes....I forgot that bit. Wouldn't have a clue what player in their prime the Noughts have lost who can come back...

[Premy]

Yes....I forgot that bit. Wouldn't have a clue what player in their prime the Noughts have lost who can come back...Danny Wicks:lulzturtle:

[militiamon]

tbh I hope Tinks sent the same messages to our players last season.

Forza Tinks :wub:

[The Dunster]

Compared to a lot of the clowns playing League Danny Wicks is the ideal role model.

[hawk]

Apart from the McKinnon story I have laughed long and loud at the misfortune befalling the Knoughts since the New Year. Thugs going to court and jail, crowds half what they once were (no doubt helped by the older demographic dying off in greater numbers each year), playing like pussies and bottom of the table.

How far the mighty have fallen. They could come out of this in a bad way, with a worse debt than they went in with.



:lulzturtle::lulzturtle::lulzturtle::lulzturtle::l ulzturtle::lulzturtle::lulzturtle::lulzturtle::lul zturtle::lulzturtle:

[Pico]

Compared to a lot of the clowns playing League Danny Wicks is the ideal role model.

Broke the law not women's faces.

[q-money]

all over, hail tinks - our one and only overlord and the one true god

http://www.theherald.com.au/story/2302818/nathan-tinkler-hands-back-newcastle-knights/?cs=303

[The Dunster]

The Knights have always been a basket case and with the way they have treated Tinks it's easy to see why.

THey have been poorly managed since day one and with Tinks out it looks like the crap will continue.

[plague]

The Knights have always been a basket case and with the way they have treated Tinks it's easy to see why.

THey have been poorly managed since day one and with Tinks out it looks like the crap will continue.


you dont know the harf of it.
Wait til Wests come in and then try and actually break even/make a dollar. Fans are going to get rogered.



shame really.


More Tinks for us!!!!
hail!!!

[hawk]

you dont know the harf of it.
Wait til Wests come in and then try and actually break even/make a dollar. Fans are going to get rogered.
!!!

more good news

:rof::rof::rof::rof::rof::rof::rof::rof::rof::rof:

[GazFish35]

Who's he gonna sell us to?

A Russian?
A Thai?
An Arab?
A novocastrian?

[hawk]

Who's he gonna sell us to?

A Russian?
A Thai?
An Arab?
A novocastrian?

lowy

[Pico]

Who's he gonna sell us to?

A Russian?
A Thai?
An Arab?
A novocastrian?
Singaporean?

[lquiquer]

Who's he gonna sell us to?

A Russian?
A Thai?
An Arab?
A novocastrian?

Francais ........oui oui......PSG: Ici c'est Newy

[Premy]

lowy
He doesn't have long left in the top job he may want his finger still in the pot

[GazFish35]

Francais ........oui oui......PSG: Ici c'est Newy

They're owned by Qatar

[Skirt Boy]

So does this mean the Knights have to pay us to use the stadium or are we going back to the days of being screwed?

[Pico]

So does this mean the Knights have to pay us to use the stadium or are we going back to the days of being screwed?

Nah everyone gets screwed now cause the NSW government now runs and takes all the profits from the stadium.

In positive news that same government is considering giving over $250m to two of the only independently operated stadiums (you know the ones where the private operator makes large sums of money on the hiring of the venues, unlike hunter & parra stadiums where the profits go to the government) in NSW to put roofs, WIFI & some more expensive suites and food outlets in, but apparently the government can't find any spare cash to put in a half decent pitch in its own venues, go figure.

[MFKS]

Nah everyone gets screwed now cause the NSW government now runs and takes all the profits from the stadium.

In positive news that same government is considering giving over $250m to two of the only independently operated stadiums (you know the ones where the private operator makes large sums of money on the hiring of the venues, unlike hunter & parra stadiums where the profits go to the government) in NSW to put roofs, WIFI & some more expensive suites and food outlets in, but apparently the government can't find any spare cash to put in a half decent pitch in its own venues, go figure.

What ground you referring to ??

Allianz??

Cause apparently there is some deal made when the Olympic Stadium was built that means Allianz can't be upgraded until 2020>>30 something

[Premy]

What ground you referring to ??

Allianz??

Cause apparently there is some deal made when the Olympic Stadium was built that means Allianz can't be upgraded until 2020>>30 something
http://m.dailytelegraph.com.au/news/nsw/new-hitech-plan-for-allianz-stadium-has-footy-fans-covered/story-fni0cx12-1226922080457

[Pico]

What ground you referring to ??

Allianz??

Cause apparently there is some deal made when the Olympic Stadium was built that means Allianz can't be upgraded until 2020>>30 something

SFS (Allianz Stadium) & Olympic (ANZ) Stadium, both have proposed $250m approx. upgrade costs. Both Privately administered. Both return zero money to the government's NSW Venues. Meanwhile parra will not get another cent above the already approved grant, there will be no new western sydney stadium at this point & hunter stadium well just look at it, says it all really.

All it will mean is that ANZ will get a compensation package if SFS is upgraded, I'd say the government will roll the compo and grant into one to make it look like they are getting their monies worth.

[plague]

hunter stadium well just look at it, says it all really.
.

What? You mean the two new grandstands.
Were you born in 2009 mate?


Goodness me.

[lquiquer]

717

One day... Maybe!!!!????

[Jeterpool]

717

One day... Maybe!!!!????

Maybe....

[Premy]

717

One day... Maybe!!!!????
It will one day when its needed, thing is right now it's not needed neither us or the knoughts get close to 33,000 regularly. I would settle for a first class surface and a standing concourse on the southern hill in the time being.

Edit: In a utopia I would love a brand new nice little 17-20k seater built in at the Athletics track in town.

[Pico]

What? You mean the two new grandstands.
Were you born in 2009 mate?


Goodness me.

I was referring to the continued neglect of the pitch & the proposed funding of private held stadia. Do you think its perfectly fine to go and fund these privately held stadiums (for of all things roofs, restaurants & WIFI), stadiums that are in better condition then Hunter stadium currently, stadiums that are actually complete, to the tune of $250m+ whilst the governments own stadiums can't even get repairs funded, especially leading into major events like the Asian Cup.

When your grassed spectator hill is in far better condition than your pitch questions should be asked about whether the SFS & Allianz are really in need of this money & why the government should be paying for the private sectors stadium upgrades, putting aside the fact its a nice flashy way of pushing the privatized power pole infrastructure the government wants passed.

If the SFS & ANZ stadiums want money they can have it with the same strings attached as what Newcastle has been lumped with, they can hand over total control to NSW Venues.

As for the two new stands we could have done without them in their current form anyway, one single tiered lower bowl was all that was necessary, how often does the place get over 24k? Instead we got this half and half stadium, with a terrible aging pitch (15 years & 2 redevelopments since any major works on it) & still poor spectator amenities (Yes improved but really demountable toilet blocks don't exactly shout "World Class Stadium" despite what the government PR machine would like us all to believe). The big push was for more modern corporate suites, well I used these suites at the last jets game, and the corporate level had nearly as many security guards as patrons & that's in addition to the empty eastern suite and the empty Hill boxes.

[Pico]

Maybe....

I hope not, Its not needed and probably won't be needed for many, many years.

All Hunter stadium needs is to replace the hills with ONE single tier stand back to about the same point as the grass hill, with a large walkway behind it to allow pedestrian flow to enter the stand from the rear and walk down. No need for these multiple levels and small stairs all over the place with sight lines obstructed by balustrades and signage.

All hunter stadium needed to be was designed as a single tier bowl...

http://en.wikipedia.org/wiki/Keepmoat_Stadium

http://cms.ukintpress.com/UserFiles/Stadia%20News/2012/x1.jpg

http://stadiums.football.co.uk/Images/Photos/Large/56-1.jpg


Another Example of single tier current configuration but the ability to expand as the need arises.

http://en.wikipedia.org/wiki/Stadium_mk

http://upload.wikimedia.org/wikipedia/commons/thumb/b/b7/StadiumMKEnglandU21.jpg/300px-StadiumMKEnglandU21.jpg

http://1.bp.blogspot.com/-PE7AixdrXUk/Tuoskwv0WQI/AAAAAAAAAfA/hzoY5Nq5jrA/s1600/CIMG3162_2.jpg

http://footballstadiums.files.wordpress.com/2010/07/mk-dons-panorama2.jpg

An example of how you start with a solid single tier then expand in sections as necessary

http://stadiumdb.com/img/news/2014/03/30ccfc2.jpg

http://stadiumdb.com/img/news/2014/03/30ccfc4.jpg

http://stadiumdb.com/img/news/2014/03/30ccfc5.jpg

http://stadiumdb.com/img/news/2014/03/30ccfc3.jpg

[plague]

I was referring to the continued neglect of the pitch & the proposed funding of private held stadia. Do you think its perfectly fine to go and fund these privately held stadiums (for of all things roofs, restaurants & WIFI), stadiums that are in better condition then Hunter stadium currently, stadiums that are actually complete, to the tune of $250m+ whilst the governments own stadiums can't even get repairs funded, especially leading into major events like the Asian Cup.

When your grassed spectator hill is in far better condition than your pitch questions should be asked about whether the SFS & Allianz are really in need of this money & why the government should be paying for the private sectors stadium upgrades, putting aside the fact its a nice flashy way of pushing the privatized power pole infrastructure the government wants passed.

If the SFS & ANZ stadiums want money they can have it with the same strings attached as what Newcastle has been lumped with, they can hand over total control to NSW Venues.
As for the two new stands we could have done without them in their current form anyway, one single tiered lower bowl was all that was necessary, how often does the place get over 24k? Instead we got this half and half stadium, with a terrible aging pitch (15 years & 2 redevelopments since any major works on it) & still poor spectator amenities (Yes improved but really demountable toilet blocks don't exactly shout "World Class Stadium" despite what the government PR machine would like us all to believe). The big push was for more modern corporate suites, well I used these suites at the last jets game, and the corporate level had nearly as many security guards as patrons & that's in addition to the empty eastern suite and the empty Hill boxes.

NSW venues can change/fix the field whenever they want. Nothing is stopping them........oh except the fact everyone wants someone else to pay for it.
Trouble is (and the counter to your argument) is the Hunter Stadium is a monopoly so therefore we get what we are given. Olympic and SFS are continually competing (and providing for many many more events than Hunter Stadium) so therefore they always have leverage against each other for attention.
I've got no prob with your glass have empty approach but geez we aren't doing too bad.

[plague]

putting aside the fact its a nice flashy way of pushing the privatized power pole infrastructure the government wants passed.

....despite what the government PR machine would like us all to believe.

Oh, sorry cuz. I just re-read your post. Now I get where you're coming from.
We probably can't continue our conversation.

Good luck with it all though.

Solidarity forever huh.

[Pico]

NSW venues can change/fix the field whenever they want. Nothing is stopping them........oh except the fact everyone wants someone else to pay for it.
Trouble is (and the counter to your argument) is the Hunter Stadium is a monopoly so therefore we get what we are given. Olympic and SFS are continually competing (and providing for many many more events than Hunter Stadium) so therefore they always have leverage against each other for attention.
I've got no prob with your glass have empty approach but geez we aren't doing too bad.

If the government insists on owning and managing the venues through NSW Venues then surely its their responsibility to pay for the on going maintenance, or should the leasee now pay for fixing the governments pitch for them? Would seem a little backwards to me that private sector pays for critical repairs to government owned venues while the government pays for private operated venues to have luxury expansion's.

[Pico]

Oh, sorry cuz. I just re-read your post. Now I get where you're coming from.
We probably can't continue our conversation.

Good luck with it all though.

Solidarity forever huh.

I have no idea what this is all about.

[Pico]

Tinkler's dramas at the Knights have raised fears that similar problems could occur with the other sporting club he owns in the region, the Newcastle Jets.
“FFA has discussed the situation with the Newcastle Jets management this week and we have been given an update on the club’s off-season plans," said an FFA spokesperson.
“The Jets are planning their 2014/15 roster under a new head coach Phil Stubbins and the club is well-advanced with the membership campaign for Season 10.
"However, FFA is not in a position to comment about Hunter Sports Group’s business interests and dealings outside of football.
“FFA can reaffirm its commitment to Newcastle’s place in the Hyundai A-League for Season 10 and beyond.”

www.smh.com.au/rugby-league/league-news/newcastle-knights-worse-off-due-to-tinkler-says-former-boss-steve-burraston-20140524-zrn7q.html#ixzz32fm4UiwW


No surprise that the FFA is not saying much at the moment, apart from their same standard HSG statement. Hopefully they have a back up plan in case he walks.

[Pico]

Despite the acrimonious split, Nathan Tinkler leaves Knights with $5m sponsorship gift
BARRY TOOHEY
THE DAILY TELEGRAPH
MAY 25, 2014 12:00AM

THE party might have ended for Nathan Tinkler at the Newcastle Knights but it hasn’t stopped him leaving behind a farewell gift — a $5 million sponsorship.

It’s understood the deal, worth $1 million a year over five years, was negotiated and agreed on between Tinkler’s Hunter Sports Group and the NRL during the handover process last week.

HSG CEO Troy Palmer confirmed the figure on Saturday during an interview with The Sunday Telegraph, claiming that while Tinkler has relinquished his ownership of the Knights and will have no future role in running the club, he still wants the Knights to prosper.

“Just because he is going doesn’t mean he is any less a supporter of the club,” Palmer said.

“Like everyone in Newcastle, he wants to see the club do well and still wants to do his bit to help make that happen.

“Contrary to what some people seem to think, he is willing to step up when others don’t.”

Palmer said the sponsorship will be attributed to a company of Tinkler’s choosing when the time comes.

Tinkler’s act of goodwill may be looked apon with scepticism by his many critics who are happy to see the back of him but Palmer said the sponsorship offer is genuine and has been agreed to by the NRL.

While speculation continues to swirl around about the state of the Knights books and just how much debt the club has accumulated over the three years since Tinkler was in charge, Palmer is adamant it is less than the $10.52 million the Knights currently have sitting in a bank account.

He scoffed at rumours of debts approaching $20 million and significantly, claimed HSG will meet all their financial obligations.

“The total debts of the club are considerably less than the $10.52 million term deposit,” he said.

“HSG will take responsibility for all liabilities.”

That will be music to the ears of Wests Group management, who are being courted by the NRL to play a big role in back-rolling the Knights going forward following Tinkler’s departure.

It’s understood Wests are interested but understandably, won’t get involved if they are asked to cover existing debt.

Meanwhile, the future of coach Wayne Bennett and his staff remains clouded although suggestions all their contracts are now null and void because they are with HSG and not with the Knights is a fallacy according to Palmer.

“Wayne and all his staff are contracted to the Newcastle Knights and always have been,” Palmer said.



So tinks is even going to keep pouring money in once he leaves, what a top bloke. Interesting that he can just nominate one of his companies at a later date probably wants to avoid another hunter ports repeat.

[belchardo]

http://theworldgame.sbs.com.au/news/1188957/Griffiths-seals-new-one-year-dealhttp://www.theherald.com.au/story/2366112/jets-future-clouded-tinkler-declares-sport-days-over/?cs=303

Tinks confirms he's trying to sell the jets.

[WolfMan]

He does? That link takes me to Griffo re-signing from last month

[Grimario]

http://www.theherald.com.au/story/2366112/jets-future-clouded-tinkler-declares-sport-days-over/?cs=303

[belchardo]

lol, copied the wrong link :)

lack of sleep isn't affecting me at all.

[Thomas477]

Good. Maybe the new owners can smack Middleby and get a decent CEO, one who's past experience isn't running a football club into the ground.

[q-money]

http://www.theherald.com.au/story/2401638/48m-black-hole-in-t4-plan-poll/?cs=303

they didn't let tinks build his coal loader, now they let these jabronis screw newy for 47.5 million

smh

[westjet]

http://www.foxsports.com.au/nrl/nrl-premiership/nathan-tinkler-opens-up-about-the-patinack-sale-and-failed-ownership-of-newcastle-knights-and-jets/story-fn2mcuj6-1227032440603


But the billionaire miner has been embittered by his NRL experience and concedes he doesn’t miss his time as the club’s owner.

“I’ve been very good to Newcastle,’’ Tinkler said. “But that place hasn’t done anything but shit on me.

“I was disappointed with the way the team (Knights) went this year, the same as everyone was, Wayne (Bennett) was.

“But I didn’t manage that team, I didn’t choose who to recruit, and I got sick of being blamed for it to tell you the truth and that became the catalyst for me to drop that.

“The Newcastle Jets are for sale, as well, I can’t wait to get them out the door, too.’’

[belchardo]

Bit of a dumb thing to say really. Puts you in a pretty weak negotiating position.

[snake]

Bit of a dumb thing to say really. Puts you in a pretty weak negotiating position.

doesn't need the money mate. you'd love to be as broke as he is

[Thomas477]

Good riddance. Will be glad to see him go out the door and for us to return to wearing the gold.

[Jetmaster]

Motivated vendor - we'll be a bargain $6-7 million, but probably worth a few more mill than that.

[BodyNovo]

about time the sky started falling a bit.

way to much positive news for one off season.

[Jetmaster]

about time the sky started falling a bit.

way to much positive news for one off season.

This is not positive news ?

Hope RM is off overseas to fellate cashed up entities.

[westjet]

So if we apply hsg logic does that mean we will be celebrating our first birthday this year when we are sold?

[Pico]

So if we apply hsg logic does that mean we will be celebrating our first birthday this year when we are sold?

http://1od3zx213rt73syv4525iohrs2q.wpengine.netdna-cdn.com/wp-content/uploads/2012/05/12bneuralizer.png

[plague]

Still a ledge.
Onya Tinks.

[Bon]

Good riddance. Will be glad to see him go out the door and for us to return to wearing the gold.

This. Bring back the gold!!!!

[GazFish35]

**** it, toby fire up the wagon, lets get this show moverd back to birmingham gardens.

[Jeterpool]

This. Bring back the gold!!!!

Easy way to win the fans over very quickly - while getting an income from shirt sales.

[Jetmaster]

RM and Aaron Kearney just on ABC now. There have been negotiations going on with prospective Asian buyers for some time.

It was all being kept hush hush until Fatboy let fly to the Telegraph.

[lil_masi]

RM and Aaron Kearney just on ABC now. There have been negotiations going on with prospective Asian buyers for some time.

It was all being kept hush hush until Fatboy let fly to the Telegraph.

Theres been rumours for a while, not details though.

[plague]

There have been negotiations going on with prospective Asian buyers for some time.


Asians > Russians.

[lquiquer]

@JamesGardiner42: Nathan tinkler confirms on 2ky that he in talks with European clubs to buy @NewcastleJetsFC. Hopes to ramp talks up. @newcastleherald

[Premy]

@JamesGardiner42: Nathan tinkler confirms on 2ky that he in talks with European clubs to buy @NewcastleJetsFC. Hopes to ramp talks up. @newcastleherald
European Club???
I along with you lquiquer will be over the moon with you know who.

[Frodo]

RM and Aaron Kearney just on ABC now. There have been negotiations going on with prospective Asian buyers for some time.

It was all being kept hush hush until Fatboy let fly to the Telegraph.

Probably Vincent Tan from Cardiff. He'll rename us Cardiff City and make us wear Red?

[leftrightout]

I am really starting to believe Euro clubs investing in the A-league could be the biggest thing to happen to the game in this country. Having links with the biggest clubs in the world and being financially strong, the game will just grow bigger and bigger.

[Grimario]

Probably Vincent Tan from Cardiff. He'll rename us Cardiff City and make us wear Red?

As long as he relocates us to Cardiff and we play in Cardiff, that would work.

[Grimario]

http://www.theherald.com.au/story/2506125/nathan-tinklers-hsg-announces-newcastle-jets-for-sale/?cs=303

UPDATE: Nathan Tinkler has confirmed he has held preliminary talks with a number of European clubs over the sale of the Newcastle Jets.

Tinkler confirmed on Sydney radio station, Sky Sports Radio on Friday morning that talks have been happening for some time with clubs in England, Germany and Spain.

The mining magnate said that those clubs were best placed to provide a strong future for both the Jets and football as a whole in the region.

"German, Spanish, and English clubs are best placed to groom young talent in Australia. If we can do a deal with one of those countries it will put the Jets in a better spot and it will be a win for the community and everyone involved.

"We've been in talk with a number of Premier League and European clubs, they've been going on for a little while.

"Anyone that supports or owns an A-League would understand that (European ownership) is the future. The transfers fees paid by the big European organisations could run an A-League club," said Tinkler.

Nathan Tinkler took over the club from embattled businessman Con Constantine in 2010.

The Herald has previously reported that Tinkler had engaged a consultant to try to sell the club in Asia.

A number of A-League clubs are owned by foreign investors, with Manchester City recently purchasing a majority stake in the Melbourne Heart, now Melbourne City FC, whilst the Brisbane Roar are owned by an Indonesian investment group.

[hawk]

@JamesGardiner42: Nathan tinkler confirms on 2ky that he in talks with European clubs to buy @NewcastleJetsFC. Hopes to ramp talks up. @newcastleherald

QPR would be our fit

[Grimario]

QPR would be our fit

Bishops Stortford.

[Bon]

QPR would be our fit

Wasnt there a rumour ages ago that it was the owner of Leicester?

[Thomas477]

It'll be a club with Arab money, so PSG would spring to mind?

[borat]

Why all of a sudden with the media appearances, press and statements? Everyone knew for quite sometime that the Jets were for sale. HSG essentially confirmed it by not commenting to the rumours.

Tinks shies away from publicity and media yet today he appears on 2KY the same morning that Middleby is on ABC radio. As stated earlier it makes Tinks look like a desperate seller so I don't see the logic. The publicity might attract other bidders but they may as well advertised on Gumtree with the level of finesse they have used.

I think there is more to this and I suspect it will be revealed in about 4-6 weeks when Tinks walks away after an "exhaustive" search to find a buyer

[MFKS]

This. Bring back the gold!!!!

**** the gold.

We gonna change colours again lets get our colours right. Get the Newy colours on our shirt every week


E and C all the way.

[plague]

It'll be a club with Arab money, so PSG would spring to mind?

Considering how easily we are overrun a French club would be a perfect fit.

[Rocknerd]

@JamesGardiner42: Nathan tinkler confirms on 2ky that he in talks with European clubs to buy @NewcastleJetsFC. Hopes to ramp talks up. @newcastleherald

I'd have a hard time supporting a club that gets done over like Heart. I know our league is the worst kind of modern football but, you have to draw a line somewhere.

[Grimario]

I'd have a hard time supporting a club that gets done over like Heart. I know our league is the worst kind of modern football but, you have to draw a line somewhere.

If someone comes in and funds us, letting us keep our identity, I have no drama with that.

If we become the Newcastle Foxes or Newcastle Hoops, adopt someone else's colours and kit and are suddenly "founded in 2014", that might just be the straw that breaks the proverbial camel's back.

Forza Adelaide, Gombau and tika taka.

[Thomas477]

Considering how easily we are overrun a French club would be a perfect fit.

:lulz:

[GazFish35]

!!!!!!!!!!!!!!!!!

We could genuinely rebrand ourselves as the Newcastle Jerks.

Malky Mackay could be the first boss of the new regime and we could either be the Newcsatle Homophobic jerks, the Newcastle raicst Jerks or the Newcastle male Chavaunistic Jerks.


think of the possibilities!

[plague]

I'd cheer on the ISIS Jets if they paid the farkern bills.

[Bon]

!!!!!!!!!!!!!!!!!

We could genuinely rebrand ourselves as the Newcastle Jerks.

Malky Mackay could be the first boss of the new regime and we could either be the Newcsatle Homophobic jerks, the Newcastle raicst Jerks or the Newcastle male Chavaunistic Jerks.


think of the possibilities!

I like the chauvinistic ones best.. That way we can bring back cheerleaders, and just have everything about bewbs..
Everyone loves bewbs..

[Grimario]

I like the chauvinistic ones best.. That way we can bring back cheerleaders, and just have everything about bewbs..
Everyone loves bewbs..

Zads Ladz to be replaced with a supporters group called Biraz/BK'z Bikini Bitchez who stand behind his goals with their baps out, distracting strikers.

[Premy]

Al Anzhi Newcastle Evergrande Saint City.

#formodernfootball

[MFKS]

!!!!!!!!!!!!!!!!!

We could genuinely rebrand ourselves as the Newcastle Jerks.

Malky Mackay could be the first boss of the new regime and we could either be the Newcsatle Homophobic jerks, the Newcastle raicst Jerks or the Newcastle male Chavaunistic Jerks.


think of the possibilities!

The Newcastle Racist Jerks would probably contravene the no ethnic policy of the FFA.

The other 2 though should be right

[Frodo]

Zads Ladz to be replaced with a supporters group called Biraz/BK'z Bikini Bitchez who stand behind his goals with their baps out, distracting strikers.

SOLD!

Someone gets Tinks on the phone and make this happen.

[q-money]

isis are bang on trend fashion wise am I right parksey?

[leftrightout]

Considering how easily we are overrun a French club would be a perfect fit.

We could be just like our namesake in England, mediocre and full of frenchys!

[lil_masi]

With the sale all I hope is we remain in Newcastle (which we will as the license is for a Newcastle team) and that we are still called the Jets. Everything else I'm open to, lets face it it couldn't get worse.

[Bon]

We could be just like our namesake in England, mediocre and full of frenchys!

Well, we are already half way there then!

[baldrick]

It'll be a club with Arab money, so PSG would spring to mind?


This...

[leftrightout]

Well, we are already half way there then!

Some would say 2/3rds with same name and all!

[Jeterpool]

With the sale all I hope is we remain in Newcastle (which we will as the license is for a Newcastle team) and that we are still called the Jets. Everything else I'm open to, lets face it it couldn't get worse.

I'm with you. I also hope that payments and entitlements continue for teh club as well. We have had a good off season free of drama so far. I hope this distraction doesn't derail or distract the team.

Furthermore, I think the new owners should keep the low prices on season tickets. We've established a fan base with the second highest season membership in the league (I think), so the method of offering low prices to attract more people and fill the stadium really works.

I can't help but think the whole "announcement" after months of hush-hush is a ploy to force the hand of a potential buyer.

[MFKS]

I'm with you. I also hope that payments and entitlements continue for teh club as well. We have had a good off season free of drama so far. I hope this distraction doesn't derail or distract the team.

Furthermore, I think the new owners should keep the low prices on season tickets. We've established a fan base with the second highest season membership in the league (I think), so the method of offering low prices to attract more people and fill the stadium really works.

I can't help but think the whole "announcement" after months of hush-hush is a ploy to force the hand of a potential buyer.

Although the price of tickets works wouldn't count your chickens on any new owner doing it also.

Despite how well it works here haven't seen a rush of other clubs doing the same thing.


Hopefully we get some competent management of the club so we are actually looking at a positive future on and off the field not the half hearted approaches we have had in recent years.

PS Will be shattered if our CEO is the same bloke

[Blackmac79]

Red Bull Newcastle.

[MFKS]

FOOTBALL Federation Australia says it is ‘‘comfortable’’ with the position of the Newcastle Jets following confirmation by owner Nathan Tinkler that the club is for sale.


“Football Federation Australia (FFA) has previously noted comments from Nathan Tinkler regarding the ownership of the Newcastle Jets,” an FFA spokesperson said in a statement on Friday.


“FFA continues to have regular positive dialogue with the Newcastle Jets about operational and business matters.

“FFA is comfortable with the Newcastle Jets’ plans for the Hyundai A-League 2014/15 season and beyond.”

Tinkler was reported in Friday’s Daily Telegraph as saying: ‘‘The Newcastle Jets are for sale as well. I can’t wait to get them out the door, too.


FFA Couldn't seem to care less

[GazFish35]

A new owner would probably keep ticket prices low if they are also keen for a new coal loader.

[pv4]

We've established a fan base with the second highest season membership in the league (I think)

Last years membership numbers:

Adelaide United: 6,415
Brisbane Roar: 8,100
Central Coast Mariners: 5,960
Melbourne Heart: 7,307
Melbourne Victory: 22,021
Newcastle Jets: 10,115
Perth Glory : 5,000
Sydney FC: 10,658
Wellington Phoenix: 3,500
Western Sydney Wanderers: 16,904

[Jeterpool]

FFA Couldn't seem to care less

FFA aren't phased

[Jeterpool]

Last years membership numbers:

Adelaide United: 6,415
Brisbane Roar: 8,100
Central Coast Mariners: 5,960
Melbourne Heart: 7,307
Melbourne Victory: 22,021
Newcastle Jets: 10,115
Perth Glory : 5,000
Sydney FC: 10,658
Wellington Phoenix: 3,500
Western Sydney Wanderers: 16,904

Thanks! Must have been three years ago that we were second.

On a side note - there are some impressive numbers there.

[pv4]

Thanks! Must have been three years ago that we were second.

On a side note - there are some impressive numbers there.

Current numbers:

Adelaide United: 4,800
Brisbane Roar: 9,087
Central Coast Mariners: 3,900
Melbourne City: 7,060
Melbourne Victory: 14,651
Newcastle Jets: 6,654
Perth Glory : 3,800
Sydney FC: 8,691
Wellington Phoenix: 1,000
Western Sydney Wanderers: 14,461

[Beeen]

I heard the German interest is from Hamburg :yap: :lulzturtle: #FCSP

[Premy]

I heard the German interest is from Hamburg :yap: :lulzturtle: #FCSP

das Freudenhaus der Liga"

[Tommyjet]

I heard the German interest is from Hamburg :yap: :lulzturtle: #FCSP

Interesting, they have red and blue in their club colours which would disappoint some I know. Not richy rich rich but a well run organisation consisting on many sports.

[q-money]

hsv > hsg

[MFKS]

Last years membership numbers:

Adelaide United: 6,415
Brisbane Roar: 8,100
Central Coast Mariners: 5,960
Melbourne Heart: 7,307
Melbourne Victory: 22,021
Newcastle Jets: 10,115
Perth Glory : 5,000
Sydney FC: 10,658
Wellington Phoenix: 3,500
Western Sydney Wanderers: 16,904

Surprised at hearts total.

A few of those clubs should be embarrassed though.
Roar :blush: Smurfs :blush: Adelaide :blush:
All 3 for Major Cities should be doing a lot better

At least Perth can lay claim to years of ineptness and Wellington well they are Kiwis after all

[la bazzle]

I hope we get rebranded like melb city. Happy days ahead

[Premy]

hsv > hsg
Wrong Hamburg #FCSP

[GazFish35]

Secretly I hope a Cypriot buys us.

[hawk]

Secretly I hope a Cypriot buys us.

or a Cypocrit

[joel31]

Bring back gold

[plague]

I hope the Cro's buy us and re-name us the Newcastle Knights.

[Pico]

Decided to do a quick google for some of the current multi club ownership groups that are out there at the moment here's a brief list.




Multiple club owners
Sheikh Mansour Manchester City, New York City FC, Al Jazira (Abu Dhabi), Melbourne Heart.
Pozzo family Watford, Udinese (Italy), Granada (Spain).
Duchâtelet family Charlton Athletic, Standard Liège, Sint-Truiden (both Belgium), Carl Zeiss Jena (Germany), Alcorcon (Spain), Ujpest (Hungary).
Vincent Tan Cardiff City, FK Sarajevo (Bosnia).
Dietrich Mateschitz Red Bull Salzburg (Austria), Red Bull New York, Red Bull Brasil, RB Leipzig

www.independent.co.uk/sport/football/premier-league/the-club-collectors-have-got-their-hands-on-watford-charlton-and-maybe-leeds--the-next-step-as-with-manchester-city-is-building-a-global-brand-9116168.html

[MFKS]

What's the fascination with the foreign club ownership angle??

Can see few of you either were around in the NSL days or have forgotten how much of a debacle the Northern Spirit Glasgow Rangers thing became.

It's all good and well when the parent club seem interested like they currently do at Heart but what happens in a few years time when the initial enthusiasm wanes from the owner and all he sees is money being pissed into a black hole???


I will say it again. The only way forward is to diversify ownership to a group of 4-5 OWNERS where the debts incurred running football clubs are spread about between 4-5 parties and not lumped on one rich bloke who will eventually ask WTF as he continues to piss money into a black hole of debt.

Exact same predicament with Con Tinks etc. The rest of it is just window dressing.

One Rich Bloke owning the club is ALWAYS doomed to inevitable failure

[Tommyjet]

What's the fascination with the foreign club ownership angle??

Can see few of you either were around in the NSL days or have forgotten how much of a debacle the Northern Spirit Glasgow Rangers thing became.

It's all good and well when the parent club seem interested like they currently do at Heart but what happens in a few years time when the initial enthusiasm wanes from the owner and all he sees is money being pissed into a black hole???


I will say it again. The only way forward is to diversify ownership to a group of 4-5 OWNERS where the debts incurred running football clubs are spread about between 4-5 parties and not lumped on one rich bloke who will eventually ask WTF as he continues to piss money into a black hole of debt.

Exact same predicament with Con Tinks etc. The rest of it is just window dressing.

One Rich Bloke owning the club is ALWAYS doomed to inevitable failure

Financial fair play is the difference between now and the northern spirit/rangers debacle.

[Jetmaster]

Please provide us with some current working models of multiple owners.

[MFKS]

Please provide us with some current working models of multiple owners.
Victree

4 blokes 25%

[Grimario]

Victree

4 blokes 25%
Victory, currently looking for more investors because 4 blokes sick of losing so much money?

[plague]

Victree

4 blokes 25%

I guess the counter to that would be SFC. Place has multiple owners and run like a bucket of shit innit?

[MFKS]

Victory, currently looking for more investors because 4 blokes sick of losing so much money?

Victree are one of the few clubs in this country who have turned a profit go close to breaking even so losing money isn't exactly their issue.

As for the Smurfs Plague they ain't run any worse than we are!!!. They are at least financially stable even if onfield they are a joke


The thing with one bloke wanting out of Victree (I read one wanted out unsure if that is the only one) is that the future ain't clouded cause one wants out.

Everytime Tinks/Con or whoever has any issue we are staring down the barrel. DejaVu

[MFKS]

Financial fair play is the difference between now and the northern spirit/rangers debacle.
Might well be the factor that has encouraged the likes of Man City to buy Heart etc but considering what UEFA are trying to do with the whole idea whats to not see them change/tighten rules so that any advantage City are gaining from their New York Melburn activity are negated??

The Financial Fair Play angle is still a restrictive thing which keeps the elite clubs dining at the head table and and in future will prevent new clubs like Chelsea Man City etc buying success at the expense of the established powers. Would not surprise me at all if the whole thing was a charade from Euros big clubs to keep the likes of Chelsea Man City getting away from them

[plague]

I actually agree with the Member in that as long as there are stable owners, who cares where they are from etc etc.
Just so happens our local Richie Rich's aren't exactly football lovers and either have the cash but not the passion, or the passion but not the cash.

The bright spot about foreign clubs pissing thier cash up against a wall by investing down here is that no matter how bad our game is going, big clubs will lose more just by screwing up a big signing ('sup Andy Carroll) so we'll probably never show up on thier P&L's.

Oh and the Northern Spirit was the greatest thing that ever happened to the NSL because shitkhunce like Robbie Slayer and Gypo Arnie got screwed over and lost a tonne of cash.
#neverforget

Anyone know if Eddie Obeid likes soccer?

[GazFish35]

I think we should get that ICAC company to buy us. They're in the news heaps, seem to have loads of cash to throw around. We could play in emerald green and paper bag brown.

[plague]

I think we should get that ICAC company to buy us. They're in the news heaps, seem to have loads of cash to throw around. We could play in emerald green and paper bag brown.

And for man of the match awards we can hand out shitty $300 paintings that are then on-sold for $10k to get around the salary cap.

How many lads can we for in the back of a Bentley for away days?