Interesting article in the weekends Financial Review on Tinkler's empire of debt. Worth noting that his purchase of the Newcastle Knights team was funded by a $23 Million dollar loan. If the loan was sourced from his usual source, the US hedge fund Farallon Capital Partners, then their usual rate is 15%. Tinkler's total net wealth is sitting atop a debt mountain. The Knights might just be in trouble if his attempt to merge Aston Resources and Whithaven Coal fall over due their declining share prices.